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374 S River Street, Wilkes-Barre, PA 18702

$264,900
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Property Type: Residential Income Square Footage: 5,712 Status: Closed
Current Price: $264,900 List Date: 2/24/2020 Last Modified: 9/11/2024

Overview

Description

GORGEOUS FULLY RENTED 4 UNIT IN HISTORIC DOWNTOWN WILKES-BARRE WITH GREAT NET INCOME*LOTS OF REFINISHED HARDWOODS FLOORS THROUGHOUT*NEW HIGH EFFICIENCY HEATING SYSTEMS, NEW UPDATED ELECTRIC, LOTS OF NEW PLUMBING, UPDATED KITCHENS, SOME UPDATED BATHROOMS, NEW PAINT, PARTIAL NEW MAIN ROOF AND NEW ROOF ON GARAGE*ENDLESS RENOVATIONS COMPLETED*SOME RECENTLY NEW HOT WATER HEATERS*2 CAR GARAGE -

Supplements: AND OFF STREET PARKING FOR UP TO 8 CARS* LOCATED WITHIN WALKING DISTANCE TO WILKES UNIVERSITY, CENTER CITY, SHOPPING, ENTERTAINMENT, RESTAURANTS, ETC.. ALL THE HARD WORK HAS BEEN DONE NOW JUST ENJOY THE CASH FLOW!

Listing Details MLS# 19-6816

Location, Tax & Legal

Street Number
374
Street Direction Prefix
S
Street Name
River
Street Suffix
Street
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
Zoning
Multi-Family
PIN #
73-H9SE4-009-009-000
DB/Record Book
3007
Page
316124
Total County Assmnt
148600
Est County Tax
912.97
Est Total Tax
4916.62
Tax Year
2020

Listing Information

Listing Contract Date
2020-01-07
Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Building Area Total
5712
Year Built
1923
Est Age Range
76 - 100 Yrs
# Spaces off-Street
8
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Garage Stalls
2
Garage Type
Detached

Remarks Directions

Directions
FROM PUBLIC SQUARE: W ON E MARKET ST, L ON S RIVER ST, PASS WILKES UNIVERSITY, PROPERTY ON THE LEFT.

Status Change Information

Purchase Contract Date
2020-01-22
Close Date
2020-02-27

Expenses

Annual Gross Income
47700
Annual Electric Exp
1080
Annual Gas Exp
1440
Annual Water Exp
900
Annual Sewer Exp
900
Annual Real Est Tax
4916.62
Annual Other Misc
1668
Total Annl Expenses
10904.62
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Anl Net Inc b/4 Debt
36795.38

More Information

Appliances

# Ranges
4
# Refrigerators
4
# Dishwashers
Yes
# Washer
4
# Dryers
4

Unit 1 Info

Unit #
Yes
# Rooms
4
# Bedrooms
Yes
# Baths
Yes
Heat in Rent
Y
Hot Water in Rent
Y
Approx SF
816
Monthly Rent
650
Kitchen Style
Modern
Lease
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
3264
# Rooms
11
Monthly Rent
2130
# Bedrooms
6
Kitchen Style
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 3 Info

Unit #
3
Approx SF
816
# Rooms
4
Monthly Rent
585
# 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
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
816
# Rooms
4
Monthly Rent
610
# 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
Y
Sewer in Rent
Y

Remarks & Directions

Include
4 WASHERS, 4 DRYERS, 4 REFRIGERATORS AND 4 STOVES. 1 DISHWASHER.
Hot Sheet Comment
new

Showing Instructions

Contact Showing Service - See Remarks
Yes

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Heat Type

Forced Air
Yes

Condition

Very Good
Yes

AC Type

Window Units
Yes

Water

Public
Yes

Exterior

Brick
Yes
Metal
Yes
Stucco
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes
Gas
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

MF Amenities

Porch
Yes
Street Lights
Yes
Other - See Remarks
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas AC Type: Window Units Condition: Very Good Exterior: Brick; Metal Hot Water Heater: Electric; Gas Basement: Full Unfinished
Listing Office: BHHS Homesale Realty
Listing Agent: Ken Kirchoff
Last Updated: September - 11 - 2024
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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Blakeslee, PA 18610

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