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316 E Union Street, Nanticoke, PA 18634

$549,000
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Property Type: Residential Income Square Footage: 5,200 Status: Closed
Current Price: $549,000 List Date: 7/31/2025 Last Modified: 10/06/2025

Overview

Description

Excellent investment with solid cash flow and rate of return set on it's own mini campus in Nanticoke. There are 6 total units spread over 3 homes, a 2-3 car garage, and off street parking for 5-6 vehicles. All utilities are separated. Excellent rental history with upside! Total taxes include all parcels.

Listing Details MLS# 25-3804

Location, Tax & Legal

House # (1)
316
Street Direction Pfx
E
Street Name
Union
Street Suffix
Street
City (Post Office)
Nanticoke
State/Province
PA
Zip Code
18634
County
Luzerne
MLS Area
Ashley-Nanticoke-Hanover Twp
School District
Nanticoke
Municipality
Nanticoke City
Develop/Subdivision
None
House # (2)
324
Zoning
Residential
PIN #
3 PINS: 42-J7SE1-022-039-000 / 000/02 / 000/03
DB/Record Book
03018
Page
048195
Total County Assmnt
255500
Est County Tax
1623.47
Est Total Tax
6665.54
Tax Year
2025

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
5200
Est Age Range
76 - 100 Yrs
Garage Stalls
2
Garage Type
Detached
# Spaces off-Street
6
Parking
Off-Street

Remarks Directions

Directions
From Main St in Nanticoke, turn onto Kosciuszko St. Turn right onto E Union St - properties are on your right.

Status Change Information

Under Contract Date
2025-08-05
Sold Date
2025-09-05

Expenses

Annual Gross Income
63000
Annual Electric Exp
300
Annual Sewer Exp
2120.17
Annual Garbage Remvl
2370
Annual Real Est Tax
6665.54
Annual Fire/Liabilty
3953
Annual Other Misc
210
Total Annl Expenses
15642
Anl Net Inc b/4 Debt
47358
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0

More Information

Unit 1 Info

Unit #
3161
Approx SF
700
# Rooms
3
Monthly Rent
950
# Bedrooms
Yes
Kitchen Style
Semi-Modern
# 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 #
3162
Approx SF
700
# Rooms
3
Monthly Rent
850
# Bedrooms
Yes
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 3 Info

Unit #
3241
Approx SF
600
# Rooms
3
Monthly Rent
800
# Bedrooms
Yes
Kitchen Style
Semi-Modern
# 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 4 Info

Unit #
3242
Approx SF
600
# Rooms
3
Monthly Rent
750
# Bedrooms
Yes
Kitchen Style
Semi-Modern
# 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 5 Info

Unit #
326
Approx SF
1075
# Rooms
6
Monthly Rent
1100
# Bedrooms
3
Kitchen Style
Semi-Modern
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 6 Info

Unit #
328
Approx SF
800
# Rooms
4
Monthly Rent
800
# 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
N
Sewer in Rent
Y

Remarks & Directions

Include
Landlord owned appliances
Exclude
Tenant Personal items
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Paneling
Yes

Heat Type

Hot Water Baseboard
Yes
Steam
Yes
Combination
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Combination; Hot Water Baseboard; Steam AC Type: None Condition: Good Exterior: Aluminum; Vinyl Roof: Comp Shingle Interior Finish: Drywall; Paneling Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished
Listing Office: Lewith & Freeman, Kingston
Listing Agent: Carmen Winters
Last Updated: October - 06 - 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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