278-280 George Avenue, Wilkes-Barre, PA 18705 (MLS# 22-4203)

278-280 George Avenue, Wilkes-Barre, PA 18705

$290,000

Property Type: Residential Income Square Footage: 4,900 Status: Closed

Current Price: $290,000 List Date: 9/14/2022 Last Modified: 10/08/2024

Overview

Description

Phenomenal investment opportunity with this 3-unit multi-family. Two units recently updated and all three units receiving money making monthly rents. Large lot with off street parking in the rear for 8+ cars and a carport for two vehicles.

Listing Details MLS# 22-4203

Location, Tax & Legal

House # (1): 278-280
Street Name: George
Street Suffix: Avenue
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18705
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Zoning: Multi-Family
PIN #: 73H10NE2009010000
DB/Record Book: 3022
Page: 1009914
Total County Assmnt: 100000
Est County Tax: 616.96
Est Total Tax: 3516.16

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 4900
Est Age Range: 76 - 100 Yrs
Garage Stalls: 2
Garage Type: Carport
# Spaces off-Street: 8
Parking: Off-Street

Remarks Directions

Directions: Take Wilkes Barre Blvd from Downtown Wilkes Barre, right on George Ave and property is on the left.

Status Change Information

Under Contract Date: 2022-09-26
Sold Date: 2022-12-21

Expenses

Annual Gross Income: 53400
Annual Gas Exp: 2100
Annual Water Exp: 1200
Annual Sewer Exp: 1050
Annual Real Est Tax: 3516.16
Annual Fire/Liabilty: 1200
Total Annl Expenses: 9066.16
Anl Net Inc b/4 Debt: 44334
Annual Electric Exp: 0
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 3
# Refrigerators: 3

Unit 1 Info

Unit #: Yes
Approx SF: 1700
# Rooms: 6
Monthly Rent: 1300
# 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: Y

Unit 2 Info

Unit #: 2
Approx SF: 1700
# Rooms: 7
Monthly Rent: 1700
# Bedrooms: 5
Kitchen Style: Modern
# 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: 1500
# Rooms: 5
Monthly Rent: 1450
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: 2
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: All appliances owned by the seller in as is condition.
Exclude: Tenant's personal belongings.
Hot Sheet Comment: new

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes
Paneling: Yes
Plaster: Yes

Heat Type

Hot Water Baseboard: Yes

Condition

Very Good: Yes

AC Type

Wall Units: Yes

Water

Public: Yes

Exterior

Asbestos: Yes
Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

MF Amenities

Fencing: Yes
Fire Escape: Yes
Porch: Yes
Shed/Storage Bldg: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Wall Units Condition: Very Good Exterior: Asbestos; Vinyl Roof: Comp Shingle Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished MF Amenities: Fencing; Fire Escape; Porch; Shed/Storage Bldg

Listing Office: Crich Realty, LLC

Listing Agent: Christy Lynn Shade

Last Updated: October - 08 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing