38 Abbott Street, Plains, PA 18705

$490,000
Property Type: Residential Income Square Footage: 3,572 Status: Closed
Current Price: $490,000 List Date: 2/10/2025 Last Modified: 5/01/2025

Overview

Description

All modern 5-unit apartment building in excellent condition! Incredible opportunity for long term investment. Terrific Plains Township location close to all amenities. Apartments range from 1 to 3 bedrooms. Rear detached home offers garage in lower level for tenant use. Ample paved off-street parking. Building was extensively remodeled in 2015. Tenants are responsible for all utilities.

Listing Details MLS# 25-596

Location, Tax & Legal

House # (1)
38
Street Name
Abbott
Street Suffix
Street
City (Post Office)
Plains
State/Province
PA
Zip Code
18705
County
Luzerne
MLS Area
Plains Twp-WB Twp-Bear Creek Laflin
School District
Wilkes-Barre
Municipality
Plains Twp
Develop/Subdivision
None
House # (2)
40
Zoning
Residential
PIN #
G10NE4030012-50
DB/Record Book
3016
Page
23718
Total County Assmnt
143000
Est County Tax
908.64
Est Total Tax
3826.29

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Aprx Total SF
3572
Year Built
Yes
Est Age Range
51 - 75 Yrs
Garage Stalls
Yes
Garage Type
Built-in
# Spaces off-Street
10
Parking
Off-Street

Remarks Directions

Directions
From S River St, head on Maffett St, Then right onto Abbott St, House is on the left

Status Change Information

Under Contract Date
2025-02-14
Sold Date
2025-03-31

Expenses

Annual Gross Income
545540
Annual Sewer Exp
2641.71
Annual Real Est Tax
3826.29
Annual Fire/Liabilty
1391.36
Annual Lawn Maint.
530
Annual Snow Removal
150
Total Annl Expenses
8539.36
Anl Net Inc b/4 Debt
46000.64
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
818
# Rooms
5
Monthly Rent
995
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
816
# Rooms
5
Monthly Rent
750
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
866
# Rooms
4
Monthly Rent
995
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
816
# Rooms
4
Monthly Rent
850
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 5 Info

Unit #
5
Approx SF
992
# Rooms
5
Monthly Rent
1100
# Bedrooms
3
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
Y

Remarks & Directions

Include
Appliances owned by the landlord, which include most already in place in the apartments.
Exclude
Tenants property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Dirt Floor
Yes
Full Unfinished
Yes

MF Amenities

Deck
Yes
Porch
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Dirt Floor; Full Unfinished MF Amenities: Deck; Porch
Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS
Listing Agent: Edmund H Poggi IV
Last Updated: May - 01 - 2025
Information deemed reliable but not guaranteed.
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