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
Street Number
101
Street Direction Prefix
E
Street Name
Broad
Street Suffix
Street
State
PA
Postal Code
18201
County
Luzerne
MLS Area Major
Hazleton Area
SchoolDistrict
Hazleton
Township
Hazleton City
Subdivision Name
None
Zoning
Commercial
DB/Record Book
3006
Listing Information
Listing Contract Date
2021-01-01
Limited Service
No
Property Information
Property Sub Type
Multi Family
Building Area Total
4032
Est Age Range
51 - 75 Yrs
Parking
On-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Remarks Directions
Directions
Corner of Pine & East Broad St. (route 93).
Status Change Information
Purchase Contract Date
2021-01-27
Close Date
2021-06-11
Close Price
265000
Expenses
Annual Gross Income
40800
Annual Electric Exp
220
Annual Water Exp
1800
Annual Sewer Exp
2064
Annual Real Est Tax
2411
Total Annl Expenses
8985
Annual Fire/Liabilty
1850
Annual Lawn Maint.
0
Anl Net Inc b/4 Debt
31815
More Information
Appliances
# Ranges
3
# Refrigerators
3
Unit 1 Info
Unit #
Yes
# Rooms
5
# Bedrooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
3
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
4
Water in Rent
N
Sewer in Rent
Y
Remarks & Directions
Hot Sheet Comment
new
Interior Finish
Drywall
Yes
Heat Type
Electric Baseboard
Yes
Forced Air
Yes
Water
Public
Yes
Sewer
Public
Yes
Roof
Rolled
Yes
Rubber
Yes
Basement
Concrete Floor
Yes
Property Features
Heat Fuel Type:ElectricAC Type:Other - See RemarksCondition:Very GoodExterior:Block; Brick; VinylHot Water Heater:GasBasement:Full Unfinished