251 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$1,800,000
Property Type: Residential Income Square Footage: 2,200 Status: Closed
Current Price: $1,800,000 List Date: 2/03/2023 Last Modified: 9/12/2024

Overview

Description

Great investment opportunity located close to Kings college. This is fully rented and is a great money maker. New roof just redone in 2020. Huge PORTFOLIO opportunity this includes several addresses. 8 properties with 26 units

Listing Details MLS# 23-412

Location, Tax & Legal

House # (1)
251
Street Direction Pfx
N
Street Name
Pennsylvania
Street Suffix
Avenue
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
House # (2)
253
Zoning
Multi-Family
PIN #
73-H10SW1-007-02A-000
DB/Record Book
02274
Page
001156
Total County Assmnt
43300
Est County Tax
0
Est Total Tax
2023
Tax Year
2023

Listing Information

Limited Service
No

Property Information

Property Sub Type
Duplex
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
Aprx Total SF
2200
Year Built
1935
Est Age Range
76 - 100 Yrs
Garage Stalls
No

Remarks Directions

Directions
Take Wilkes-Barre Blvd - Turn Right At Scott St. Then Turn Right at N. Pennsylvania Ave.

Status Change Information

Under Contract Date
2023-02-03
Sold Date
2023-06-15

Expenses

Annual Gross Income
19740
Annual Real Est Tax
1680
Annual Fire/Liabilty
831
Total Annl Expenses
2511
Anl Net Inc b/4 Debt
18489
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
251
Approx SF
1100
# Rooms
6
Monthly Rent
850
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 2 Info

Unit #
253
Approx SF
1100
# Rooms
6
Monthly Rent
795
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Remarks & Directions

Hot Sheet Comment
new

Showing Instructions

Other - See Remarks
Yes

Heat Fuel Type

Gas
Yes

Interior Finish

Other - See Remarks
Yes

Heat Type

Steam
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Brick
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Full Unfinished
Yes

Property Features

Showing Instructions: Other - See Remarks Heat Fuel Type: Gas Heat Type: Steam AC Type: None Condition: Good Exterior: Brick Roof: Comp Shingle Interior Finish: Other - See Remarks Water: Public Sewer: Public Hot Water Heater: Gas Basement: Full Unfinished
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.
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