ALMOST 10% CAP RATE POTENTIAL! This cash-flowing multi-unit property consists of 1 vacant retail space on the main level (will be listed at $2,600/month) and 4 fully occupied residential units on the upper levels. The residential units consist of two 2 bedroom, 1 bathroom apartments and two 1 bedroom, 1 bathroom apartments. The apartments currently rent at $1,150/month, $1,100/month, $950/month, and $900/month. The 1,660 square foot main level retail space has been completed renovated (list of renovations completed uploaded into the MLS) and is perfect for your own business or simply a cash-flowing addition to your portfolio! Highlights of the expansive renovation include a newer roof (2019), new HVAC system, new hot water heater, new plumbing, new electric, new walls and ceilings, new windows, new bathroom and storage closets, new crown molding and decorative beams throughout, new paint, new oak shelving throughout, new LVP flooring combined with original wood restoration, extensive cleaning and sealing of the basement space, new rear cellar retaining wall, and so much more! Don't miss your chance to own the hottest new multi-unit property in town!
Williamsport is located in Maryland. Williamsport, Maryland has a population of 1,952. Williamsport is less family-centric than the surrounding county with 14.06% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Williamsport, Maryland is $50,509. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Williamsport is 38.5 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 40.9 inches per year, with 21.2 inches of snow per year.
