Current Price:$6,600,000List Date:3/06/2025Last Modified:6/06/2025
Description
Seize this rare opportunity to own a highly desirable portfolio of student housing properties in a prime college-town location. This income-producing package includes 35 fully leased units and a profitable laundromat, strategically positioned near campus, nightlife, and essential amenities—ensuring consistent tenant demand year after year.
Included Addresses:
- 258-258A Iron Street
- 252-254 E. Fifth Street
- 375-377 Fetterman Avenue
- 383 1/2 Lightstreet Road
- 385 Lightstreet Road
- 391 Lightstreet Road
- 600 E. 2nd Street
- 620 E. 2nd Street
- 310-312 East Street
- 315 Catherine Street
- Laundromat at 428 W. Main Street
Supplements: Investment Highlights:
35 units plus laundromat for diversified income
- Gross rents exceeding $720,000 annually
- Many units already leased for the upcoming school year
- Prime location near campus and downtown
- Turnkey investment with immediate cash flow
- Laundromat provides additional passive income
- Many units occupied by long term Greek life tenants
This high-yield package is ideal for investors seeking a stable and scalable student housing portfolio. Full P&L information and additional interior pictures are available upon request.
For details, contact listing agents:
Samantha Capita - 570-764-7355
Mike Capita - 570-764-1200
Don't miss this chance to expand your rental holdings!
600-620 E 2nd Street can also be purchased separately under listing number 20-99358.
Laundromat with 4 apartments can also be purchased separately under listing number 20-99666.
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.
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