123 S Main Street, Wilkes-Barre, PA 18701 (MLS# 16-2242)

123 S Main Street, Wilkes-Barre, PA 18701

$210,000

Property Type: Residential Income Square Footage: 7,578 Status: Closed

Current Price: $210,000 List Date: 6/29/2017 Last Modified: 9/11/2024

Overview

Description

Great rate of return! This fully rented 6 unit in the heart of downtown/campus area features new electrical, plumbing including new hot water heaters and roof within past 4 years. Coin operated laundry, 1200SF storage and several parking spaces make it worth a look!

Listing Details MLS# 16-2242

Location, Tax & Legal

Street Number: 123
Street Direction Prefix: S
Street Name: Main
Street Suffix: Street
State: PA
Postal Code: 18701
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Commercial
PIN #: H9SE2025022
DB/Record Book: 3012
Page: 111567
Total County Assmnt: 200000
Est County Tax: 1195.08
Est Total Tax: 6714.02

Listing Information

Listing Contract Date: 2016-04-27

Property Information

Property Sub Type: Multi Family
Building Area Total: 7578
Est Age Range: 100 Plus Yrs
# Spaces off-Street: 3
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: South Main St between Northampton and South.

Status Change Information

Purchase Contract Date: 2017-07-24
Close Date: 2017-08-25

Expenses

Annual Gross Income: 46968
Annual Electric Exp: 2200
Annual Gas Exp: 450
Annual Water Exp: 1300
Annual Sewer Exp: 1524
Annual Real Est Tax: 6258
Annual Other Misc: 1425
Total Annl Expenses: 16357
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 3200
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Anl Net Inc b/4 Debt: 31181

More Information

Appliances

# Ranges: 6
# Refrigerators: 6
# Washer: 2
# Dryers: 2

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 900
Monthly Rent: 600
Kitchen Style: Semi-Modern
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 900
# Rooms: 5
Monthly Rent: 700
# Bedrooms: 3
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 3 Info

Unit #: 3
Approx SF: 900
# Rooms: 5
Monthly Rent: 600
# Bedrooms: 2
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 4 Info

Unit #: 4
Approx SF: 900
# Rooms: 5
Monthly Rent: 650
# Bedrooms: 3
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: 900
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 900
# Rooms: 5
Monthly Rent: 700
# Bedrooms: 2
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

Remarks & Directions

Include: (6) Stoves, (6) Refrigerators, (2) Washers, (2) Dryers in laundry room on 1st floor.
Hot Sheet Comment: price

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Rolled: Yes
Rubber: Yes

Hot Water Heater

Electric: Yes
Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

MF Amenities

Coin-Op Washer/Dryer: Yes

Property Features

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

Listing Office: Lewith & Freeman, Kingston

Listing Agent: Julio Acosta

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing