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116 W 7th Street, Hazleton, PA 18201

$345,000
IMG_1571 IMG_1569 IMG_1564 IMG_1565 IMG_1563 IMG_1562 IMG_1568 IMG_1567
Property Type: Residential Income Square Footage: 4,320 Status: Closed
Current Price: $345,000 List Date: 12/06/2024 Last Modified: 4/20/2025

Overview

Description

Discover this well-maintained 4-unit building offering both charm and profitability in a desirable location. With a strong rental history and potential for increased income, this property is perfect for seasoned investors or those just starting their portfolio. Schedule your showing today!!

Listing Details MLS# 24-5942

Location, Tax & Legal

Street Number
116
Street Direction Prefix
W
Street Name
7th
Street Suffix
Street
State
PA
Postal Code
18201
County
Luzerne
MLS Area Major
Hazleton Area
SchoolDistrict
Hazleton
Township
Hazleton City
Subdivision Name
None
Zoning
Residential
PIN #
T8NW3100601A-71
DB/Record Book
3019
Page
199467
Total County Assmnt
129000
Est County Tax
819.15
Est Total Tax
3271.44

Listing Information

Listing Contract Date
2024-12-06
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
4320
Est Age Range
51 - 75 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
Head South on N Church St. Turn L onto W 8th St. Turn R onto Perry Ct. Turn R onto E 7th St. Building is on your left

Status Change Information

Purchase Contract Date
2025-01-13
Close Date
2025-03-20

Expenses

Annual Gross Income
37000
Annual Water Exp
1320
Annual Sewer Exp
2064
Annual Real Est Tax
3271
Total Annl Expenses
6655
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
37000

More Information

Unit 1 Info

Unit #
Yes
# Rooms
3
# Bedrooms
Yes
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
Y
Approx SF
800
Monthly Rent
900
Kitchen Style
Modern
Lease
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
800
# Rooms
6
Monthly Rent
950
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
# Rooms
4
Monthly Rent
900
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
# Rooms
3
Monthly Rent
875
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Remarks & Directions

Exclude
All tenant belongings
Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes
Radiant
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Brick
Yes

Sewer

Public
Yes

Roof

Other - See Remarks
Yes

Hot Water Heater

Gas
Yes

Basement

Full Unfinished
Yes

MF Amenities

Street Lights
Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Radiant AC Type: None Condition: Very Good Exterior: Brick Hot Water Heater: Gas Basement: Full Unfinished
Listing Office: Century 21 Select Group
Listing Agent: Bryanna Gresh
Last Updated: April - 20 - 2025
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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