1400 4th St, Williamsport, PA 17701-5683
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RES · Williamsport, PAWilliamsport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.