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103 Penn Street, Kingston, PA 18704

$300,000
Front Right side 103 Left side 105 Left rear side view Corner lot 103 Rear Unit - living room Living room Kitchen Kitchen Do not attempt access from inside 105 Front unit -Living room Living room Kitchen Kitchen Full bath Full bath Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 2 Bedroom 2 Gas meters Unit 105 Rear boiler Unit 105 Electric panel Unit 105 water heater Unit 105 Rear - Kitchen Living room Full bath Full bath Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 2 105 Read Boiler Water heater Electric panel Side entrance for 105 units Rear Rear/yard Rear
Property Type: Residential Income Square Footage: 3,300 Status: Closed
Current Price: $300,000 List Date: 2/13/2025 Last Modified: 7/25/2026

Overview

Description

Great opportunity for investors! The property consists of four units, each with two bedrooms tenants pay gas and electric. Currently, two are occupied, with below-market rents. Vacant units require some TLC to maximize your rental income. Don't miss out on this investment that has solid cash flow potential and room for growth!

Listing Details MLS# 25-665

Location, Tax & Legal

Street Number
103
Street Name
Penn
Street Suffix
Street
State
PA
Postal Code
18704
County
Luzerne
MLS Area Major
Kingston-Forty Fort-Swoyersville
SchoolDistrict
Wyoming Valley West
Township
Kingston Boro
Subdivision Name
None
Zoning
Apartment Residential
DB/Record Book
3005

Listing Information

Listing Contract Date
2025-02-13
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
3300
Year Built
1935
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

Remarks Directions

Directions
From Main St. Luzerne, take Courtdale Ave., Left on W. Courtright St. right onto Grove, Left on Penn St. Property is on left corner of Penn & Korn

Status Change Information

Purchase Contract Date
2025-02-28
Close Date
2025-04-30
Close Price
280000

Expenses

Annual Gross Income
9588
Annual Water Exp
960
Annual Sewer Exp
918
Annual Real Est Tax
3515
Annual Flood Ins
1200
Total Annl Expenses
5633
Annual Fire/Liabilty
0
Annual Lawn Maint.
0
Anl Net Inc b/4 Debt
9588

More Information

Appliances

# Ranges
4
# Refrigerators
4

Unit 1 Info

Unit #
103
# Rooms
4
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
103
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
105
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
105
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
new

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Water

Public
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Concrete Floor
Yes

MF Amenities

Porch
Yes
Street Lights
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Fair Exterior: Vinyl Hot Water Heater: Electric Basement: Full Unfinished
Listing Office: Wychock Real Estate, LLC
Listing Agent: Annamarie Conover
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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