232 S Diamond St, Shamokin, PA 17872
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
232 S Diamond St,Shamokin, PA 17872
$550,000
- 24 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eugene prentice
Office: exp realty, llc.
MLS#:PANU2003188
Source:BRIGHTMLS
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Price summary
- Price:$550,000
About this home
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)!...
Contact an agent
Home facts
- Year built:1917
- Listing ID #:PANU2003188
- Added:85 day(s) ago
- Updated:August 10, 2026 at 06:03 AM
Rooms and interior
- Bedrooms:24
- Rooms Total:86
- Kitchen Description:Breakfast Area, Oven/Range - Electric, Pantry, Refrigerator
- Basement:Yes
- Basement Description:Fully Finished, Improved, Interior Access, Outside Entrance, Partially Finished, Poured Concrete, Rear Entrance, Shelving, Side Entrance, Space For Rooms, Unfinished, Windows, Workshop
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit, Window Unit(s), Zoned
- Heating:Baseboard - Electric, Electric, Wood, Wood Burn Stove, Zoned
Structure and exterior
- Year built:1917
- Lot Features:Additional Lot(s), Adjoins - Open Space, Adjoins - Public Land, Backs to Trees, Fishing Available, Flood Plain, Front Yard, Hunting Available, Partly Wooded, Private, Rear Yard, Rural, SideYard(s), Stream/Creek, Trees/Wooded, Vegetation Planting, Year Round Access
- Construction Materials:Masonry, Vinyl Siding
- Exterior Features:Balcony, Boat Storage, Deck(s), Exterior Lighting, Outbuilding(s), Patio(s), Play Area, Porch(es), Private Beach, Secure Storage
- Foundation Description:Permanent
Utilities
- Water:Private, Public
- Sewer:Private Septic Tank, Public Sewer
Finances and disclosures
- Price:$550,000
- Tax amount:$8,167 (2025)
Features and amenities
- Amenities:100 Amp Service, 200+ Amp Service, Attic, Electric_110 Volts
Parking
- Parking description:Asphalt Driveway, Covered Parking, Crushed Stone, Detached Garage, Dirt Driveway, Garage - Front Entry, Garage - Side Entry, Gravel Driveway, Off Site, Off Street, On Street, Oversized, Parking Garage, Private, Public, Secure Parking, Shared Driveway
- Garage:Yes
- Garage spaces:12
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