Incredible opportunity to own three fraternity/sorority houses just steps from campus! This unique portfolio features four updated units across three properties, offering a total of 24 bedrooms and 10 bathrooms. All units have been recently renovated, minimizing future maintenance and maximizing tenant appeal.
These properties are fully rented for the upcoming school year, with a projected gross income of over $167,000 and an impressive net income of approximately $147,000. A proven performer year after year, this location is in constant demand—Greek life remains strong, and the proximity to campus keeps these units easy to rent with little to no vacancy.
Whether you're expanding your portfolio or looking for a high-yield, low-hassle investment, these properties are true cash cows. With unbeatable location, solid rental history, and strong financials, this is a rare chance to secure prime real estate in a market that --never goes out of style. Call Mike 570-764-1200 or Samantha Capita today 570-764-7355 for your private tour, financials or additional pictures. Also being offered as part of a larger portfolio listed under 20-99628.
For sale
$1,535,000
385 Lightstreet Rd, Bloomsburg, PA 17815
24beds
2,792sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$550/sqft
$-- HOA
What's special
Updated units
- 54 days
- on Zillow |
- 207 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: May 29, 2025 at 01:55pm
Listed by:
SAMANTHA THOMAS CAPITA 570-784-2821,
CENTURY 21 COVERED BRIDGES REALTY 570-784-2821,
Michael P. Capita 570-764-1200,
CENTURY 21 COVERED BRIDGES REALTY
Source: CSVBOR,MLS#: 20-100424
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 11
- Full bathrooms: 10
Heating
- Natural Gas
Features
- Basement: Concrete,Heated,Stone,Walk Out/Daylight
Interior area
- Total structure area: 5,584
- Total interior livable area: 2,792 sqft
- Finished area above ground: 2,792
- Finished area below ground: 1,000
Property
Parking
- Parking features: None
Lot
- Size: 0.29 Acres
- Dimensions: .29
Details
- Parcel number: Multiple
- Zoning: RU
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl, Wood
- Foundation: None
- Roof: Metal,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: 0-None
HOA
- Has HOA: No
Location
- Region: Bloomsburg
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $80,477
- Annual tax amount: $7,259
- Date on market: 5/29/2025
- Exclusions: Tenant possessions
- Loading
- Loading