Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

170 Valley St, Lewistown, PA, 17044

8beds
--baths
0sqft
$475,000
--price/sqft
$3,354/moest. monthly cost
$134,160/yrincome needed

About This Home

Investor Alert – 3 Properties, 7+ Units, Massive Upside in Lewistown Monthly NOI $9433  to $5834 Annual NOI $113,196 to $70,008 Cap Rate once stabilized 23.8% 14.7% Opportunities like this don’t come around often. This unique package includes three adjoining properties offering a mix of stabilized income, value-add potential, and significant upside. 170 Valley St – 5 Unit Building (Partially Stabilized) Recently renovated with strong in-place income. Unit mix includes 1 one-bedroom, 2 two-bedrooms, 1 three-bedroom, and 1 four-bedroom unit. Three units are freshly rented. Multiple units have been updated on the interior. Exterior improvements include a new front window and fresh paint, improving curb appeal. Some photos show units mid-renovation, but the finished units show very well. 12 S Spruce St – Blank Slate with Strong Upside Potential Lower level features an open layout suitable for commercial or office use. Upper level is open and can be used for storage, apartment conversion, or expansion. There is strong potential to convert this building into a 12-unit rooming house, with high demand driven by the nearby hospital and medical training facilities. Approvals for this type of use are readily attainable, making this a prime repositioning opportunity. 14 S Spruce St – 2 Unit Value-Add Opportunity Includes a 1-bedroom and a 2-bedroom unit. Property requires full renovation and offers the ability to add significant value and increase future cash flow. This portfolio presents multiple strategies for investors: stabilize and hold for cash flow, renovate and increase rents, or reposition for higher-density use. In a market where true deals are hard to find, this is a rare opportunity with scale and upside. Offered at $475,000.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

7/10
Lewistown Intrmd SchoolGrades 4-50.6 mi
3/10
Mifflin Co MsGrades 6-70.7 mi
4/10
Mifflin Co High SchoolGrades 10-121.1 mi

Construction

Materials

  • Foundation: Permanent
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 8

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04 ,020100,000
  • Zoning: ARMAGH TWP
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 4,287 sqft
  • Lot size dimensions: Area 397 meters2, 4278 feet2 0.10 acres 0.000 miles2 0.000 km2 Perimeter 76.2 meters , 250.0 feet 0.047 miles 0.076 km

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes