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183 N Main Street, Pittston, PA 18640

$1,050,000
N Main_-2 N Main_-3 (edited) N Main_-3 N Main_-4 N Main_-5 (edited) N Main_-6 N Main_-9 N Main_-10 N Main_-11 N Main_-12 N Main_-13 N Main_-14 N Main_-16 N Main_-17 N Main_-18 N Main_-19 N Main_-20 N Main_-21 N Main_-22 Separate Hot water Separate Hot Water/Water N Main_-34 N Main_-35
Property Type: Residential Income Square Footage: 6,300 Status: Closed
Current Price: $1,050,000 List Date: 7/16/2024 Last Modified: 2/21/2025

Overview

Description

Welcome to 183 N Main St! Your next investment opportunity awaits. This property has been completely redone and offers a low maintenance investment opportunity for a future landlord. Be part of the path of progress as Downtown Pittston undergoes the next phase of revitalization. The building consists of eight(8) fully leased apartments; 4-1 bedroom, 3-2 bedroom and 1-studio apartment.

Supplements: Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring. The building has a new roof, ... (Read more) Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring. The building has a new roof, new electrical service, sub-metered water, new exterior walkways, new exterior paint, new doors and truly comes as a turn key opportunity!

Listing Details MLS# 24-3395

Location, Tax & Legal

Street Number
183
Street Direction Prefix
N
Street Name
Main
Street Suffix
Street
State
PA
Postal Code
18640
County
Luzerne
MLS Area Major
Pittston
SchoolDistrict
Pittston
Township
Pittston City
Subdivision Name
None
Zoning
Commercial
PIN #
72-E11NE2-022-035-000
DB/Record Book
0000
Page
0000
Total County Assmnt
169000
Est County Tax
0
Est Total Tax
5027

Listing Information

Listing Contract Date
2024-07-01

Property Information

Property Sub Type
Multi Family
Building Area Total
6300
Est Age Range
100 Plus Yrs
Realtor.COM Type
Multi-Family
Style
3 or More Units

Remarks Directions

Directions
From PA Rte 315 N, Turn Left onto Oak St, Turn Right onto Twp Blvd, Turn Left onto William St, Turn Right onto N Main St. Building is on the right

Status Change Information

Purchase Contract Date
2024-10-17
Close Date
2025-01-21

Expenses

Annual Gross Income
118800
Annual Electric Exp
660
Annual Sewer Exp
4500
Annual Garbage Remvl
1640
Annual Real Est Tax
5027
Annual Other Misc
11760
Total Annl Expenses
24327
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Fire/Liabilty
6620
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Anl Net Inc b/4 Debt
89093

More Information

Appliances

# Ranges
8
# Refrigerators
8
# Dishwashers
8
# Washer
8
# Dryers
8
# Microwave
8

Unit 1 Info

Unit #
Yes
# Rooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
300
Monthly Rent
850
Kitchen Style
Modern
Lease
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 2 Info

Unit #
2
Approx SF
750
# Rooms
4
Monthly Rent
1450
# Bedrooms
2
Kitchen Style
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
N

Unit 3 Info

Unit #
3
Monthly Rent
1150
# Bedrooms
Yes
# Baths
Yes

Unit 4 Info

Unit #
4
Monthly Rent
1350
# Bedrooms
2
# Baths
Yes

Unit 7 Info

Unit #
7
Monthly Rent
1150
# Bedrooms
Yes
# Baths
Yes

Unit 8 Info

Unit #
8
Monthly Rent
1150
# Bedrooms
Yes
# Baths
Yes

Remarks & Directions

Include
All Refrigerators(8), washer/dryer units(8)
Exclude
Tenant related belongings
Hot Sheet Comment
price

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes
Forced Air
Yes

Condition

Excellent
Yes

AC Type

Central
Yes

Water

Public
Yes

Exterior

Brick
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

MF Amenities

Fire Escape
Yes

Unit 5 Info

Monthly Rent
1500
# Bedrooms
2
# Baths
Yes

Unit 6 Info

Monthly Rent
1200
# Bedrooms
Yes
# Baths
Yes

Property Features

Heat Fuel Type: Gas AC Type: Central Condition: Excellent Exterior: Brick Hot Water Heater: Electric Basement: Full Unfinished MF Amenities: Fire Escape
Listing Office: Keller Williams Elite
Listing Agent: David Garpstas
Last Updated: February - 21 - 2025
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.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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