Current Price:$399,000List Date:10/18/2023Last Modified:7/25/2026
Overview
Description
Investor Alert: 6 unit building, 5- 2 bedroom , 1- 1 bedroom. All units are occupied. Close to downtown shopping, LCCC and multitude of warehouses. City parking lot next to the building .
Listing Details MLS# 23-4998
Location, Tax & Legal
House # (1)
21-23
Street Direction Pfx
E
Street Name
Spring
Street Suffix
Street
City (Post Office)
Nanticoke
State/Province
PA
Zip Code
18634
County
Luzerne
MLS Area
Ashley-Nanticoke-Hanover Twp
School District
Nanticoke
Municipality
Nanticoke City
Develop/Subdivision
None
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
4718
Year Built
1940
Est Age Range
76 - 100 Yrs
Parking
Off-Street
Remarks Directions
Directions
From Wilkes Barre take Carey Ave into Nanticoke, turn left onto Prospect Street to first right onto E Spring Street. Building on left.
Status Change Information
Under Contract Date
2024-02-20
Sold Date
2024-05-23
Expenses
Annual Gross Income
55440
Annual Electric Exp
500
Annual Othr Fuel Exp
8500
Annual Water Exp
2200
Annual Sewer Exp
2200
Annual Real Est Tax
2410.09
Annual Fire/Liabilty
2500
Total Annl Expenses
18310.09
Anl Net Inc b/4 Debt
37129.91
More Information
Appliances
# Ranges
6
# Refrigerators
6
Unit 1 Info
Unit #
121
Approx SF
750
# Rooms
4
Monthly Rent
750
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
121
Approx SF
750
# Rooms
4
Monthly Rent
950
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
123
Approx SF
780
# Rooms
4
Monthly Rent
850
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
123
Approx SF
780
# Rooms
4
Monthly Rent
675
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 5 Info
Unit #
123
Approx SF
780
# Rooms
4
Monthly Rent
645
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 6 Info
Unit #
121
Approx SF
780
# Rooms
4
Monthly Rent
750
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:OilHeat Type:Hot Water Baseboard; Hot Water RadiatorAC Type:NoneCondition:Very GoodExterior:Aluminum; VinylRoof:RubberInterior Finish:Drywall; Paneling; PlasterWater:PublicSewer:PublicHot Water Heater:OilBasement:Concrete Floor; Partial; UnfinishedMF Amenities:Coin-Op Washer/Dryer