22-26 W Ross Street, Wilkes-Barre, PA 18701 (MLS# 24-1632)

22-26 W Ross Street, Wilkes-Barre, PA 18701

$350,000

Property Type: Residential Income Square Footage: 5,500 Status: Closed

Current Price: $350,000 List Date: 4/13/2024 Last Modified: 9/12/2024

Overview

Description

With all four units fully rented, you can enjoy a steady stream of rental income and maximize the return on your investment. The proximity to the college campus, downtown area, and restaurants ensures a high level of demand for rental housing. Lets not forget newer roof, on demand water heater and plenty of off street parking.

Listing Details MLS# 24-1632

Location, Tax & Legal

Street Number: 22-26
Street Direction Prefix: W
Street Name: Ross
Street Suffix: Street
State: PA
Postal Code: 18701
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Multi-Family
PIN #: H9SE3017008-73
DB/Record Book: 3019
Page: 76575
Total County Assmnt: 205000
Est County Tax: 1302.59
Est Total Tax: 6987.23

Listing Information

Listing Contract Date: 2024-04-13

Property Information

Property Sub Type: Multi Family
Building Area Total: 5500
Est Age Range: 100 Plus Yrs
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: From Wyoming Ave, turn left onto Market St; Continue onto Market St Bridge; Turn right onto S River St; Turn left onto W Ross St

Status Change Information

Purchase Contract Date: 2024-04-18
Close Date: 2024-05-28

Expenses

Annual Gross Income: 47400
Annual Gas Exp: 1500
Annual Othr Fuel Exp: 1200
Annual Water Exp: 3300
Annual Sewer Exp: 285
Annual Real Est Tax: 6987
Annual Snow Removal: 500
Total Annl Expenses: 18657
Annual Electric Exp: 0
Annual Fire/Liabilty: 3703
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 28743

More Information

Appliances

# Ranges: 4
# Refrigerators: 4
# Dishwashers: 2
# Washer: 6
# Dryers: 6

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 1000
Monthly Rent: 850
Kitchen Style: Ordinary
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 900
# Rooms: 5
Monthly Rent: 700
# Bedrooms: 2
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 2500
# Rooms: 8
Monthly Rent: 1600
# Bedrooms: 5
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 4 stoves, 4 refrigerators, 4 washers, 4 dryers, & 2 dishwashers
Hot Sheet Comment: new

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Forced Air: Yes
Hot Water Radiator: Yes
Radiant: Yes

Condition

Good: Yes

AC Type

Central: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric; Gas Heat Type: Hot Water Radiator; Radiant AC Type: Central Condition: Good Exterior: Brick Hot Water Heater: Gas Basement: Full Unfinished

Listing Office: Classic Properties Kingston

Listing Agent: Team Jesicca Skoloda

Last Updated: September - 12 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing