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

Street Number
251
Street Direction Prefix
N
Street Name
Pennsylvania
Street Suffix
Avenue
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
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

Listing Contract Date
2023-02-03
Limited Service
No

Property Information

Property Sub Type
Duplex
Building Area Total
2200
Year Built
1935
Est Age Range
76 - 100 Yrs
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
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

Purchase Contract Date
2023-02-03
Close Date
2023-06-15

Expenses

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

More Information

Unit 1 Info

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

Heat Fuel Type: Gas AC Type: None Condition: Good Exterior: Brick 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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