37-39 Pierce Street, Kingston, PA 18704 (MLS# 26-410) - McDermott & McDermott Real Estate, Inc.

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

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

Current Price: $550,000 List Date: 2/04/2026 Last Modified: 7/25/2026

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

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

Listing Information

Limited Service: No

Property Information

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

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

Under Contract Date: 2026-03-17
Sold Date: 2026-04-21

Expenses

Annual Gross Income: 61800
Annual Electric Exp: 420
Annual Gas Exp: 4000
Annual Real Est Tax: 2588
Annual Fire/Liabilty: 4145
Total Annl Expenses: 9153
Anl Net Inc b/4 Debt: 50647

More Information

Unit 1 Info

Unit #: Yes
Approx SF: 1100
# Rooms: 5
Monthly Rent: 975
# 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 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

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: July - 25 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

© 2026 McDermott & McDermott Real Estate, Inc. • Powered by Zoinks! Graphics