287 Pierce Street, Kingston, PA 18704 (MLS# 24-912)

287 Pierce Street, Kingston, PA 18704

$435,000

Property Type: Residential Income Square Footage: 5,000 Status: Closed

Current Price: $435,000 List Date: 5/30/2024 Last Modified: 7/25/2026

Overview

Description

INVESTORS 6 UNIT IN KINGSTON 13 CAP after rents are at market value! Increases the gross over 25,000K. Expenses are low at 11K a year and that includes the taxes! Tenants pay all utilities except for water and sewer. Suggest interior painting/new carpets in the 5 units. The 6th first fl unit needs rehab (thinking handicapp accessable with possible grant money) Agents check private remarks!

Listing Details MLS# 24-912

Location, Tax & Legal

Street Number: 287
Street Name: Pierce
Street Suffix: Street
State: PA
Postal Code: 18704
County: Luzerne
MLS Area Major: Kingston-Forty Fort-Swoyersville
SchoolDistrict: Wyoming Valley West
Township: Kingston Boro
Subdivision Name: None
Zoning: Multi-Family
DB/Record Book: 3023

Listing Information

Listing Contract Date: 2024-03-04
Limited Service: No

Property Information

Property Sub Type: Multi Family
Building Area Total: 5000
Est Age Range: 76 - 100 Yrs
# Spaces off-Street: 6
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: No
Garage Type: None

Remarks Directions

Directions: From W-B drive over the Pierce St bridge travel 5 blocks property is on the left.

Status Change Information

Purchase Contract Date: 2024-07-22
Close Date: 2024-09-20
Close Price: 375000

Expenses

Annual Gross Income: 31500
Annual Water Exp: 3500
Annual Sewer Exp: 1500
Annual Real Est Tax: 5292
Annual Other Misc: 700
Annual Fire/Liabilty: 0
Annual Lawn Maint.: 0
Anl Net Inc b/4 Debt: 11000

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 5
# Bedrooms: 3
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Water in Rent: Y

Unit 5 Info

Unit #: 5
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Hot Sheet Comment: new

Interior Finish

Drywall: Yes
Paneling: Yes

Heat Type

Electric Baseboard: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Stucco: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Basement

Concrete Floor: Yes
Dirt Floor: Yes

MF Amenities

Porch: Yes

Property Features

Heat Fuel Type: Electric AC Type: Window Units Condition: Fair Hot Water Heater: Electric Basement: Full Unfinished

Listing Office: eXp Realty- Scranton/Wilkes-Barre

Listing Agent: Candice Nulton-Farrell

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

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MLS Listing