Current Price:$395,000List Date:4/01/2023Last Modified:9/12/2024
Overview
Description
CALLING INVESTORS!!! Unique opportunity for a multi-unit in the heart of Hazleton. Well located 5-unit building with the possibility for a 6th unit in the basement. Currently four units rented with one just vacated, but when fully occupied monthly rents totaling over $4000 per month. However well under market with a lot of room to grow revenues.
Listing Details MLS# 23-1244
Location, Tax & Legal
Street Number
101
Street Direction Prefix
S
Street Name
Wyoming
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
PIN #
71-T8SW43-004-001-000
DB/Record Book
03021
Page
110271
Total County Assmnt
215900
Est County Tax
1332.02
Est Total Tax
5392
Tax Year
2022
Listing Information
Listing Contract Date
2023-03-31
Limited Service
No
Property Information
Property Sub Type
Multi Family
Building Area Total
7140
Year Built
1930
Est Age Range
76 - 100 Yrs
Parking
On-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None
# Spaces off-Street
0
Remarks Directions
Directions
Broad St. to Wyoming St,, corner of Walnut and Wyoming, house on the left side.
Status Change Information
Purchase Contract Date
2023-04-05
Close Date
2023-06-30
Expenses
Annual Gross Income
50160
Annual Electric Exp
8400
Annual Water Exp
1200
Annual Sewer Exp
1200
Annual Real Est Tax
3900
Total Annl Expenses
18594
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
3894
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
0
More Information
Unit 1 Info
Unit #
Yes
# Rooms
5
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
Y
Approx SF
1100
Monthly Rent
800
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Approx SF
1100
# Rooms
5
Monthly Rent
832
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
3
Approx SF
1100
# Rooms
5
Monthly Rent
832
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
4
Approx SF
1300
# Rooms
6
Monthly Rent
884
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 5 Info
Unit #
5
Approx SF
1100
# Rooms
5
Monthly Rent
832
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Remarks & Directions
Include
Range and stove
Exclude
All tenants' personal belongings.
Hot Sheet Comment
new
Heat Fuel Type
Electric
Yes
Gas
Yes
Interior Finish
Drywall
Yes
Paneling
Yes
Plaster
Yes
Heat Type
Other - See Remarks
Yes
Condition
Good
Yes
AC Type
Window Units
Yes
Water
Public
Yes
Exterior
Aluminum
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Hot Water Heater
Electric
Yes
Basement
Partially Finished
Yes
Property Features
Heat Fuel Type:Electric; GasAC Type:Window UnitsCondition:GoodHot Water Heater:ElectricBasement:Partially Finished
Listing Office:
Keller Williams Real Estate, Kingston