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: 10/21/2024

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
PIN #
34-H9NE2-003-012-000
DB/Record Book
3023
Page
115375
Total County Assmnt
156000
Est County Tax
962.46
Est Total Tax
5292.46

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

Expenses

Annual Gross Income
31500
Annual Water Exp
3500
Annual Sewer Exp
1500
Annual Real Est Tax
5292
Annual Other Misc
700
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Garbage Remvl
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Total Annl Expenses
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
Approx SF
450
Monthly Rent
750
Kitchen Style
Semi-Modern
Lease
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
500
# Rooms
4
Monthly Rent
700
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
500
# Rooms
4
Monthly Rent
600
# Bedrooms
Yes
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
1500
# Rooms
7
Monthly Rent
600
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y

Unit 5 Info

Unit #
5
Approx SF
350
# Rooms
4
Monthly Rent
600
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Sewer in Rent
Y

Unit 6 Info

Unit #
6
Approx SF
1500
# Rooms
2
Monthly Rent
0
Kitchen Style
Ordinary
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
Agent will provide a list.
Exclude
Tenants personal property .
Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes
Paneling
Yes

Heat Type

Electric Baseboard
Yes

Condition

Fair
Yes

AC Type

Window Units
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Stucco
Yes

Sewer

Public
Yes

Roof

Rubber
Yes

Hot Water Heater

Electric
Yes

Basement

Concrete Floor
Yes
Dirt Floor
Yes
Full Unfinished
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: October - 21 - 2024
Information deemed reliable but not guaranteed.
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