Current Price:$368,000List Date:1/03/2025Last Modified:7/25/2026
Overview
Description
Value add Multi-Family 4-unit opportunity in an excellent, central Forty Fort location with off-street parking, separate utilities, and full occupancy.
Listing Details MLS# 24-6211
Location, Tax & Legal
House # (1)
17
Street Name
Welles
Street Suffix
Street
City (Post Office)
Forty Fort
State/Province
PA
Zip Code
18704
County
Luzerne
MLS Area
Kingston-Forty Fort-Swoyersville
School District
Wyoming Valley West
Municipality
Forty Fort Boro
Develop/Subdivision
None
Property Information
Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
3800
Est Age Range
76 - 100 Yrs
Garage Type
None
# Spaces off-Street
6
Parking
Off-Street
Remarks Directions
Directions
From Wyoming Ave in Forty Fort, turn onto Welles St. Home is on your right.
Status Change Information
Under Contract Date
2025-01-06
Sold Date
2025-03-13
Expenses
Annual Gross Income
41598
Annual Electric Exp
872
Annual Gas Exp
775
Annual Water Exp
795
Annual Sewer Exp
1804
Annual Garbage Remvl
175
Annual Real Est Tax
5722
Annual Fire/Liabilty
1092
Annual Snow Removal
725
Annual Other Misc
1065
Total Annl Expenses
13025
Anl Net Inc b/4 Debt
28573
More Information
Unit 1 Info
Unit #
171
Approx SF
900
# Rooms
3
Monthly Rent
715
# Bedrooms
Yes
Kitchen Style
Ordinary
# 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 2 Info
Unit #
172
Approx SF
900
# Rooms
5
Monthly Rent
1156.5
# 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 #
191
Approx SF
900
# Rooms
3
Monthly Rent
850
# Bedrooms
Yes
Kitchen Style
Ordinary
# 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 4 Info
Unit #
192
Approx SF
900
# Rooms
5
Monthly Rent
745
# 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
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:GasHeat Type:Hot Water Baseboard; SteamAC Type:NoneCondition:GoodExterior:Stucco; WoodRoof:Comp ShingleInterior Finish:Drywall; Paneling; PlasterWater:PublicSewer:PublicHot Water Heater:GasBasement:Full UnfinishedMF Amenities:Deck; Porch