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416-418 Carleton Avenue, Hazleton, PA 18201

$359,000
DSC01515 DSC01507 DSC01511 Unit 1 DSC01489 DSC01490 DSC01488 DSC01487 DSC01474 DSC01475 DSC01476 DSC01478 Unit 1 Bathroom Bedroom 1 DSC01481 DSC01482 Bedroom 2 Bedroom 3, 2nd floor DSC01498 DSC01496 DSC01495 DSC01499 Bedroom 1 DSC01502 DSC01503 Bedroom 2 DSC01460 DSC01461 DSC01466 (2) (1) Bedroom 1 Bedroom 2 DSC01469 DSC01471 DSC01472 DSC01512 DSC01513 DSC01473
Property Type: Residential Income Square Footage: 3,116 Status: Closed
Current Price: $359,000 List Date: 10/22/2024 Last Modified: 2/14/2025

Overview

Description

Discover a Prime Investment Opportunity in the Heart of Hazleton! This beautifully updated fourplex apartment is a rare gem situated in a charming neighborhood. Each unit boasts a thoughtful layout, ensuring your tenants will feel right at home and never want to leave. With 4 tenants already in place, this property is well-maintained and ready to generate revenue from day one.

Supplements: Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refriger ... (Read more) Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refrigerators and washer/dryers, and the property benefits from four separate electric meters, allowing tenants to pay their own utilities. This four-unit boasts a strong monthly income of $4,120, totaling a gross annual income of $49,440, this investment promises an impressive return. Detailed information is available upon request. Conveniently located, it's just a short drive to hospitals and local amenities, enhancing its appeal for residents. Don't miss your chance to own this exceptional property! Opportunities like this are rare, so schedule your showing today and secure your future in real estate!

Listing Details MLS# 24-5219

Location, Tax & Legal

Street Number
416-418
Street Name
Carleton
Street Suffix
Avenue
State
PA
Postal Code
18201
County
Luzerne
MLS Area Major
Hazleton Area
SchoolDistrict
Hazleton
Township
Hazleton City
Subdivision Name
None
Zoning
Apartment Residential
PIN #
71-U8NW31-005-005-000
DB/Record Book
3023
Page
217958
Total County Assmnt
128500
Est County Tax
793
Est Total Tax
3135
Tax Year
2021

Listing Information

Listing Contract Date
2024-10-22
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
3116
Year Built
1930
Est Age Range
76 - 100 Yrs
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None

Remarks Directions

Directions
Broad Street, left onto Poplar, right onto Carleton

Status Change Information

Purchase Contract Date
2024-10-24
Close Date
2025-01-14

Expenses

Annual Gross Income
49440
Annual Electric Exp
480
Annual Gas Exp
3940
Annual Water Exp
2902
Annual Sewer Exp
2213
Annual Real Est Tax
3388
Total Annl Expenses
15293
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
2370
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
34147

More Information

Appliances

# Ranges
4
# Refrigerators
4
# Washer
4
# Dryers
4

Unit 1 Info

Unit #
416
# Rooms
5
# Bedrooms
2
# Baths
Yes
Heat in Rent
Y
Hot Water in Rent
Y
Approx SF
674
Monthly Rent
850
Kitchen Style
Modern
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
N

Unit 2 Info

Unit #
416
Approx SF
674
# Rooms
5
Monthly Rent
1135
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
418
Approx SF
674
# Rooms
5
Monthly Rent
735
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
418
Approx SF
1094
# Rooms
7
Monthly Rent
1400
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
Refrigerator, washer and dryer in all units
Exclude
All tenants personal property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Hot Water Radiator
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes

MF Amenities

Deck
Yes
Porch
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator AC Type: None Condition: Good Hot Water Heater: Gas
Listing Office: One Valley Realty,LLC
Listing Agent: Josie Miller
Last Updated: February - 14 - 2025
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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