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173-175 Hanover Street, Wilkes-Barre, PA 18702

$480,000
173-175 Hanover Street Across from Geisinger SouthIMG_3919 Side View Side viewIMG_3921 Separate ElectricIMG_3922 Plenty of parking
Property Type: Residential Income Square Footage: 7,290 Status: Closed
Current Price: $480,000 List Date: 5/13/2023 Last Modified: 9/12/2024

Overview

Description

Fully occupied 6 unit building, located by Geisinger Hospital. Off street parking, laundry area. Solid rental history. Rents can be adjusted to market rates.

Listing Details MLS# 23-2007

Location, Tax & Legal

House # (1)
173-175
Street Name
Hanover Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
Zoning
Apartment Residential
PIN #
73-H9SW3-015-009
DB/Record Book
3021
Page
115956
Total County Assmnt
137900
Est County Tax
780.39
Est Total Tax
4583.04
Tax Year
2023

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
7290
Year Built
1945
Est Age Range
76 - 100 Yrs
Garage Type
None
# Spaces off-Street
10
Parking
Off-Street
Garage Stalls
No

Remarks Directions

Directions
From South Main Street Wilkes Barre, right onto Hanover Street to property on right ( 173-175)

Status Change Information

Under Contract Date
2023-08-18
Sold Date
2023-11-28

Expenses

Annual Gross Income
51000
Annual Electric Exp
2800
Annual Water Exp
1980
Annual Sewer Exp
1980
Annual Real Est Tax
4583.04
Annual Fire/Liabilty
1500
Total Annl Expenses
12853.04
Anl Net Inc b/4 Debt
38146.96
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Appliances

# Ranges
6
# Refrigerators
6

Unit 1 Info

Unit #
Yes
Approx SF
1500
# Rooms
5
Monthly Rent
750
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
800
# Rooms
4
Monthly Rent
600
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
600
# Rooms
3
Monthly Rent
500
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
1500
# Rooms
4
Monthly Rent
750
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 5 Info

Unit #
5
Approx SF
1700
# Rooms
6
Monthly Rent
1050
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 6 Info

Unit #
6
Approx SF
1190
# Rooms
5
Monthly Rent
600
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
6 Refrigerators, 6 ranges
Exclude
Tenants personal items
Hot Sheet Comment
new

Showing Instructions

Contact Showing Service - See Remarks
Yes

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Electric Baseboard
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: None Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Electric Basement: Concrete Floor; Full Unfinished
Listing Office: RPA Real Estate
Listing Agent: Randy B. Hockman
Last Updated: September - 12 - 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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Shavertown, PA 18708

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Blakeslee, PA 18610

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