232 S DIAMOND ST, Shamokin, PA 17872
- Sqft
- 14,778
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
Attention Investors:
This 12-property portfolio is seeking new owners. Properties are situated in Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies. The majority of occupied properties are month-to-month leases, with tenants responsible for utilities, facilitating a smooth transition for new owners.
Undervalued rents present substantial potential within this portfolio. The current owner assumes responsibility for sewer and tax payments, resulting in annual expenses of $16,776. Annual rents amount to $65,520(Potential Annual Rents $149,160), generating a cash flow of $48,744.
Eight properties are currently occupied, six of which are month-to-month leases. Two longer-term leases conclude in December 2026, leaving four vacant properties that can be rented for premium rates upon renovation.
This portfolio presents a confluence of favorable factors: a motivated seller, undervalued rents, vacant properties, and opportunities for growth and improvements. With the appropriate strategy, this portfolio can transform into a highly lucrative asset.
Currently, the portfolio offers a 6.6% Cap Rate. By increasing rents to market rates, it can provide for a lifetime of income. Schedule a showing to make this portfolio yours.
This portfolio consists of **815 E Webster St Shamokin PA(3B 1B $900).... **918 Race St Shamokin PA(3B 1.5B Owner Occupied).... **35 Hibridge Cir Lewistown PA(3B 1B Vacant).... **6 & 28 S Franklin St Shamokin PA(2B 1B Each $625 & $600).... **513 W Mulberry St Shamokin PA(3B 1B $650 Additional Lot).... **135 E Arch St Shamokin PA(3B 1B $650).... **123 N Grant St Shamokin PA(4B 1B Vacant).... **212 E Snyder Ave Lansford PA(2B 1B $625).... **444 Kreamer Ave Sunbury PA(4B 1B $910).... **4685 Upper Rd Shamokin PA(3B 1B Vacant).... and 34 N Rock St Shamokin PA(5 Garage Bays $500)!
Location
Full feature list
Basic info
- Property type
- Other residential
- Square feet
- 14,778
- Lot size (acres)
- 3.68
- Year built
- 1917
Interior features
- Basement
- Yes, Partially finished
- Fireplaces
- 1
Garage and parking
- Garage parking spaces
- 12
Utilities
- Heating
- Other, Wood, Electric
- Cooling
- Ceiling Fans, Other, Window Units, Zoned
- Sewer
- Public Sewer
- Water
- Public Water, Private
Taxes
- Tax Annual Amount (2025)
- $8,167
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: PANU2003188 Last checked: …

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