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21-23 E Spring Street, Nanticoke, PA 18634

$399,000
21 E Spring Street Side view Front view Laundry room Heat Heat 2 View from building Blue skies Living room Kitchen Bedroom 1 Bedroom 2 Bathroom
Property Type: Residential Income Square Footage: 4,718 Status: Closed
Current Price: $399,000 List Date: 10/18/2023 Last Modified: 9/12/2024

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
Zoning
Apartment Residential
PIN #
42-J7NE4-009-002
DB/Record Book
3019
Page
131397
Total County Assmnt
98200
Est County Tax
605.85
Est Total Tax
2410.09
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
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
Annual Gas 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 #
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

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

Oil
Yes

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Heat Type

Hot Water Baseboard
Yes
Hot Water Radiator
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Vinyl
Yes

Sewer

Public
Yes

Roof

Rubber
Yes

Hot Water Heater

Oil
Yes

Basement

Concrete Floor
Yes
Partial
Yes
Unfinished
Yes

MF Amenities

Coin-Op Washer/Dryer
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Oil Heat Type: Hot Water Baseboard; Hot Water Radiator AC Type: None Condition: Very Good Exterior: Aluminum; Vinyl Roof: Rubber Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Hot Water Heater: Oil Basement: Concrete Floor; Partial; Unfinished MF Amenities: Coin-Op Washer/Dryer
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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142 N Main Street, First Floor
Shavertown, PA 18708

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Blakeslee, PA 18610

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