116-128 Iron Street, Bloomsburg

Bloomsburg, PA, 17815 · MLS #24-5279

$565,000

Sold January 2025

116-128 Iron Street, Bloomsburg in Bloomsburg

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Approximate location · View larger map

Units

7,372

Building SF

$77

Per Sq Ft

Last List Price

$649,000

Sold For

$565,000

Against Asking

Sold 12.9% below asking

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About This Property

Investors Great Opportunity! Own 2 Buildings 8 Units Renovated and Rented with 10+ Cars Parking Lot. Walking distance to Bloomsburg University, Geisinger Hospital and even Downtown Bloomsburg. Outstanding Location with so much Potential - A Great Income Producer. New Roofs, Siding, Laundry Room, Bathrooms, Flooring, Kitchens Wall, Windows, Plumbing, All New Electrical and Fire System.

This property has sold and is no longer on the market. It sold for $565,000 in January 2025. Contact us for other recent sales nearby. Listed by Berkshire Hathaway Home Services Preferred Properties.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multiple Buildings
Condition: Very Good

Interior

Basement: Full Unfinished
Interior Features: Drywall
Included: 8 Ranges, 8 Refrigerators, 8 Microwaves, 2 Washers, 2 Dryers

Systems

Heating: Electric Baseboard, Steam
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Vinyl Siding
Roof: Composition
Outdoor: Porch
Lot Dimensions: 146 X 91

Location

County: Columbia County
School District: Bloomsburg
Zoning: Multi-Family

Costs & Listing

Annual Taxes: $6,186
Gross Income: $88,996
Net Operating Income: $66,921
Cap Rate: 10.31%
MLS #: 24-5279
Listed By: Berkshire Hathaway Home Services Preferred Properties

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