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Property profile & analytics
OFF-MARKET
Apartment buildings

620 2Nd St Bloomsburg, PA 17815

5,592 SF 0.44 ac lot Built 1900
Property ID
US73-1153630
Property summary
AI-generated overview

Exceptional investment opportunity in Bloomsburg, Pennsylvania, featuring a six-unit apartment building, a single-family home, and a two-car garage situated on a 0.44-acre lot. The property, located at 620 E 2nd St, 17815, is directly across from Bloomsburg University, ensuring consistent high occupancy rates. The apartment building, constructed in 1900, comprises 5,592 square feet and offers six units, each priced at $150,000. The property boasts a gross annual income of $107,500 with full occupancy, demonstrating strong rental demand. Modern updates throughout the six-unit building, including central air conditioning, contribute to tenant satisfaction and simplify management. Tenants are responsible for most utilities, maximizing net income. The property is zoned RS and features three buildings. The APN is 05E11 12501, 05E11 12700. This turnkey investment is ideal for portfolio expansion or first-time investors seeking a proven performer in a desirable location. The asking price for this exceptional property is $1,050,000.

Property profile
Verified
Property type Apartment buildings
Year built 1900
Total area 5,592 SF
Lot 0.44 ac (19,166 SF)
UPID US73-1153630
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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