127 Main Street, Kingston, PA 18704

$999,000
Property Type: Residential Income Square Footage: 13,600 Status: Closed
Current Price: $999,000 List Date: 11/07/2022 Last Modified: 9/12/2024

Overview

Description

INCREDIBLE INVESTMENT OPPORTUNITY! Three Kingston plus two Wilkes Barre buildings contain 15 units in total! These will make a great addition to your portfolio with a gross annual income of $137,400! Majority of apartments are two to three bedrooms offering some laundry and off-street parking. Tenants responsible for most utilities. Twelve occupied units with three current vacancies. Solid tenants

Listing Details MLS# 22-5526

Location, Tax & Legal

Street Number
127
Street Name
Main
Street Suffix
Street
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)
129
Zoning
Apartment Residential
PIN #
G9SE4012036
DB/Record Book
3020
Page
32199
Total County Assmnt
106500
Est County Tax
657.06
Est Total Tax
2742.33
Tax Year
2022

Listing Information

Listing Contract Date
2022-11-07
Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Building Area Total
13600
Est Age Range
76 - 100 Yrs
# Spaces off-Street
10
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Garage Stalls
No
Garage Type
None

Remarks Directions

Directions
Wyoming Ave to Kingston corners, follow to Main Street. Property on right. Call agent for further directions.

Status Change Information

Purchase Contract Date
2023-01-03
Close Date
2023-03-16

Expenses

Annual Gross Income
137400
Annual Water Exp
3064.58
Annual Sewer Exp
1959.18
Annual Real Est Tax
10819.53
Annual Other Misc
13722
Total Annl Expenses
34681.29
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
6916
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Anl Net Inc b/4 Debt
102718.71

More Information

Unit 1 Info

Unit #
127
# 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
N
Sewer in Rent
Y

Unit 2 Info

Unit #
127
Approx SF
900
# Rooms
4
Monthly Rent
675
# 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
N
Sewer in Rent
Y

Unit 3 Info

Unit #
129
Approx SF
900
# Rooms
4
Monthly Rent
850
# 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
N
Sewer in Rent
Y

Unit 4 Info

Unit #
129
Approx SF
900
# Rooms
4
Monthly Rent
725
# 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
N
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
price

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Heat Type

Electric Baseboard
Yes
Hot Water Baseboard
Yes
Steam
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes
Gas
Yes

Basement

Concrete Floor
Yes
Dirt Floor
Yes

MF Amenities

Porch
Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Vinyl Hot Water Heater: Electric; Gas
Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS
Listing Agent: Fruma Perlman
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.
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