Current Price:$274,900List Date:1/06/2021Last Modified:7/25/2026
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
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
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
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
Property Features
Heat Fuel Type:ElectricHeat Type:Electric Baseboard; Forced AirAC Type:Other - See RemarksCondition:Very GoodExterior:Block; Brick; VinylRoof:Rolled; RubberInterior Finish:DrywallWater:PublicSewer:PublicHot Water Heater:GasBasement:Concrete Floor; Full Unfinished