Attention Investors: This 12-property portfolio is seeking new owners. Properties are situated in Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies. The majority of occupied properties are month-to-month leases, with tenants responsible for utilities, facilitating a smooth transition for new owners. Undervalued rents present substantial potential within this portfolio. The current owner assumes responsibility for sewer and tax payments, resulting in annual expenses of $16,776. Annual rents amount to $65,520, generating a cash flow of $48,744. Eight properties are currently occupied, six of which are month-to-month leases. Two longer-term leases conclude in December 2026, leaving four vacant properties that can be rented for premium rates upon renovation. This portfolio presents a confluence of favorable factors: a motivated seller, undervalued rents, vacant properties, and opportunities for growth and improvements. With the appropriate strategy, this portfolio can transform into a highly lucrative asset. Currently, the portfolio offers a 6.6% Cap Rate. By increasing rents to market rates, it can provide for a lifetime of income. Schedule a showing to make this portfolio yours. This portfolio consists of 815 E Webster St Shamokin PA(3B 1B $900), 918 Race St Shamokin PA(3B 1.5B Owner Occupied), 35 Hibridge Cir Lewistown PA(3B 1B Vacant), 6 & 28 S Franklin St Shamokin PA(2B 1B Each $625 & $600), 513 W Mulberry St Shamokin PA(3B 1B $650), 135 E Arch St Shamokin PA(3B 1B $650), 123 N Grant St Shamokin PA(4B 1B Vacant), 212 E Snyder Ave Lansford PA(2B 1B $625), 444 Kreamer Ave Sunbury PA(4B 1B $910), 4685 Upper Rd Shamokin PA(3B 1B Vacant), and 34 N Rock St Shamokin PA(5 Garage Bays $500)!

Listing courtesy of EXP Realty, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.