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132 E Broad Street, Hazleton, PA 18201

$125,000
Front View Front Overview Front Overview Rear View Former Tavern Former Tavern Tavern Kitchen Individual Water Meters #134 Side Heating System #132 Side Heating System Storefront Utility Room Storefront Utility Room Storefront Retail Area #132 Apartment Kitchen #132 Apartment Dining Room #132 Apartment Living Room #132 Apartment Bathroom Additional View-#132 Apartment Bathroom #132 Apartment Front Bedroom #132 Apartment Middle Bedroom #132 Apartment Rear Bedroom #134 Apartment Kitchen #134 Apartment Dining Room #134 Apartment Living Room #134 Apartment Bedroom #134 Apartment Bathroom
Property Type: Commercial Sale Baths: 3 Square Footage: 4,692 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $125,000 List Date: 7/12/2018 Last Modified: 9/15/2024

Overview

Description

Downtown Hazleton- mixed-use building in a high traffic area! Features two street-level commercial units (former Henry's Cafe Tavern & Storefront) plus two 3 bedroom apartments with off-street tenant parking.

Supplements: Owners Notes on Rents and Operating Expenses: The sewer expense is $129 unit/per quarter or $2,064 annually; Insurance expense is $3,850 per year; Garbage collection fee for apartments is $17.75 unit per month or $426 annually. The commercial tenants hire their own garbage hauler (cost is paid by the tenants); The oil heat cost is approximately $6, ... (Read more) Owners Notes on Rents and Operating Expenses: The sewer expense is $129 unit/per quarter or $2,064 annually; Insurance expense is $3,850 per year; Garbage collection fee for apartments is $17.75 unit per month or $426 annually. The commercial tenants hire their own garbage hauler (cost is paid by the tenants); The oil heat cost is approximately $6,000 per year; Although there are individual water meters, this expense is paid by the owner (required by water company).The monthly minimum water fee is $14.25 per unit. The #132 apartment water fee has been averaging approximately $40 per month. The remaining units use minimal water. The electric for the basement and the chair lifts is on the tavern electric meter (owner). The electric hot water heater is on the electric storefront meter (paid by the tenant). The owner provides snow removal and maintenance. There is a lease for the #134 apartment (see attached document). The leases for the tenant occupied storefront and #132 apartment are verbal, month to month (paid on 3rd day of each month). There are no security deposits. Rents include heat and utilities (except for electric, which is paid by the tenants). Owner has the apartments registered with the City of Hazleton.

Listing Details MLS# 18-3583

Location, Tax & Legal

House # (1)
132
Street Direction Pfx
E
Street Name
Broad
Street Suffix
Street
City (Post Office)
Hazleton
State/Province
PA
Zip Code
18201
MLS Area
Hazleton Area
County
Luzerne
Municipality
Hazleton City
Develop/Subdivision
None
School District
Hazleton
Add #2
134
Zoning
Commercial
PIN#
71-T8SW31-014-008 & 009
DB/Record Book
DB 2230 & DB 2644
Page
Pg 1179 & Pg 317
Appeal Pending
No
Total County Assmnt
170000
Est County Tax
1015.82
Est Total Tax
3804.83

Listing Information

For Sale
Y
Limited Service
No

Property Information

Realtor.COM Type
Commercial
Aprx Total SF
4692
Year Built Age
76 - 100 Yrs
Stories
3
# Acres
0.06
Acreage Range
Up to 1 Acre
# Spaces Off-Street
2
Total Bathrooms
3
Environmental Survey
N
SqFt Office
0
SqFt Warehouse
0
Garage Stalls
No
# of Docks
0

Remarks Directions

Directions
Route 309 South to Broad Street. Left on Broad Street. Property is located between Pine and Cedar Streets on right side.

Status Change Information

Under Contract Date
2019-03-12
Sold Date
2019-05-21

Remarks & Directions

Included
132 side apt.-refrigerator, stove 134 side apt.-dishwasher, stove
Excluded
Tenants personal property
Hot Sheet Comment
new

More Information

Income & Expenses

R.E. Tax Expense
3805

Heat Fuel Type

Oil
Yes

Heat Type

Hot Water Radiator
Yes

Condition

Average
Yes

AC Type

Wall Units
Yes

Hot Water

Electric
Yes
Htd by Boiler/Furnace
Yes

Water

Public
Yes

Exterior

Vinyl
Yes
Other - See Remarks
Yes

Sewer

Public
Yes

Roof

Rolled
Yes

Property Features

Basement
Yes
Fencing
Yes
Handicap Features
Yes
High Traffic Area
Yes
Rest Rooms
Yes
Storage - Inside
Yes

Present Use

Apartments
Yes
Business
Yes
Commercial
Yes

Ceiling Height

Up to 8'0'
Yes

Included in Sale

Land
Yes
Building
Yes
Existing Leases
Yes

Electrical Service

Circuit Breakers
Yes
100-199 Amps
Yes

Property Features

Heat Fuel Type: Oil Heat Type: Hot Water Radiator AC Type: Wall Units Hot Water: Electric; Htd by Boiler/Furnace Water: Public Sewer: Public Exterior: Vinyl; Other - See Remarks Condition: Average Roof: Rolled Property Features: Basement; Fencing; Handicap Features; High Traffic Area; Rest Rooms; Storage - Inside Present Use: Apartments; Business; Commercial Ceiling Height: Up to 8'0' Included in Sale: Land; Building; Existing Leases Electrical Service: Circuit Breakers; 100-199 Amps
Listing Office: McGuire Real Estate Group
Listing Agent: Allyne Allen
Last Updated: September - 15 - 2024
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.


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