This functional 3-unit multi-family property offers incredible invstment potential!

Located at 601 and 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 alikelive 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!

Request Information
on 601-603 Third St
in Towanda, PA
Presented by Shannon Clark at
Century 21 Jackson Real Estate - Towanda.


Property MLS #31718564 from NMPAMLS
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 1 / 1 / 1
Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Forced Air, Natural Gas

+ Other Rooms

Basement Description: Concrete Floor, Dirt Floor, Unfinished

+ Land Info

Lot Size Acres: 0.13
Topography: Cleared
Lot Size Square Feet: 5663

+ Garage and Parking

Garage Description: Street Parking
Parking Features: On Premises

+ Exterior and Lot Features

Roads: Paved, Street Lights

+ Multi-Unit Info

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 4
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 7
Unit-1 Square Feet: 794
Unit-2 Square Feet: 794
Unit-3 Square Feet: 1800
Unit 1 Total Actual Rent: 600
Unit 2 Total Actual Rent: 600
Unit 3 Total Actual Rent: 850

+ School Information

School District: Towanda Area
+ Display Complete School Details

Towanda Area El School is a public elementary school located approximately 0.4 miles away.
Map directions

Towanda Area Junior-Senior High School is a public middle and high school located approximately 0.6 miles away.
Map directions

St Agnes School is a private elementary school located approximately 0.4 miles away.
Map directions

+ Homeowners Association

Pets Allowed: Yes

+ Other Property Info

Annual Tax Amount: 3085.38
Source Listing Status: Pending
County: Bradford
Directions: From Main St Towanda, Turn up Elizabeth St (By Post Office) turn left onto Third St, houses are on the left.
Tax Year: 2024
Source Property Type: Residential Income
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Zoning: R-1 Residential
Flood Plain: No
Property Features: In Town
Property Subtype: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-06-10
$115000
NMPAMLS

+ Utilities

Electric: 100 Amp Service, Circuit Breakers
Sewer: Public Sewer
Water Source: Public

+ Building and Construction

Year Built: 1896
Above Grade Finished Area: 3388
Building Exterior Type: Brick Veneer
Foundation Details: Stone
Property Age: 128
Roof: Shingle
Levels or Stories: 2.00
House Style: 1.5 Story, 2 Story
Total Above Grade Sqft Area: 3388
Total Below Grade Area: 1090