NOT LISTED FOR SALE

521 2nd St Towanda, PA 18848

Estimated Value: $87,000 - $118,000

4 Beds
2 Baths
1,778 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $90,000 $51 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $723/month

36 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Towanda Borough Rec Board
  • Window Unit Cooling System
  • Lot Has A Rolling Slope

About This Home

As of December 2024

Investment Opportunity with Cash Flow! Ready to start or grow your real estate portfolio? This 2-3 unit apartment building is the perfect chance to break into the market! Featuring two fully-rented units, each with 2 bedrooms and 1 bath, where tenants pay their own utilities (separate meters for convenience). Plus, there's a third apartment just waiting for your remodel to add more equity and value to this property. Live in one unit and rent the others for extra savings or maximize your investment by renting all three. With a spacious yard and convenient on-street parking, this property is a prime opportunity for savvy investors! Don't miss out—start generating cash flow today!

Last Agent to Sell the Property

Shannon Clark

Century 21 Jackson Real Estate - Towanda Brokerage Email: 5702652100, Century21JacksonRealEstate@Century21.com License #RS297864 Listed on: 10/29/2024

Century 21 Jackson Real Estate - Towanda

Last Buyer's Agent

Shannon Clark

Century 21 Jackson Real Estate - Towanda Brokerage Email: 5702652100, Century21JacksonRealEstate@Century21.com License #RS297864 Listed on: 10/29/2024

Century 21 Jackson Real Estate - Towanda

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 90 x 80
  • Lot Has A Rolling Slope

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,778 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $1,200

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Lot Size: 90 x 80
  • Road Frontage Type: Sidewalks
  • Road Surface Type: Paved
  • Directions: From Main St, Towanda, turn onto Elizabeth St (Post Office). Turn Right onto Second St, and the property will be on the Right. (it is between Elizabeth & Bridge St- one way st).
  • Above Grade Finished Sq Ft: 1778
  • Architectural Style: Multi-Family
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 3
  • Year Built: 1896
  • Attribution Contact: 5702652100, Century21JacksonRealEstate@Century21.com
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Has Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: In Town
  • Topography: Level,Sloping
  • Disclosures: Disclosure Form
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Other Structures: None
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Penelec
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: Natural Gas/Valley Energy

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Towanda Area

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Farm Land Area Units: Square Feet
  • Zoning Description: R2
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Month-To-Month

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1200
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Tax Info

  • Tax Annual Amount: 2625.95
  • Tax Map Number: 48-086.06-030-000 000
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Jul 4, 2022
Sold by
Evans Steven A
Bought by
Vanderpool Tyler Lee
Seller's Agent
Andrea Gentile
Coldwell Banker Town & Country - Towanda
Buyer's Agent
Lorrie Williams
Coldwell Banker Town & Country - Towanda
List Price
$109,000
Sold Price
$78,000
Premium/Discount to List
-$31,000
-28.44%
Current Estimated Value
$95,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,776
Avg. Annual Appreciation
6.03%
Original Mortgage
$62,400
Outstanding Balance
$52,355
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$44,797

Purchase Details

Closed on
Nov 13, 2019
Sold by
Evans Steven A and Evans Diana L
Bought by
Evans Steven A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vanderpool Tyler Lee $78,000 First Abstract Agency
Evans Steven A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderpool Tyler Lee $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Sold $90,000 -9.1% $51 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $99,000 0.0% $56 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $99,000 +26.9% $56 / Sq Ft
06/24/2022 06/24/22 Sold $78,000 -28.4% $117 / Sq Ft View Prior Sale
05/25/2022 05/25/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $109,000 -- $163 / Sq Ft
Source: North Central Penn Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,626 $31,150 $0 $0
2024 $2,579 $31,150 $0 $0
2023 $2,579 $31,150 $0 $0
2022 $2,501 $31,150 $0 $0
2021 $2,501 $31,150 $0 $0
2020 $2,470 $31,150 $0 $0
2019 $2,423 $31,150 $0 $0
2018 $2,270 $31,150 $0 $0
2017 $2,283 $31,150 $0 $0
2016 -- $31,150 $0 $0
2015 -- $31,150 $0 $0
2014 $1,158 $31,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 31720462

APN: 47-086.06-030-000-000

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