110 College Ave Factoryville, PA 18419
- Commercial real estate
- 6,156 SF
- 0.33 lot acres
Current Use by Public Records
- The Sidelines / Bar
Property Details for 110 College Ave
- Year built
- 1930
- Lot size
- 0.33 lot acres
- Property size
- 6,156 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a seven-unit apartment complex situated at 110 College Avenue in the desirable town of Factoryville, Pennsylvania. The property boasts a total of 6,156 square feet and sits on a 0.33-acre lot. Its prime downtown location offers unparalleled convenience, with easy access to shopping and a short walk to Keystone College, ensuring high occupancy rates. The complex benefits from a maintenance-free exterior and recently installed new windows, minimizing upkeep and maximizing long-term value. Adding to the income potential is a spacious barn located at the rear of the apartment building, suitable for additional storage or even generating rental income. The property also includes a building leased to Peoples State Bank, providing a stable and reliable income stream. The apartment units feature ceilings up to eight feet high. There is no overhead door on the barn. Tax information is available upon request. This turnkey investment is ideal for a savvy investor seeking a strong return on investment in a thriving community. The combination of the apartment complex, bank building, and barn provides a diversified income stream and significant potential for future growth. Don't miss this chance to acquire a well-maintained, high-yield property in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Factoryville
- County
- Wyoming
- State
- Pennsylvania
- Longitude
- -75.78275
- Latitude
- 41.56451