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$400,000
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Property Description
Investor Alert: Unique Mixed-Use Opportunity Nestled in the heart of downtown Shamokin, Pennsylvania, this exceptional investment opportunity is now available for a discerning investor. We are presenting a 49-unit building that uniquely combines both residential and commercial elements, offering an expansive retail space on the ground floor. This property stands in a prime downtown location, maximizing both visibility and accessibility. The building features a strategic blend of 49 residential units and a substantial ground-floor retail space. Its modern architectural design ensures spacious living areas for residents and an inviting commercial environment for businesses. This mixed-use property not only provides a diversified income stream but also significantly reduces vacancy risks, enhancing the overall return on investment. The property's prime location in a bustling downtown area guarantees high foot traffic, making it an ideal spot for retail businesses. The growing population and economic development in Shamokin indicate a rising demand for both housing and commercial space, suggesting a promising future for this investment. Additionally, the property offers the potential for further value addition through strategic renovations and rebranding efforts. Priced competitively with an attractive cost per unit, this investment promises a substantial return on investment with proper management. This mixed-use property presents a rare opportunity for investors seeking to capitalize on the thriving Shamokin community. With its combination of residential and commercial utility, prime location, and potential for high returns, it stands as an unmissable opportunity for those looking to expand their portfolio. This property is being sold **AS-IS**. The buyer is responsible for all repairs & inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verified-buyer to perform due diligence.
Full Property Details
Full Property Details for 30 E Independence St
General
- Sold For: $400,000
- Taxes: $5,790 (2023)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PANU2001362
- Added to Site: 770 day(s) ago
Business
- Business Type: Apartment Building, Other
Parking
- Parking Type: On Street
Location
- Area: Jackson Twp (14106)
- Municipality: JACKSON TWP
- County: Northumberland
- Driving Directions: From PA-61 / State Route 61 Turn right onto PA-61 / State Route 61 Turn left onto 9th st Turn right onto E Independence St Follow GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $10.25
- Assessment Year: 2023
- School Tax: $1,732
- City/TownTax: $2,649
- City/TownTax Freq: Annually
- County Tax: $1,408
- County Tax Freq: Annually
- Tax w/Assessment: $45,600
- Tax Amount: $5,790
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Bank-owned: Yes
- Lot Number: 238
Listed by HomeSmart Realty Advisors, Sharonn E Thomas-Pope
Sold by Long & Foster Real Estate, Inc., John M DiGennaro
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Schools
Schools serving 30 E Independence St
School District:Shamokin Area School District
| Name | Grades | Distance |
|---|---|---|
Shamokin Area El School 3000 W State St, Coal Township, PA 17866 | PK-4 | 1.6 mi |
Shamokin Area Middle School 2000 W State St, Shamokin, PA 17866 | 7-8 | 1.6 mi |
Shamokin Area High School 2000 W State St, Shamokin, PA 17866 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 30 E Independence St
Date
Details
Price
Change
Source
11/27/2024
Sold
$400,000
11.14%
MLS
7/12/2024
Price Reduced
$359,900
-20%
MLS
5/07/2024
Price Reduced
$449,900
-10%
MLS
2/24/2024
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
30 E Independence Street, Shamokin, PA 17872 (MLS# PANU2001362) is a Apartment property that was sold at $400,000 on November 27, 2024. Want to learn more about 30 E Independence Street? Do you have questions about finding other Apartment real estate for sale in Shamokin? You can browse all Shamokin real estate or contact a Coldwell Banker agent to request more information.
