Current Price:$350,000List Date:4/13/2024Last Modified:7/25/2026
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
House # (1)
22-26
Street Direction Pfx
W
Street Name
Ross
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18701
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
Property Information
Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
5500
Est Age Range
100 Plus Yrs
Parking
Off-Street
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
Under Contract Date
2024-04-18
Sold 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 Fire/Liabilty
3703
Annual Snow Removal
500
Total Annl Expenses
18657
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
Approx SF
1000
# Rooms
4
Monthly Rent
850
# 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 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
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:Electric; GasHeat Type:Hot Water Radiator; Radiant; Forced AirAC Type:CentralCondition:GoodExterior:BrickRoof:Comp ShingleInterior Finish:Drywall; PlasterWater:PublicSewer:PublicHot Water Heater:GasBasement:Concrete Floor; Full Unfinished