37-39 Pierce Street, Kingston, PA 18704 (MLS# 26-410)

37-39 Pierce Street, Kingston, PA 18704

$550,000

Property Type: Residential Income Square Footage: 3,653 Status: Closed

Current Price: $550,000 List Date: 2/04/2026 Last Modified: 5/22/2026

Overview

Description

Fully occupied 5-unit multifamily located in Kingston, PA, offering immediate cash flow and strong fundamentals. All five units are currently leased with tenants paying the majority of utilities, keeping operating expenses low and margins strong. This is a true turnkey investment with stable in-place income from day one. Ideal for investors seeking a hands-off asset.

Listing Details MLS# 26-410

Location, Tax & Legal

Street Number: 37-39
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: Apartment Residential
PIN #: 34-G9SE4-006-12A-000
DB/Record Book: 3006
Page: 172926
Total County Assmnt: 98100
Est County Tax: 623
Est Total Tax: 2588

Listing Information

Listing Contract Date: 2026-02-02
Limited Service: No

Property Information

Property Sub Type: Multi Family
Building Area Total: 3653
Est Age Range: 76 - 100 Yrs
Realtor.COM Type: Multi-Family

Remarks Directions

Directions: Head toward Norris St. Turn right onto Norris St. Turn left onto Market St. Turn right onto Rutter Ave. Turn left onto Pierce St.

Status Change Information

Purchase Contract Date: 2026-03-17
Close Date: 2026-04-21

Expenses

Annual Gross Income: 61800
Annual Electric Exp: 420
Annual Gas Exp: 4000
Annual Real Est Tax: 2588
Total Annl Expenses: 9153
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Fire/Liabilty: 4145
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 50647

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 5
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 1100
Monthly Rent: 975
Kitchen Style: Modern
Lease: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 2 Info

Unit #: Yes
Approx SF: 1100
# Rooms: 5
Monthly Rent: 1100
# 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: N
Sewer in Rent: N

Unit 3 Info

Unit #: 3
# Rooms: 4
Monthly Rent: 1000
# Bedrooms: Yes
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 4 Info

Unit #: 4
# Rooms: 4
Monthly Rent: 1075
# 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: N
Sewer in Rent: N

Unit 5 Info

Unit #: 5
# Rooms: 4
Monthly Rent: 1000
# 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: N
Sewer in Rent: N

Remarks & Directions

Hot Sheet Comment: price

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes
Forced Air: Yes

Condition

Very Good: Yes

AC Type

Window Units: Yes
None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Asbestos Shingles: Yes

Basement

Slab: Yes

Property Features

Heat Fuel Type: Gas AC Type: Window Units; None Condition: Very Good Exterior: Vinyl Basement: Slab

Listing Office: Steel City Realty

Listing Agent: Jennifer de Jesus

Last Updated: May - 22 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing