201-207 MILLVILLE Road, Bloomsburg, PA 17815 (MLS# 20-98110)
201-207 MILLVILLE Road, Bloomsburg, PA 17815
Description
Supplements: There's also untapped potential to further increase income by converting five studio units into fully furnished and remodeled spaces, perfect for short or mid-term rentals. This strategy has already proven successful, with one studio generating $1,200 monthly. There's also the option to add shared laundry facilities, enhancing tenant satisfaction and boosting revenue. Moreover, the existing property manager is willing to stay on for an additional three months at $1000/month, ensuring a smooth transition for the new owner. Property is currently occupied by long and mid-term residential tenants (not students) but does have dual zoning in the High-Density District and can be rented to either residential or student tenants. Whether you're looking to expand your real estate holdings or secure a solid income-producing property with growth potential, this complex offers an excellent opportunity in Bloomsburg. Close proximity to many of the area's local employers: Bloomsburg University, Geisinger, Talen, new Amazon data center, plus close to multiple walking/biking trails. Don't miss out on this prime investment! ***One of the selling partners is a PA licensed real estate agent***

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