383 1/2 - 391 Lightstreet Rd Multi-Family FOR SALE


Bloomsburg, PA
$1,875,000 USD
570-784-2821
, Bloomsburg, PA for Sale
$1,875,000 USD
Multi-Family - FOR SALE
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383 1/2 - 391 Lightstreet Rd
Bloomsburg, PA


HIGHLIGHTS

  • Located in Bloomsburg’s premier student housing district, just steps from campus.
  • Fully leased assets with consistent rental demand and historical occupancy stability.
  • Three distinct properties delivering diversified income streams within one portfolio.
  • Recent updates, including modern systems and safety features, enhance operational efficiency.
  • Opportunity to expand holdings with additional nearby investment properties available for acquisition.

OVERVIEW

This portfolio of three student housing properties presents an outstanding investment opportunity in the heart of Bloomsburg’s established collegiate rental district. Each property is strategically located within close proximity to Bloomsburg University, ensuring steady occupancy and strong rental demand year after year. The portfolio includes: 383 1/2 Lightstreet Rd: A two-unit residence featuring a 5-bedroom, 2-bath main home and a separate lower-level unit with 2 bedrooms, delivering a combined gross annual income of approximately $50,000. 385 Lightstreet Rd: Recently remodeled in 2018, this 8-bedroom, 3-bath property offers modern features such as gas forced hot air, central air conditioning, a wet sprinkler system, and security system. Historically, this residence generates between $52,000 and $55,000 in gross annual income. 391 Lightstreet Rd: A 9-bedroom, 4-bath home currently leased to a fraternity through the 2026-2027 academic year, producing an estimated gross annual revenue of $66,000. Combined, this portfolio taps into Bloomsburg’s robust student housing ecosystem with proven income performance and strong location fundamentals. With multiple properties under one ownership, investors gain the ability to scale quickly and benefit from dependable cash flow in an enduring market segment.

ASK ABOUT THIS PROPERTY

Samantha CapitaCentury 21 Covered Bridges Realty IncMore Info
570-784-2821

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Samantha CapitaCentury 21 Covered Bridges Realty IncMore Info
570-784-2821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.