53 W Main St Bloomsburg, PA 17815
Estimated payment $11,567/month
About This Home
An exceptional investment opportunity awaits at the corner of Market & Main Streets in downtown Bloomsburg! Easily one of the most beautiful multi-unit buildings in town, this property stands out with its striking architecture and premium interior finishes. Featuring a mix of university students and young professionals, this property is designed for high rental demand. The planned gross annual income is an impressive $219,500, with a long-term commercial tenant occupying the first floor. Each apartment offers upscale features, including hardwood floors, tile accents, and loft-style layouts that elevate the living experience. Most units come fully furnished with sofas, TVs, beds, and dressers, making them move-in ready. Central A/C runs throughout the building, with separate utilities ensuring tenants cover their own expenses.
With its prime location, timeless appeal, and strong rental history, this is an investment opportunity you won't want to miss. Schedule a showing today! Listing agents: Mike Capita 570-764-1200 or Samantha Capita 570-764-7355
Listing Agent
CENTURY 21 COVERED BRIDGES REALTY License #AB069658 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,562
Year Built
- Built in 1900
Home Design
- 18,927 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Rubber Roof
- Stone
Bedrooms and Bathrooms
- 51 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Additional Features
- 6,534 Sq Ft Lot
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 05W05 03900
Community Details
Overview
- 12 Units
Building Details
- Insurance Expense $10,000
- Maintenance Expense $10,000
- Water Sewer Expense $8,000
- Operating Expense $33,000
- Gross Income $219,500
- Net Operating Income $219,500
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,562 | $128,179 | $0 | $0 |
| 2024 | $11,370 | $128,179 | $6,754 | $121,425 |
| 2023 | $10,537 | $128,179 | $6,754 | $121,425 |
| 2022 | $10,155 | $128,179 | $6,754 | $121,425 |
| 2021 | $9,939 | $128,179 | $6,754 | $121,425 |
| 2020 | $9,529 | $128,179 | $6,754 | $121,425 |
| 2019 | $9,370 | $128,179 | $6,754 | $121,425 |
| 2018 | $9,151 | $128,179 | $6,754 | $121,425 |
| 2017 | $8,685 | $128,179 | $6,754 | $121,425 |
| 2016 | -- | $128,179 | $6,754 | $121,425 |
| 2015 | -- | $128,179 | $6,754 | $121,425 |
| 2014 | -- | $128,179 | $6,754 | $121,425 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Off Market | $1,990,000 | -- | -- |
| 09/10/2025 09/10/25 | Price Changed | $1,990,000 | 0.0% | $105 / Sq Ft |
| 09/10/2025 09/10/25 | For Sale | $1,990,000 | -11.6% | $105 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $2,250,000 | -8.2% | $119 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $2,450,000 | -2.0% | $129 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $2,499,000 | -2.8% | $132 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $2,570,000 | -- | $136 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $2,888,989 | Exact Abstract | |
| Deed | $501,180 | None Available | |
| Deed | $300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $200,000 | Credit Line Revolving | |
| Open | $6,331,207 | Commercial | |
| Closed | $1,620,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $2,290,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $50,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,500,000 | Future Advance Clause Open End Mortgage |
Source: Central Susquehanna Valley Board of REALTORS® MLS
MLS Number: 20-99391
APN: 05W-05-039-00-000
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