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383 1/2 - 391 Lightstreet Rd 3 Multifamily Properties Offered at $1,875,000 in Bloomsburg, PA
Investment Highlights
- Located in Bloomsburg’s premier student housing district, just steps from campus.
- Three distinct properties delivering diversified income streams within one portfolio.
- Opportunity to expand holdings with additional nearby investment properties available for acquisition.
- Fully leased assets with consistent rental demand and historical occupancy stability.
- Recent updates, including modern systems and safety features, enhance operational efficiency.
Executive Summary
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.
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.
Property Facts
| Price | $1,875,000 | Number of Properties | 3 |
| Price / SF | $299.95 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 6,251 SF |
| Status | Active | Total Land Area | 0.30 AC |
| Price | $1,875,000 |
| Price / SF | $299.95 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 2 |
| Total Building Size | 6,251 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 383 1/2 Lightstreet Rd, Bloomsburg, PA 17815 | Multifamily | 3,335 SF | 1900 | - |
| 391 Lightstreet Rd, Bloomsburg, PA 17815 | Multifamily | 1,520 SF | 1900 | - |
| 385 Lightstreet Rd, Bloomsburg, PA 17815 | Multifamily | 1,396 SF | 1900 | - |
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383 1/2 - 391 Lightstreet Rd
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