122 2nd Avenue, Kingston, PA 18704 (MLS# 23-2152)

122 2nd Avenue, Kingston, PA 18704

$840,000

Property Type: Residential Income Square Footage: 7,400 Status: Closed

Current Price: $840,000 List Date: 5/22/2023 Last Modified: 9/12/2024

Overview

Description

Great investment opportunity in Kingston. 6 units in each building, totaling 12 units. 8.5% CAP.

Listing Details MLS# 23-2152

Location, Tax & Legal

Street Number: 122
Street Name: 2nd
Street Suffix: Avenue
State: PA
Postal Code: 18704
County: Luzerne
MLS Area Major: Kingston-Forty Fort-Swoyersville
SchoolDistrict: Wyoming Valley West
Township: Kingston Boro
Subdivision Name: None
House # (2): 124
Zoning: Apartment Residential
PIN #: H9NE3002007-34 & H9NE3002008-34
DB/Record Book: 3020
Page: 269053
Total County Assmnt: 342400
Est County Tax: 2175.64
Est Total Tax: 8879.83

Listing Information

Listing Contract Date: 2023-05-22

Property Information

Property Sub Type: Multi Family
Building Area Total: 7400
Est Age Range: 76 - 100 Yrs
Parking: On-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: Market St to L on 2nd Ave.

Status Change Information

Purchase Contract Date: 2023-06-11
Close Date: 2023-08-22

Expenses

Annual Gross Income: 113700
Annual Gas Exp: 8400
Annual Water Exp: 6930
Annual Sewer Exp: 3015
Annual Garbage Remvl: 3210
Annual Real Est Tax: 8820
Total Annl Expenses: 33643
Annual Electric Exp: 0
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 3208
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 80057

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 3
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 600
Monthly Rent: 700
Kitchen Style: Semi-Modern
Lease: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 600
# Rooms: 3
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 3 Info

Unit #: 3
Approx SF: 700
# Rooms: 4
Monthly Rent: 825
# Bedrooms: 2
Kitchen Style: Semi-Modern
# 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 4 Info

Unit #: 4
Approx SF: 600
# Rooms: 3
Monthly Rent: 800
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 600
# Rooms: 3
Monthly Rent: 725
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 6 Info

Unit #: 6
Approx SF: 600
# Rooms: 3
Monthly Rent: 900
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 7 Info

Unit #: 7
Approx SF: 600
# Rooms: 3
Monthly Rent: 850
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 8 Info

Unit #: 8
Approx SF: 600
# Rooms: 3
Monthly Rent: 550
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 9 Info

Approx SF: 600
Monthly Rent: 700
Kitchen Style: Semi-Modern
Lease: N
Electric in Rent: N
Unit #: 9
# Rooms: 3
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: Kitchen Appliances
Hot Sheet Comment: price

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Electric Baseboard: Yes
Steam: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes
Wood: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes
Gas: Yes

Basement

Full Unfinished: Yes

Unit 10 Info

Unit #: 10
Approx SF: 600
# Rooms: 3
Monthly Rent: 850
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Good Exterior: Vinyl; Wood Hot Water Heater: Electric; Gas Basement: Full Unfinished

Listing Office: Classic Properties Kingston

Listing Agent: Charles Kasko

Last Updated: September - 12 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing