40 Madison, Wilkes-Barre, PA 18705

$210,000
Property Type: Residential Income Square Footage: 3,000 Status: Closed
Current Price: $210,000 List Date: 8/27/2024 Last Modified: 1/31/2025

Overview

Description

Updated and well maintained du[lex in Wilkes Barre. Fully rented, tenants pay electric and gas. Nice investment property!

Listing Details MLS# 24-1669

Location, Tax & Legal

Street Number
40
Street Name
Madison
State
PA
Postal Code
18705
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
House # (2)
42
Zoning
Multi-Family
PIN #
73161571D24
DB/Record Book
3021
Page
282040
Total County Assmnt
34300
Est County Tax
500
Est Total Tax
3200
Tax Year
2023

Listing Information

Listing Contract Date
2024-04-16

Property Information

Property Sub Type
Duplex
Building Area Total
3000
Est Age Range
51 - 75 Yrs
Realtor.COM Type
Multi-Family
Style
Duplex (Up & Down)

Remarks Directions

Directions
Wilkes Barre Blvd to N. Washington Street, home on left.

Status Change Information

Purchase Contract Date
2024-12-10
Close Date
2024-12-31

Expenses

Annual Gross Income
25800
Annual Real Est Tax
3200
Total Annl Expenses
3200
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
22600

More Information

Unit 1 Info

Unit #
40
# Rooms
5
# Bedrooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
1500
Monthly Rent
1300
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 2 Info

Unit #
42
Approx SF
1500
# Rooms
5
Monthly Rent
850
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
2
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

Showing Instructions

Other - See Remarks
Yes

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full Unfinished
Yes

Property Features

Heat Fuel Type: Electric AC Type: None Condition: Good Basement: Full Unfinished
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.
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