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37-39 Pierce Street, Kingston, PA 18704

$550,000
123A2431_2_3Detailed-Edit 123A2434_5_6Detailed-Edit 123A2437_8_9Detailed-Edit 123A2440_1_2Detailed-Edit 123A2443_4_5Detailed-Edit 123A2452_3_4Detailed-Edit 123A2655_6_7Detailed Unit 1 (1) Unit 1 (2) Unit 1 (3) Unit 1 (4) Unit 1 Unit 2 (1) Unit 2 (2) Unit 2 (3) Unit 2 (4) Unit 2 (5) Unit 2 (6) Unit 2 (7) Unit 2 (8) Unit 2 (9) Unit 2 (10) Unit 2 Unit 3 (1) Unit 3 (2) Unit 3 (3) Unit 3 (4) Unit 3 (5) Unit 3 (6) Unit 3 (7) Unit 3 (8) Unit 3 (9) Unit 3 Unit 4 (1) Unit 4 (2) Unit 4 (3) Unit 4 Unit 5 (1) Unit 5 (2) Unit 5 (3) Unit 5 (4) Unit 5
Property Type: Residential Income Square Footage: 3,653 Status: Active
Current Price: $550,000 List Date: 2/04/2026 Last Modified: 2/11/2026

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.

More Information MLS# 26-410

Listing Information

Limited Service: No Current Price: $550,000 List Price: $550,000 List Date: 2026-02-02

Property Information

Realtor.COM Type: Multi-Family Est Age Range: 76 - 100 Yrs Lot Size: 40'x105'x39.72'x105' +/- Property Sub Type: Multi Family Aprx Total SF: 3653

Location, Tax & Legal

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 House # (1): 37-39 Street Name: Pierce 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

Remarks & Directions

Hot Sheet Comment: price

Expenses

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

Heat Fuel Type

Gas: 1

Interior Finish

Drywall: 1

Heat Type

Electric Baseboard: 1 Forced Air: 1

Condition

Very Good: 1

AC Type

Window Units: 1 None: 1

Water

Public: 1

Exterior

Vinyl: 1

Sewer

Public: 1

Roof

Asbestos Shingles: 1

Basement

Slab: 1

Unit 1 Info

Unit #: 1 Approx SF: 1100 # Rooms: 5 Monthly Rent: 975 # Bedrooms: 2 Kitchen Style: Modern # Baths: 1 Lease: Y Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: N

Unit 2 Info

Unit #: 1 Approx SF: 1100 # Rooms: 5 Monthly Rent: 1100 # Bedrooms: 2 Kitchen Style: Modern # Baths: 1 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: 1 # Baths: 1 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: 1 Kitchen Style: Modern # Baths: 1 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: 1 Kitchen Style: Modern # Baths: 1 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

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

Status: Active

Property Features

Heat Fuel Type: Gas Heat Type: Electric Baseboard; Forced Air AC Type: Window Units; None Condition: Very Good Exterior: Vinyl Roof: Asbestos Shingles Interior Finish: Drywall Water: Public Sewer: Public Basement: Slab
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: February - 11 - 2026
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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142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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