Auction Information
4 UNIT APARTMENT, EXCELLENT RENTAL INVESTMENT
4 UNIT APARTMENT, EXCELLENT RENTAL INVESTMENT
Real Estate Auction
401 Water Street
Danville, PA 17821
Danville Boro, Montour County
SATURDAY, SEPTEMBER 2ND 12:00PM
(Auction held on site)
3 Units in 1 Building
1 Unit Above Garage (Possible Additional Rental Income from Garage)
Net Income Average $19,000-$20,000 Per Year
Excellent Investment
Currently Rented with Great Rental History
Public Water and Sewer
A Great Property to Add to Your Investment Portfolio
PROPERTY DETAILS:
Address: 401 Water Street, Danville, PA 17821
County: Montour
Township: Danville Boro
School District: Danville
Deed: 385/1537
Parcel(s): 11-88-122
Taxes: $2,014.00
Income: Net Income average of $19,000-$20,000 annually
Age: Built in 1896
Total Area: 2,304 sq.ft.
Units: 3 Units in main house, 1 Unit above garage
Utilities: Units have separate utilities; tenants are responsible for paying gas, electric and ...
Utilities: Units have separate utilities; tenants are responsible for paying gas, electric and trash removal; owner pays water and sewer
Inspection: All units have been inspected by Danville Borough and are in compliance
Parking: Off-street
Roof: Replaced on main house in 2015
Heating: Gas heat
Water: Public
Sewer: Public
Electric: Electric services for each unit upgraded in 2012
Garage: Large Garage currently used for storage by current owner but could be an additional source of rental income
UNIT 1 DETAILS:
401 Water Street
Rent $850 - Currently Unoccupied
3 Bedrooms
1.5 Bathrooms
Gas hot water heat
200 amp electric service
Washer/Dryer hookups
Refrigerator and Stove
Replacement windows
New carpet and paint
UNIT 2 DETAILS:
2 Cedar Street Upstairs
Rent $625
1 Bedroom
1 Bathroom
Gas hot water heat
100 amp electric service
Refrigerator and Stove
Replacement windows
UNIT 3 DETAILS:
2 Cedar Street Downstairs
Rent $425
1 Bedroom
1 Bathroom
Gas hot water heat
100 amp electric service
Refrigerator and Stove
Replacement windows in garage and are included in sale
UNIT 4 DETAILS:
6 Cedar Street (Above Garage)
Rent $725
32'x28'
2 Bedrooms
1 Bathroom
Gas forced air heat
100 amp electric service
Washer/Dryer (stacked unit purchased in 2016)
Refrigerator and Stove
Registration: Any time or day prior to start of Auction on September 2, 2017 at 12:00 pm.
Terms and Conditions: To be sold under owners immediate confirmation. $15,000 down in the form of cash, cashier or certified check, Dustin C. Snyder Escrow Account.
Contract: The successful high bidder will be required to sign a contract of sale immediately upon the conclusion of the auction with the deposit acting as a down payment. 2% paid by buyer.
Closing: Closing on or before 60 days.
Disclaimer: All information regarding the property for sale is from reliable sources, but no warranty is made by the Seller or Auctioneer. Sold with clean clear title. All information conveyed at auction takes precedence over written and verbal previous information.
Financing Available: Please contact a bank of your choice or contact Ag Choice Farm Credit at 570-524-2204.
Dustin C. Snyder
529 North State Street Millville, PA 17846
570.546.2231 570.441.9357
License #AY-002123
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Research Parcel InformationDirections
Directions: From Danville at Route 11 and Route 54 intersection, travel Route 54 E towards Riverside. Turn left onto W. Front Street, continue a short distance and turn right onto Cedar Street. Turn left onto Water Street and the property will be located on the left. Please watch for auction signs.