Current Price:$400,000List Date:5/01/2021Last Modified:7/25/2026
Overview
Description
Prime location, 8 unit apartment building in Historic Hazleton, Cap Rate of 10.2%. 4- 1 bedroom apartments, 2-2 bedroom apartments, and 2-3 bedroom units. Spacious easy to rent. A new flat roof in 2015. Net Income is $40,871.07. See Cash Flow report attached. Pre-qualification documents or proof of funds required before viewing.
Listing Details MLS# 20-5374
Location, Tax & Legal
House # (1)
438
Street Direction Pfx
W
Street Name
Broad
Street Suffix
Street
City (Post Office)
Hazleton
State/Province
PA
Zip Code
18201
County
Luzerne
MLS Area
Hazleton Area
School District
Hazleton
Municipality
Hazleton City
Develop/Subdivision
None
Property Information
Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
3920
Year Built
1960
Est Age Range
51 - 75 Yrs
Remarks Directions
Directions
Exit 162 off if I 80; left after exit exit; approx 6 miles to right on W Broad, Street
Status Change Information
Under Contract Date
2021-06-02
Sold Date
2021-08-26
Expenses
Annual Gross Income
65000
Annual Electric Exp
2500
Annual Water Exp
1740
Annual Sewer Exp
5260
Annual Real Est Tax
3200
Annual Fire/Liabilty
5000
Annual Lawn Maint.
300
Annual Snow Removal
300
Total Annl Expenses
25400
More Information
Unit 1 Info
Unit #
Yes
Approx SF
800
# Rooms
3
Monthly Rent
670
# Bedrooms
2
Kitchen Style
Ordinary
# 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 #
2
Approx SF
800
# Rooms
4
Monthly Rent
800
# Bedrooms
3
Kitchen Style
Ordinary
# 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
Approx SF
700
Monthly Rent
710
# Bedrooms
2
# Baths
Yes
Unit 4 Info
Unit #
4
Approx SF
800
Monthly Rent
810
# Bedrooms
3
# Baths
Yes
Unit 5 Info
Unit #
5
Approx SF
500
Monthly Rent
625
# Bedrooms
Yes
# Baths
Yes
Unit 6 Info
Unit #
6
Approx SF
500
# Rooms
Yes
Monthly Rent
575
# Baths
Yes
Unit 7 Info
Unit #
7
Approx SF
500
Monthly Rent
575
# Bedrooms
Yes
# Baths
Yes
Unit 8 Info
Unit #
8
Approx SF
500
Monthly Rent
625
# Bedrooms
Yes
# Baths
Yes
Property Features
Heat Fuel Type:ElectricHeat Type:Hot Water BaseboardAC Type:NoneCondition:FairExterior:VinylRoof:RubberInterior Finish:DrywallWater:PublicSewer:PublicHot Water Heater:ElectricBasement:Concrete Floor