NOT LISTED FOR SALE

601 3rd St Towanda, PA 18848

8 Beds
3 Baths
3,388 Sq Ft
5,663 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $115,000 $34 Per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Towanda Borough Rec Board
  • Brick Veneer

About This Home

As of August 2024

This functional 3-unit multi-family property offers incredible investment potential! Located at 601 & 603 Third St, this opportunity features a charming 1,800 sq ft single-family Cape Cod home with 4 bedrooms and 1 bath, renting for $850/month. Next door, a two-story duplex, each unit with 2 bedrooms and 1 bath, rents for $600/month per unit. Tenants cover their own heat (natural gas) and electric, while the landlord handles water and sewer per Towanda Boro Ordinance. This setup provides an ideal scenario for first-time homebuyers and investors alike—live in one unit and let the rental income cover your mortgage. With a steady cash flow and desirable location, this property is your gateway to smart real estate investment. Invest in your future 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: 06/10/2024

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: 06/10/2024

Century 21 Jackson Real Estate - Towanda

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56 x 100
  • Cleared Lot

Home Design

  • Brick Veneer
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,388 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Dirt Floor

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $2,050

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 56 x 100
  • Road Frontage Type: Street Lights
  • Road Surface Type: Paved
  • Directions: From Main St Towanda, Turn up Elizabeth St (By Post Office) turn left onto Third St, houses are on the left.
  • Above Grade Finished Sq Ft: 3388
  • Architectural Style: Multi-Family
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half, Two
  • Building Stories: 2
  • Year Built: 1896
  • Attribution Contact: 5702652100, Century21JacksonRealEstate@Century21.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Concrete, Dirt Floor, Unfinished
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: In Town
  • Topography: Cleared
  • Disclosures: Disclosure Form
  • Construction Type: Brick Veneer
  • Foundation Details: Stone
  • Other Structures: None
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service,Circuit Breakers, Penelec
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: Natural Gas/ Valley Energ

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Towanda Area

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Farm Land Area Units: Square Feet
  • Zoning Description: R-1 Residential
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Yearly

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2050
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3085.38
  • Tax Map Number: 47-086.06-096-000-000
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $115,000 0.0% $34 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $115,000 -- $34 / Sq Ft
Source: North Central Penn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 31718564