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    Property profile & analytics
    OFF-MARKET Estimated value $780,000
    Garden apartment buildings

    1400 4th St, Williamsport, PA 17701-5683

    5,434 SF 1 ac lot Built 1901
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US73-3946544
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Garden apartment buildings
    Use group GARDEN APT, COURT APT (5+ UNITS)
    Year built 1901
    Total area 5,434 SF
    Lot 1 ac (43,560 SF)
    Zoning code RES
    APN 70+,010.0-0617.00-000+
    UPID US73-3946544
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Student Transportation of America School Bus Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $635k
    Comparable Approach Comparable
    $861k
    Blend (final) Blend
    $780k
    Owner & transaction history
    Plum Tree Sanctuary LLC · 18 yrs held
    Plum Tree Sanctuary LLC
    since 2008
    3 recorded transactions
    2018
    2017
    2008
    $295,000
    Zoning & alternative use
    RES · Williamsport, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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