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Stabilized 5-Unit in Lewistown – 16% Cap, $1K+ Monthly Net

175000

Lewistown

OFF MARKET / ASSIGNMENT OF CONTRACT

Property Details

Property Type

Multi Family- 5 Unit

Location

Deal type

Lewistown

🏘️ 128 Valley Street, Lewistown, PA 17044
Stabilized 5-Unit | Asking: $175,000 | Over $1,000/Month Net Cash Flow

🔑 Deal Summary
Purchase Price: $175,000

Units: 5 (1 Efficiency, 1 Bed, Three 2 Bed/1 Bath)

Price Per Door: $35,000

Cap Rate: 16.25%

Projected Cash-on-Cash Return: 38.3%

Lease Type: Month-to-month

Net Monthly Cash Flow: $1,000+ (after reserves & maintenance)

📍 Location
Lewistown is a workforce-driven town in Central PA—1 hour to Harrisburg, 1 hour to State College, and 2.5 hours to Philadelphia. With employers like Geisinger and strong rental demand, this submarket still offers solid returns where others don’t.

🔧 Condition & Opportunity
This property is fully rented and turnkey, but includes a capital improvement estimate for those wanting to maximize efficiency and long-term performance.
Cosmetic upgrades and garage monetization offer real upside potential.

Tenants pay electric and heat

Landlord pays water, sewer, trash

No major repairs needed to operate today

Estimate includes optional upgrades to further improve performance

🔗 Property Packet & Deal Files
Click on link >>>>

🧰 Investor Resources Available
Not based near Lewistown? No problem.
We can connect you with trusted property management, contractors, and boots-on-the-ground support to make ownership seamless—even from a distance.

Contact Us

Team: 484-791-6200

Office: 610-321-3730

Make Money in Real Estate | Investment Property Experts | Your Trusted Investor-Agent Team | The Morrow Wargo Group

The Morrow-Wargo Group

Realty ONE Group Supreme

1495 Valley Center Parkway 

Suite 300

Bethlehem, PA  18017

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