309-315 Fair St., Bloomsburg, PA 17815 (MLS# 21-5668)

309-315 Fair St., Bloomsburg, PA 17815

$555,000
Property Type: Residential Income Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $555,000 List Date: 1/22/2022 Last Modified: 9/11/2024

Description

Do you enjoy making money? Possibly so much so, that you'd consider it a hobby? Or are you one of those who talks yourself out of every deal, waiting for ''the one'' to get started? Look no further my investor friend. You can analyze this deal sideways and still come out raking in the dough. Sitting at $63,000 ANNUAL NET INCOME, this student housing complex was just built in 2003, with pristine mechanicals, happy tenants, and it comes fully furnished. Other perks include: Keyless entry, Central Air, Separate Utilities, Sprinkler Systems, and Flat Screen TVs. While this is what you would call ''turn-key,'' there's room for value-add. Ask me how to earn an extra income next year without raising the rents. Priced to make YOU the new landlord before winter break ends., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2176.00, SqFt Fin - 2nd: 2176.00

More Information MLS# 21-5668

Contract Information

Current Price: $555,000 Sold Price: $555,000 Status: Closed Listing Contract Date: 2021-12-17 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Kotulka Paul A & Patricia M

Location Tax and Legal

Street Number: 309-315 Street Name: Fair St. State: PA Postal Code: 17815 County: Columbia

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Above Grade Finished Area: 4352 Living Area: 4352 Enhanced Accessible: No Year Built: 2003 New Construction YN: No Parking Total: 12 Lot Size Acres: 0.21 Lot Size Dimensions: 280 x 40 x 11 x 40 x 111 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Do you enjoy making money? Possibly so much so, that you'd consider it a hobby? Or are you one of those who talks yourself out of every deal, waiting for ''the one'' to get started? Look no further my investor friend. You can analyze this deal sideways and still come out raking in the dough. Sitting at $63,000 ANNUAL NET INCOME, this student housing complex was just built in 2003, with pristine mechanicals, happy tenants, and it comes fully furnished. Other perks include: Keyless entry, Central Air, Separate Utilities, Sprinkler Systems, and Flat Screen TVs. While this is what you would call ''turn-key,'' there's room for value-add. Ask me how to earn an extra income next year without raising the rents. Priced to make YOU the new landlord before winter break ends., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2176.00, SqFt Fin - 2nd: 2176.00 Exclusions: Yes - Call Listing Office

Status Change Information

Major Change Timestamp: 2022-04-27T20:19:57Z Major Change Type: Status Change Status Change Timestamp: 2022-04-27 Purchase Contract Date: 2022-03-02 Close Date: 2022-04-27 Close Price: 555000 Concessions: No

Income and Expenses

Gross Income: 74690 Water Expense: 2160

Unit 1

Unit #: 309 Security Deposit $: 900 SqFt Total: 1088 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2022-05-09 Unit Remarks: $3195/student/semest

Unit 2

Unit #: 311 Security Deposit $: 900 SqFt Total: 1088 Baths Total: 1 Beds Total: 3 Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2022-05-09 Unit Remarks: $3195/student/semest

Unit 3

Unit #: 313 Security Deposit $: 900 SqFt Total: 1088 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2022-05-09 Unit Remarks: $3095/student/semest

Unit 4

Unit #: 315 Security Deposit $: 900 SqFt Total: 1088 Baths Total: 1 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Lease Expiration Date: 2022-05-09

Road Frontage Type

Road Frontage Length: 280

Property Features

Appliances: Dishwasher; Range; Refrigerator Community Features: None Construction Materials: Vinyl Siding Cooling: Central Air; Heat Pump Foundation Details: Slab Heating: Forced Air; Natural Gas Laundry Features: Gas Dryer Hookup; None Levels: One and One Half Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Irregular Lot; Level Parking Features: Asphalt; Off Street; Paved Possession: Negotiable Road Frontage Type: Other Road Surface Type: Paved Roof: Composition; Wood Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Pet(s) on Premises; Security System; Text Listing Agent Water Source: Public
Listing Office: ERA One Source Realty
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.