201-207 MILLVILLE Road, Bloomsburg, PA 17815 (MLS# 20-98110)
201-207 MILLVILLE Road, Bloomsburg, PA 17815
Overview
Description
Supplements: ... (Read more) 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***
Listing Details MLS# 20-98110
Contract Information
- Book Section
- Multi-Family
- Begin Date
- 2024-08-27
- Assessed Valuation
- 135760
Sold Information
- Under Contract Date
- 2024-11-08
- Sold Date
- 2025-02-28
General Property Description
- Style
- Apartment Building
- Total SqFt.
- 13560
- SqFt. 1
- 6780
- SqFt. 2
- 6780
- Apx Above Grade Finished SqFt
- 13560
- Year Built
- 1973
- Actual/Est YearBuilt
- Estimated
- Realtor.COM Type
- Multi-Family
- Lot Acres
- 0.79
- Number of Units
- 20
- Total Bedrooms
- 45
- Baths - Total Full
- 20
- Total Bathrooms
- 20
- Garage Stall
- See Remarks
- Garage Type
- Off Street Parking
- Apx Below Grade Finished SqFt
- 0
- SqFt. B
- 0
- SqFt. 3
- 0
- Basement
- See Remarks
- 1st Floor Bedrooms
- 0
- Baths - Total 3/4
- 0
- Baths - Total Half
- 0
Location Tax and Other Information
- Area
- Bloomsburg
- House Number
- 201-207
- Street Name
- MILLVILLE
- Street Suffix
- Road
- County
- Columbia
- State/Province
- PA
- Postal Code
- 17815
- Municipality
- Bloomsburg
- Zoning
- RU
- Subdivision
- 0-None
- PIN Number
- 05E06 01800 & 05E06 01700
Remarks
- Directions
- From Bloomsburg to Buckhorn, units are on right immediately outside of Bloomsburg.
Details
- Sign
- No
- Seller Finance
- Yes
- Exclusions
- Tenant possessions
- # of Units
- 20
More Information
Major Appliances
- Ranges
- 20
- Refrigerators
- 20
- Dishwashers
- 6
- Washers
- 2
- Dryers
- 2
- Electric Meters
- 23
- A/C Units
- 8
- Water Heaters
- 20
- Furnaces
- 0
Unit 1
- Laundry Hookups
- Yes
- Heat Pd By
- Tenant
- Water Pd By
- Tenant
Income and Expenses
- Gross Oper Income
- 221000
- Electricity
- 1200
- Water/Sewer
- 7972
- Maintenance
- 18270
- Taxes
- 11160
- Insurance
- 11823
- Lawn/Snow
- 2700
- Garbage
- 2225
- Other
- 1440
- Total Expenses
- 56790
- Net Oper Income
- 164210
Location, Tax and Other Information
- Area By County
- Columbia County
- DB Page
- 20220-3480
- Elevation Cert
- No
- SpecialFloodHazArea
- No
- School District
- Bloomsburg
- Taxes
- 11159.74
- Tax Year Addl Info
- 2024
Documents
- Deed
- Yes
- Tax Card
- Yes
Amenities
- Paved Streets
- Yes
- Street Lights
- Yes
Construction
- Frame
- Yes
- Masonry
- Yes
Basement/Foundation
- Outside Entrance
- Yes
- Unfinished
- Yes
- None
- Yes
- See Remarks
- Yes
Exterior Finish
- Vinyl
- Yes
- See Remarks
- Yes
Services/Utilities
- Road Type
- Public
- Water
- Public
- Sewer
- Public
- Total Parking Spaces
- 42
- Heating
- Electric Baseboard
Roof Type/Year
- Roof Year
- Approx 2014
- Shingle
- Yes
Green Energy Generation
- None
- Yes

Deed ›