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
Zoning
Apartment Residential
PIN #
71T8SW14007012000
DB/Record Book
20070005794094
Page
20070005794094
Total County Assmnt
136400
Est County Tax
1516.48
Est Total Tax
3144.46
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
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Flood Ins
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
0
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
Remarks & Directions
Hot Sheet Comment
new
Heat Fuel Type
Electric
Yes
Interior Finish
Drywall
Yes
Heat Type
Hot Water Baseboard
Yes
Condition
Fair
Yes
AC Type
None
Yes
Water
Public
Yes
Exterior
Vinyl
Yes
Sewer
Public
Yes
Roof
Rubber
Yes
Hot Water Heater
Electric
Yes
Basement
Concrete Floor
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