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: 7/25/2026

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
Zoning: Apartment Residential
DB/Record Book: 3020

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
Close Price: 780000

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 Fire/Liabilty: 3208
Annual Lawn Maint.: 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
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Water in Rent: Y
Sewer in Rent: Y

Unit 7 Info

Unit #: 7
Water in Rent: Y
Sewer in Rent: Y

Unit 8 Info

Unit #: 8
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
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Hot Sheet Comment: price

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Electric Baseboard: Yes
Steam: Yes

Water

Public: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Unit 10 Info

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: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing