707 Main Street, New Milford, PA 18834
$295,000
Property Type:
Commercial Sale
Square Footage:
4,850
Lot Size (sq. ft.):
16,117
Status:
Active
Current Price:
$295,000
List Date:
3/01/2024
Last Modified:
3/02/2024
Description
Unlock a lucrative investment opportunity at 707 Main Street in New Milford, PA 18834! This commercial apartment house boasts six fully rented apartments, each occupied by long-term tenants, ensuring a steady income stream. Additionally, both trailer lots are leased, maximizing rental potential. Nestled in a small thriving community, this property offers the perfect blend of stability and growth. Whether you're a seasoned investor or new to the market, seize the chance to capitalize on this turnkey opportunity for immediate returns and long-term income potential.
More Information MLS# SC-1293
Contract Information
Current Price: $295,000
List Price: $295,000
Status: Active
Listing Contract Date: 2024-02-08
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Sub Agency Compensation: 2.5
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: $
Dual Or Variable Rate Commission YN: No
Owner Name: Kathrine A Wages
Environmental Survey YN: No
Location, Tax, and Legal
Street Number: 707
Street Name: Main
Street Suffix: Street
Municipality: New Milford Borough
State: PA
Postal Code: 18834
County: Susquehanna
High School District: Blue Ridge
City Region: New Milford
County Tax Amount: 456.75
Municipal Tax Amount: 87
School Tax Amount: 2249.39
Tax Annual Amount: 2807.49
Tax Year: 2024
Tax Assessed Value: 43500
Tax Information: TBD
Parcel Number: 109.06-1,078.00
Zoning: CA: Commercial
Directions: From the New Milford Exit of Route 81, Take Jackson Street into New Milford, Then turn right at the stop sign onto Main street. Then the property will be our your left two houses down from the Post office.
Tax Book Number: 109.06-1,078.00
General Property Information
Number Of Units Total: 6
Building Area Total: 4850
Building Area Total (Report Only): 4850
Enhanced Accessible: No
Year Built: 1900
Lot Size Acres: 0.37
Lot Size Dimensions: 16104
Stories: 2
Auction YN: No
List Price/SqFt: 60.82
Remarks and Miscellaneous
Public Remarks: Unlock a lucrative investment opportunity at 707 Main Street in New Milford, PA 18834! This commercial apartment house boasts six fully rented apartments, each occupied by long-term tenants, ensuring a steady income stream. Additionally, both trailer lots are leased, maximizing rental potential. Nestled in a small thriving community, this property offers the perfect blend of stability and growth. Whether you're a seasoned investor or new to the market, seize the chance to capitalize on this turnkey opportunity for immediate returns and long-term income potential.
Status Change Information
Major Change Timestamp: 2024-03-01T21:35:58Z
Major Change Type: New Listing
Status Change Timestamp: 2024-03-01
Oil, Gas and Mineral Rights
Gas Rights Reserved: All
Mineral Rights Reserved: All
Oil Rights Reserved: All
Property Condition
Year Built Effective: 1900
Property Features
Current Use: Commercial; Multi-Family
Electric: 200 or Less Amp Service
Heating: Electric; Propane
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Back Yard
Parking Features: Additional Parking; Driveway; Leased; Off Street
Possible Use: Commercial; Investment; Multi-Family
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Structure Type: Multi Family
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Across Country Real Estate
Last Updated: March - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.