101 E Broad Street, Hazleton, PA 18201 (MLS# 21-34)

101 E Broad Street, Hazleton, PA 18201

$274,900

Property Type: Residential Income Square Footage: 4,032 Status: Closed

Current Price: $274,900 List Date: 1/06/2021 Last Modified: 9/11/2024

Overview

Description

Perfect downtown 4 unit investment. 3 apartments and a established restaurant. Fully leased with long term tenants. Totally renovated exterior and interior over past 12 years. 3 BR, 2 BR and 1 BR unit. Tenants pay heat and electric. Restaurant pays everything except sewer. High visable corner with traffic light. Ductless A/C in restaurant 11.6% Cap Rate. See additional photos on MLS 21-4.

Listing Details MLS# 21-34

Location, Tax & Legal

House # (1): 101
Street Direction Pfx: E
Street Name: Broad
Street Suffix: Street
City (Post Office): Hazleton
State/Province: PA
Zip Code: 18201
County: Luzerne
MLS Area: Hazleton Area
School District: Hazleton
Municipality: Hazleton City
Develop/Subdivision: None
Zoning: Commercial
PIN #: 71-T8SW31-013-29A
DB/Record Book: 3006
Page: 66099
Total County Assmnt: 99400
Est County Tax: 613.26
Est Total Tax: 2410.8
Tax Year: 2020

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 4032
Est Age Range: 51 - 75 Yrs
Parking: On-Street
Garage Stalls: No

Remarks Directions

Directions: Corner of Pine & East Broad St. (route 93).

Status Change Information

Under Contract Date: 2021-01-27
Sold Date: 2021-06-11

Expenses

Annual Gross Income: 40800
Annual Electric Exp: 220
Annual Water Exp: 1800
Annual Sewer Exp: 2064
Annual Real Est Tax: 2411
Annual Fire/Liabilty: 1850
Total Annl Expenses: 8985
Anl Net Inc b/4 Debt: 31815
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 3
# Refrigerators: 3

Unit 1 Info

Unit #: Yes
Approx SF: 900
# Rooms: 5
Monthly Rent: 750
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 650
# Rooms: 4
Monthly Rent: 700
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 450
# Rooms: 3
Monthly Rent: 550
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 2000
# Rooms: 2
Monthly Rent: 1400
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Remarks & Directions

Include: 3 ranges & 3 refrigerators. Ansul system in restaurant
Exclude: All restaurant equipment, tables, chairs, and furnishings.
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes
Forced Air: Yes

Condition

Very Good: Yes

AC Type

Other - See Remarks: Yes

Water

Public: Yes

Exterior

Block: Yes
Brick: Yes
Vinyl: Yes

Sewer

Public: Yes

Roof

Rolled: Yes
Rubber: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard; Forced Air AC Type: Other - See Remarks Condition: Very Good Exterior: Block; Brick; Vinyl Roof: Rolled; Rubber Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished

Listing Office: BrokersRealty.Com

Listing Agent: Gordon Schneider

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

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MLS Listing