264 Academy Street, Wilkes-Barre, PA 18702 (MLS# 22-3095)

264 Academy Street, Wilkes-Barre, PA 18702

$399,900

Property Type: Residential Income Square Footage: 4,550 Status: Closed

Current Price: $399,900 List Date: 6/30/2022 Last Modified: 9/11/2024

Overview

Description

Multi-Family Investment Property in Wilkes-Barre. Six (6) Apartments fully occupied! Nice Corner location on all set on a Double Lot with Off Street tenant parking. Coin-Op Washer/Dryer in basement for added income potential! Add this one to your investment portfolio!

Listing Details MLS# 22-3095

Location, Tax & Legal

Street Number: 264
Street Name: Academy
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Multi-Family
PIN #: 73-H9SE1-001-004; 73-H9SE1-011-003
DB/Record Book: 3005
Page: 264460
Total County Assmnt: 141500
Est County Tax: 873
Est Total Tax: 5816.65

Listing Information

Listing Contract Date: 2022-06-29

Property Information

Property Sub Type: Multi Family
Building Area Total: 4550
Est Age Range: 76 - 100 Yrs
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: River Street to Academy Street.

Status Change Information

Purchase Contract Date: 2022-07-06
Close Date: 2022-07-15

Expenses

Annual Gross Income: 54600
Annual Electric Exp: 364.77
Annual Gas Exp: 3284.79
Annual Water Exp: 2033.64
Annual Sewer Exp: 300
Annual Real Est Tax: 5816.65
Annual Flood Ins: 1605
Total Annl Expenses: 15073.85
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 1669
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 39526.15

More Information

Appliances

# Ranges: 6
# Refrigerators: 6
# Washer: Yes
# Dryers: Yes

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 720
Monthly Rent: 750
Kitchen Style: Ordinary
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 720
# Rooms: 4
Monthly Rent: 650
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 720
# Rooms: 4
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 6 Refrigerators; 6 Range; 1 Coin-Op Washer; 1 Coin-Op Dryer
Exclude: Tenants Personal Property
Hot Sheet Comment: new

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes
Other - See Remarks: Yes

Heat Type

Hot Water Radiator: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Stucco: Yes

Sewer

Public: Yes

Roof

Other - See Remarks: Yes

Basement

Full Unfinished: Yes

MF Amenities

Coin-Op Washer/Dryer: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator AC Type: None Condition: Good Basement: Full Unfinished

Listing Office: Park Place Properties Real Estate, LLC

Listing Agent: Donald J. Brown

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing