471-473 N River Street, Wilkes-Barre, PA 18702 (MLS# 24-4166)

471-473 N River Street, Wilkes-Barre, PA 18702

$350,000

Property Type: Residential Income Square Footage: 5,000 Status: Closed

Current Price: $350,000 List Date: 8/25/2024 Last Modified: 12/14/2024

Overview

Description

Are you an investor looking to add 4 units to your portfolio? Ideally located near General Hospital and King's College, this deal consists of 2 buildings: 3-unit building in front and a single-family home in rear. All gas-heat, tenants pay all utilities except water and sewer. Off-street parking, fenced yard and in-ground pool. Gross rents currently combine for close to $50,000 per year!

Listing Details MLS# 24-4166

Location, Tax & Legal

Street Number: 471-473
Street Direction Prefix: N
Street Name: River
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Multi-Family
PIN #: H10NW1005028-73
DB/Record Book: 3007
Page: 101952
Total County Assmnt: 167100
Est County Tax: 1061.77
Est Total Tax: 4984.28
Tax Year: 2024

Listing Information

Listing Contract Date: 2024-08-24
Limited Service: No

Property Information

Property Sub Type: Multiple Buildings
Building Area Total: 5000
Est Age Range: 76 - 100 Yrs
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Garage Stalls: No
Garage Type: None

Remarks Directions

Directions: Cross Valley to River Street exit. Head towards Wilkes-Barre General hospital. Continue past hospital. Property on left.

Status Change Information

Purchase Contract Date: 2024-09-04
Close Date: 2024-11-13

Expenses

Annual Gross Income: 47400
Annual Water Exp: 3600.94
Annual Sewer Exp: 700
Annual Real Est Tax: 4984.28
Total Annl Expenses: 10548.22
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 1263
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 36851.78

More Information

Appliances

# Ranges: 4
# Refrigerators: 4

Unit 1 Info

Unit #: 4
# Rooms: 7
# Bedrooms: 4
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 1500
Monthly Rent: 1500
Kitchen Style: Semi-Modern
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: Yes
Approx SF: 1000
# Rooms: 5
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 2
Approx SF: 1000
# Rooms: 6
Monthly Rent: 0
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 3
Approx SF: 500
# Rooms: 2
Monthly Rent: 650
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Hot Sheet Comment: new

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Forced Air: Yes

Condition

Good: Yes

AC Type

Window Units: Yes

Water

Public: Yes

Exterior

Aluminum: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Concrete Floor: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas AC Type: Window Units Condition: Good

Listing Office: Century 21 Signature Properties

Listing Agent: Ron Wilson/JenineFinarelli Team

Last Updated: December - 14 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing