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256-260 E Grove Street, Pringle, PA 18704

New Listing
$675,000
Front Building Rear Building/Yard (between the two buildings) Two Buildings, One Parcel Front Building Driveway Front Building Kitchen Kitchen Kitchen Bathroom Bedroom Bedroom Bedroom Bedroom Bedroom Kitchen Kitchen Laundry Area Bedroom Bedroom Kitchen/Dining Room Kitchen/Dining Room Dining Room Living Room Bathroom Bedroom Bedroom Bedroom Entrance/Porch Kitchen Kitchen Kitchen Living Room Bathroom Bedroom Bedroom Basement Basement Living Room Kitchen Area/Dining Room Bedroom Yard (between the two buildings) Yard (between the two buildings) Back Alley Kitchen Kitchen Kitchen Bathroom (Jacuzzi Tub/Shower) Sunporch/Sliding Glass Doors Dining Room Living Room/Fireplace Bedroom Living Room/Fireplace Upstairs Hallway Bedroom Bedroom Bedroom Bedroom Bedroom Half Bath Office Basement Basement Yard (between the two buildings) Two Buildings, One Parcel
Property Type: Residential Income Square Footage: 7,550 Status: Active
Current Price: $675,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

Exceptional 6-Unit Investment Opportunity in the Highly Desirable Pringle/Kingston Area! Don't miss this rare chance to own a high-performing multifamily property featuring two buildings on one parcel, with one deed, offering incredible income potential and long-term value! Currently generating an impressive 9% CAP Rate with 5 fully renovated, occupied units, this investment becomes even stronger

Supplements: once the 6th unit-needing only a few finishing touches-is completed and leased, increasing the projected CAP Rate to 11% or better! The property includes a 5-unit apartment building and a spacious single-family home situated on a generous lot with ample off-street parking. The apartment building has seen numerous updates throughout, including newer ... (Read more) once the 6th unit-needing only a few finishing touches-is completed and leased, increasing the projected CAP Rate to 11% or better! The property includes a 5-unit apartment building and a spacious single-family home situated on a generous lot with ample off-street parking. The apartment building has seen numerous updates throughout, including newer flooring, fresh paint, updated light fixtures, countertops, cabinets, appliances, and more. Roofs on both buildings are approximately 10 years old. The expansive single-family home offers 5 large bedrooms, 2 bathrooms, a home office, a sunroom, and a relaxing jacuzzi tub, making it an excellent owner's residence or an additional income-producing rental. Utilities are separate for the single-family home, while tenants in the apartment building pay their own utilities with the exception of water. All 5 Units in the apartment building are 2 bedrooms, 1 bathroom. Whether you're looking to house hack by living in the single-family home while the apartment building covers your mortgage and then some, or maximize your returns by renting all 6 units, this property offers exceptional flexibility and outstanding cash flow potential. Opportunities like this are hard to find in such a sought-after location. Schedule your private showing today and see why this property is a standout addition to any investment portfolio!

Listing Details MLS# 26-3548

Location, Tax & Legal

House # (1)
256-260
Street Direction Pfx
E
Street Name
Grove
Street Suffix
Street
City (Post Office)
Pringle
State/Province
PA
Zip Code
18704
County
Luzerne
MLS Area
Kingston Surrounds
School District
Wyoming Valley West
Municipality
Pringle Boro
Develop/Subdivision
None
Zoning
Residential
PIN #
52-G9S1-015-018
DB/Record Book
03018
Page
169054
Total County Assmnt
205000
Est County Tax
1322.13
Est Total Tax
5264.42
Tax Year
2025

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
7550
Est Age Range
76 - 100 Yrs
# Spaces off-Street
6
Parking
Off-Street

Remarks Directions

Directions
Make a L off Union Street onto Evans Street, Evans Street turns into E Grove Street, the property is on the R side about halfway down E Grove Street. There is a front building and a rear building.

Expenses

Annual Gross Income
74400
Annual Water Exp
1391.18
Annual Sewer Exp
2200
Annual Real Est Tax
5264.42
Annual Fire/Liabilty
5264.42
Total Annl Expenses
14068.6
Anl Net Inc b/4 Debt
74400
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
260
Approx SF
2000
# Rooms
10
Monthly Rent
1500
# Bedrooms
5
Kitchen Style
Modern
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
258
Approx SF
950
# Rooms
5
Monthly Rent
1350
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
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 #
256
Approx SF
900
# Rooms
5
Monthly Rent
1250
# Bedrooms
2
Kitchen Style
Modern
# 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 #
256
Approx SF
850
# Rooms
5
Monthly Rent
1050
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 5 Info

Unit #
2582
Approx SF
850
# Rooms
5
Monthly Rent
1050
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 6 Info

Unit #
2583
Approx SF
900
# Rooms
5
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Monthly Rent
0

Remarks & Directions

Include
(5) Refrigerators, (5) Stoves, (3) Washers, (3) Dryers
Exclude
Tenant's Personal Property
Hot Sheet Comment
new

Showing Instructions

Contact Showing Service - See Remarks
Yes

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Steam
Yes

Condition

Very Good
Yes

AC Type

Window Units
Yes

Water

Public
Yes

Exterior

Brick
Yes
Stucco
Yes
Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Concrete Floor
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Steam AC Type: Window Units Condition: Very Good Exterior: Brick; Stucco; Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor
Listing Office: Christian Saunders Real Estate
Listing Agent: Marc Vincent Rodriguez-Douglas
Last Updated: July - 21 - 2026
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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