Current Price:$300,000List Date:2/13/2025Last Modified:2/04/2026
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
House # (1)
103
Street Name
Penn
Street Suffix
Street
City (Post Office)
Kingston
State/Province
PA
Zip Code
18704
County
Luzerne
MLS Area
Kingston-Forty Fort-Swoyersville
School District
Wyoming Valley West
Municipality
Kingston Boro
Develop/Subdivision
None
House # (2)
105
Zoning
Apartment Residential
PIN #
34-G9SE1-012-001-000
DB/Record Book
3005
Page
5795
Total County Assmnt
133800
Est County Tax
846.37
Est Total Tax
3514.46
Tax Year
2024
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
3300
Year Built
1935
Est Age Range
76 - 100 Yrs
Garage Type
None
Parking
On-Street
Garage Stalls
No
# Spaces off-Street
0
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
Under Contract Date
2025-02-28
Sold Date
2025-04-30
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
Anl Net Inc b/4 Debt
9588
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
More Information
Appliances
# Ranges
4
# Refrigerators
4
Unit 1 Info
Unit #
103
Approx SF
825
# Rooms
4
Monthly Rent
680
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
103
Approx SF
825
# Rooms
4
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Monthly Rent
0
Unit 3 Info
Unit #
105
Approx SF
825
# Rooms
4
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Monthly Rent
0
Unit 4 Info
Unit #
105
Approx SF
825
# Rooms
4
Monthly Rent
725
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Remarks & Directions
Include
4 Refrigerator, 4 Stoves
Exclude
Tenants personal belongings
Hot Sheet Comment
new
Showing Instructions
Contact Showing Service - See Remarks
Yes
Other - See Remarks
Yes
Heat Fuel Type
Gas
Yes
Interior Finish
Drywall
Yes
Paneling
Yes
Plaster
Yes
Heat Type
Hot Water Baseboard
Yes
Condition
Fair
Yes
AC Type
None
Yes
Water
Public
Yes
Exterior
Vinyl
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Hot Water Heater
Electric
Yes
Basement
Concrete Floor
Yes
Full Unfinished
Yes
MF Amenities
Porch
Yes
Street Lights
Yes
Property Features
Showing Instructions:Contact Showing Service - See Remarks; Other - See RemarksHeat Fuel Type:GasHeat Type:Hot Water BaseboardAC Type:NoneCondition:FairExterior:VinylRoof:Comp ShingleInterior Finish:Drywall; Paneling; PlasterWater:PublicSewer:PublicHot Water Heater:ElectricBasement:Concrete Floor; Full UnfinishedMF Amenities:Porch; Street Lights