101 SHERMAN Street, Muncy, PA 17756 (MLS# 20-101040)
$320,000
Muncy, PA 17756
MLS# 20-101040
Status: Closed
6 beds | 4 baths | 3600 sqft
1 / 25
Property Description
Welcome Investors to this unique investment property that was once the former Muncy Borough Building and town jail. This well maintained 4-unit property is fully occupied and income producing. This incredible property seamlessly blends its fascinating past with modern updates, making it a truly exceptional investment opportunity. Each of the four apartments is a self-contained unit, offering modern convenience with its own in-unit laundry and gas heat. Furthermore, each unit is rewired with a 100-amp electrical box. There is a 3-car garage on the premises. Don't miss this rare chance to own a property that combines lucrative rental income with a rich and compelling story. Property is being sold AS-IS with a 24 hour notice to schedule showings.
Details
Maps
Documents
Contract Information
Current Price: $320,000
Book Section: Multi-Family
Begin Date: 2025-08-01
Status: Closed
Sold Price: $320,000
Assessed Valuation: 87780
General Property Description
Style: Apartment Building
Total SqFt.: 3600
SqFt. B: 1800
SqFt. 1: 1800
SqFt. 2: 1800
Apx Below Grade Finished SqFt: 900
Apx Above Grade Finished SqFt: 3600
Year Built: 1901
Actual/Est YearBuilt: Estimated
Realtor.COM Type: Multi-Family
Lot Size: 180x50
Lot Acres: 0.21
Number of Units: 4
Total Bedrooms: 6
1st Floor Bedrooms: 3
Baths - Total Full: 2
Baths - Total 3/4: 2
Total Bathrooms: 4
Garage Stall: 3 Car
Garage Type: Detached
Leased Lot/Land: No
Remarks
Directions: Heading North on Main Street, turn left onto W. Penn St, turn right onto Sherman St, turn right onto W. High St.
Details
Association: No
# of Units: 4
Income and Expenses
Sched Oper Income: 33480
Water/Sewer: 4572
Taxes: 2474
Insurance: 622
Garbage: 480
Total Expenses: 8148
Net Oper Income: 25332
Unit 1
Number of Rooms: 5
Laundry Hookups: Yes
Elec Pd By: Tenant
Heat Pd By: Tenant
Sewer Pd By: Owner
Water Pd By: Owner
Unit 2
Number of Rooms: 4
Laundry Hookups: Yes
Elec Pd By: Tenant
Heat Pd By: Tenant
Sewer Pd By: Owner
Water Pd By: Owner
Unit 3
Number of Rooms: 5
Laundry Hookups: Yes
Elec Pd By: Tenant
Heat Pd By: Tenant
Sewer Pd By: Owner
Water Pd By: Owner
Unit 4
Number of Rooms: 5
Laundry Hookups: Yes
Elec Pd By: Tenant
Heat Pd By: Tenant
Sewer Pd By: Owner
Water Pd By: Owner
Sold Information
Under Contract Date: 2025-08-18
Sold Date: 2025-10-17
Sold Price: $320,000
Location Tax and Other Information
Area: Lycoming County
House Number: 101
Street Name: SHERMAN
Street Suffix: Street
County: Lycoming County
State/Province: PA
Postal Code: 17756
Municipality: Munch Borough
Zoning: Commercial
Subdivision: 0-None
PIN Number: 38-001-208
Property Features
Construction: Frame
Exterior Finish: Aluminum; Steel
Amenities: Paved Streets; Sidewalks
Green Energy Generation: None
Documents: Deed; Tax Card; Directions; Map
Lead-Based Paint Disclosure 
Listing Office: Adventure REALTY
Listing Agent: KENT DEAN KILGUS
Last Updated: October - 17 - 2025
DISCLAIMER NOTICE: The information above is provided exclusively for the use of Members of the Central Susquehanna Valley MLS ('CSVBR-MLS'). Buyers and all other individuals not members of the CSVBR-MLS ('all non-MLS members') are NOT AUTHORIZED TO UTILIZE THIS INFORMATION AND HAVE NO RIGHT TO RELY ON IT. All non-MLS members must independently verify all information important to them and agree to hold all members of the CSVBR-MLS harmless from all liability for the accuracy of this information if they fail to independently verify that information. Antitrust Compliance Notice. See Notice.