453 MILL Street, Danville, PA 17821 (MLS# 20-98196)
$810,000
Danville, PA 17821
MLS# 20-98196
Status: Closed
7 baths | 9400 sqft

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Property Description
Discover an exceptional opportunity to invest in one of Danville's most distinctive properties, located on the charming and historic Mill Street. This property is truly a rare find and represents an incredible chance to own a significant piece of Danville's heritage while benefiting from a highly profitable investment. This well-maintained building offers a compelling combination of residential and commercial rental income, featuring six beautifully renovated 1-bedroom, 1-bathroom apartments alongside a substantial commercial space. The commercial unit, currently leased under a secure 4-year agreement, ensures a stable and consistent revenue stream, making this property an ideal investment for those seeking
Details
Maps
Documents
Contract Information
Current Price: $810,000
Book Section: Commercial
Begin Date: 2024-09-05
Status: Closed
Sold Price: $810,000
Assessed Valuation: 296970
General Property Description
Realtor.COM Type: Commercial
Total SqFt.: 9400
Apx Above Grade Finished SqFt: 9400
Lot Size: 78x40
Lot Acres: 0.14
Stories: 3
Total Bathrooms: 7
Garage Type: None
Garage Stall: None
Remarks
Directions: From Church St, right on E Market then Right on Mill. Property on the left.
Details
Sign: No
Leased: Yes
# of Parking Spaces: 13
Sale: Yes
Business: No
Income and Expenses
Gross Profit: 130800
Annual Operating Exp: 30370
Taxes: 7000
Sold Information
Under Contract Date: 2024-10-23
Sold Date: 2024-12-27
Sold Price: $810,000
Location Tax and Other Information
Area: Danville/Riverside
House Number: 453
Street Name: MILL
Street Suffix: Street
County: Montour
State/Province: PA
Postal Code: 17821
Municipality: Danville/Riverside
PIN Number: 11-87-393
Zoning: Comm Industrial
Property Features
Amenities: Paved Streets; Sidewalks; Street Lights
Exterior Finish: Block; Stone
Document: Commercial Property Information Sheet; Deed; Tax Card
Supplements
both immediate and long-term financial returns. Together, these units share 13 off street parking spots.
All six residential apartments have been thoughtfully renovated to combine modern amenities with the classic charm of the building. Each unit has been updated to meet contemporary standards, ensuring comfort and style for tenants while maintaining the historic character that makes this property so special. Of these six units, four come fully furnished, providing a turnkey solution for both long-term and short-term rental markets. Currently, three of the furnished apartments are operating successfully as short-term rentals, generating excellent income with a high occupancy rate due to the property's prime location in Danville's vibrant downtown area.
Listing Office: EXP Realty, LLC
Listing Agent: MARC NESPOLI
Last Updated: June - 05 - 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.

Deed