1400 4th St Williamsport, PA 17701-5683

Property Details for 1400 4th St

Year built

1901

Lot size

1.00 lot acres

Property size

5,434 SF

Zone code

RES

Property type

Garden apartment buildings

APN

70+,010.0-0617.00-000+

APU

700100061700000

Description

This exceptional 19-unit luxury apartment building in Williamsport, Pennsylvania presents a compelling investment opportunity. Located at 1400 W 4th St, this meticulously renovated property boasts a captivating history as a former church, now transformed into a stunning collection of loft apartments. The building features high-end finishes throughout, including hardwood floors, granite countertops, and open-concept layouts. Each unit is equipped with a high-efficiency HVAC system and in-unit washer/dryer. The building also includes a spacious cathedral meeting room, ideal for private events. The property sits on one acre of land and includes a gated parking lot with a keyless entry system. The building's strong financial performance is highlighted by a stabilized investment type, an 8.48% cap rate, and a net operating income (NOI) of $193,321. All utilities (electric, sewer, and water) are separately metered for each tenant, simplifying management and maximizing efficiency. The building's interior has been completely renovated, including new plumbing, electrical, HVAC, framing, insulation, drywall, and a full sprinkler system. Original stained-glass windows add to the building's unique character and charm. This turnkey investment offers a rare blend of historical charm and modern luxury, promising strong returns for the discerning investor. The asking price is $2,280,000.

Location Insight

City

Williamsport

County

Lycoming

State

Pennsylvania

Longitude

-77.0344

Latitude

41.2397

CBSA code

48700

CBSA name

WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments