322-324 Front Street, Nanticoke, PA 18634 (MLS# 24-5033)

322-324 Front Street, Nanticoke, PA 18634

$600,000

Property Type: Residential Income Square Footage: 5,927 Status: Closed

Current Price: $600,000 List Date: 10/10/2024 Last Modified: 6/20/2025

Overview

Description

An incredible investment opportunity awaits!This fully rented 7-unit property in the Hanover section of Nanticoke is the perfect addition to your portfolio.The property consists of one building with 6 well-maintained rental units & a separate single-family home,also a common area w/ coin operated washer & dryer.Consistent cash flow w/ all units currently occupied.Gross annual income is $79,200.00

Listing Details MLS# 24-5033

Location, Tax & Legal

House # (1): 322-324
Street Name: Front
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 Rear
Zoning: Commercial
PIN #: K7S1010115A
DB/Record Book: 3023
Page: 133525
Total County Assmnt: 182400
Est County Tax: 1158.99
Est Total Tax: 4758.49

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: 5927
Est Age Range: 76 - 100 Yrs
Garage Type: None
# Spaces off-Street: Yes
Parking: Off-Street
Garage Stalls: No

Remarks Directions

Directions: From Middle Road roundabout take the 2nd exit on Espy St. go .4 miles turn left onto Front St. property on the left.

Status Change Information

Under Contract Date: 2025-03-17
Sold Date: 2025-05-20

Expenses

Annual Gross Income: 79200
Annual Electric Exp: 2000
Annual Gas Exp: 3400
Annual Water Exp: 3600
Annual Sewer Exp: 2500
Annual Garbage Remvl: 1580
Annual Real Est Tax: 4758.49
Annual Fire/Liabilty: 3250
Total Annl Expenses: 18163.49
Anl Net Inc b/4 Debt: 61036.51
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: 7
# Refrigerators: 7
# Washer: 2
# Dryers: 2

Unit 1 Info

Unit #: 322
Approx SF: 745
# Rooms: 4
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Semi-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 #: 322
Approx SF: 1161
# Rooms: 5
Monthly Rent: 1200
# Bedrooms: 3
Kitchen Style: Semi-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 #: 322
Approx SF: 825
# Rooms: 3
Monthly Rent: 645
# Bedrooms: Yes
Kitchen Style: Semi-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 4 Info

Unit #: 322
Approx SF: 800
# Rooms: 3
Monthly Rent: 645
# Bedrooms: Yes
Kitchen Style: Semi-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 5 Info

Unit #: 322
Approx SF: 840
# Rooms: 3
Monthly Rent: 875
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 324
Approx SF: 484
# Rooms: 3
Monthly Rent: 800
# 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: Y
Sewer in Rent: Y

Unit 7 Info

Unit #: 324
Approx SF: 1407
# Rooms: 5
Monthly Rent: 1100
# 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

Remarks & Directions

Include: 7 Refrigerators,7 Ranges,Coin operated washer & dryer and washer and dryer in single family home
Exclude: Personal property
Hot Sheet Comment: price

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Forced Air: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes

Basement

Full Unfinished: Yes

MF Amenities

Coin-Op Washer/Dryer: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Forced Air AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Electric Basement: Full Unfinished MF Amenities: Coin-Op Washer/Dryer

Listing Office: Classic Properties Back Mountain

Listing Agent: Heidi Kozlowski

Last Updated: June - 20 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing