Current Price:$300,000List Date:2/13/2025Last 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 RemarksHeat Fuel Type:GasHeat Type:Hot Water BaseboardAC Type:NoneCondition:FairExterior:VinylHot Water Heater:ElectricBasement:Full Unfinished