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300 Market Street, Kingston, PA 18704

$3,050,000
M54-1 M54-2 M54-9 M54-10 M54-11 (1) M54-11 M54-12 (1) M54-12 M54-13 M54-14 M54-15 (1) M54-15 M54-18 M54-19 M54-23
Property Type: Residential Income Square Footage: 14,250 Status: Closed
Current Price: $3,050,000 List Date: 1/28/2025 Last Modified: 9/12/2025

Overview

Description

This 17-unit apartment building in Kingston, PA, offers a rare investment opportunity with a strong income potential. Fully remodeled from the studs up, the property features brand-new plumbing, electrical, and mechanical systems, along with energy-efficient materials, appliances, and fixtures for low maintenance and sustainability. Ideally located near shopping, dining, Kirby Park, and just a

Supplements: mile from Wilkes University and Kings College, the building appeals to tenants seeking a convenient downtown lifestyle.

Listing Details MLS# 25-402

Location, Tax & Legal

House # (1)
300
Street Name
Market
Street Suffix
Street
City (Post Office)
Kingston
State/Province
PA
Zip Code
18704
County
Luzerne
MLS Area
Kingston-Forty Fort-Swoyersville
School District
Wyoming Valley West
Municipality
Kingston Boro
Develop/Subdivision
None
Zoning
Commercial
PIN #
H900A003-34
DB/Record Book
3023
Page
54503
Total County Assmnt
421300
Est County Tax
2676.98
Est Total Tax
11115.92

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
14250
Est Age Range
76 - 100 Yrs
Garage Stalls
No

Remarks Directions

Directions
Wyoming Ave to Market, property on right.

Status Change Information

Under Contract Date
2025-04-21
Sold Date
2025-08-12

Expenses

Annual Gross Income
327000
Annual Electric Exp
2500
Annual Water Exp
11400
Annual Sewer Exp
4044
Annual Garbage Remvl
3600
Annual Real Est Tax
11116
Annual Fire/Liabilty
9000
Annual Snow Removal
5000
Total Annl Expenses
46660
Anl Net Inc b/4 Debt
280340
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
845
# Rooms
3
Monthly Rent
1650
# Bedrooms
Yes
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 2 Info

Unit #
2
Approx SF
903
# Rooms
4
Monthly Rent
1900
# 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 #
3
Approx SF
796
# Rooms
3
Monthly Rent
1450
# Bedrooms
Yes
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 #
4
Approx SF
567
# Rooms
3
Monthly Rent
1350
# Bedrooms
Yes
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 5 Info

Unit #
5
Approx SF
779
# Rooms
3
Monthly Rent
1500
# Bedrooms
Yes
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 6 Info

Unit #
101
Approx SF
482
# Rooms
3
Monthly Rent
1200
# Bedrooms
Yes
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 7 Info

Unit #
102
Approx SF
945
# Rooms
4
Monthly Rent
1950
# Bedrooms
2
Kitchen Style
Modern
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 8 Info

Unit #
103
Approx SF
609
# Rooms
3
Monthly Rent
1550
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 9 Info

Unit #
104
Approx SF
873
# Rooms
4
Monthly Rent
1950
# 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 10 Info

Unit #
105
Approx SF
1033
# Rooms
4
Monthly Rent
2050
# 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

Remarks & Directions

Include
Appliances
Hot Sheet Comment
price

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes

Heat Type

Forced Air
Yes

Condition

Excellent
Yes

AC Type

Central
Yes

Water

Public
Yes

Exterior

Stucco
Yes

Sewer

Public
Yes

Roof

Rubber
Yes

Basement

Concrete Floor
Yes
Full-Finished
Yes

Property Features

Heat Fuel Type: Electric Heat Type: Forced Air AC Type: Central Condition: Excellent Exterior: Stucco Roof: Rubber Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor; Full-Finished
Listing Office: Classic Properties Kingston
Listing Agent: Charles Kasko
Last Updated: September - 12 - 2025
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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