Current Price:$600,000List Date:10/10/2024Last Modified:7/25/2026
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
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
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
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
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:GasHeat Type:Forced AirAC Type:NoneCondition:Very GoodExterior:VinylRoof:Comp ShingleInterior Finish:DrywallWater:PublicSewer:PublicHot Water Heater:ElectricBasement:Full UnfinishedMF Amenities:Coin-Op Washer/Dryer