485 W Broad Street, Hazleton, PA 18201 (MLS# 24-5296)

485 W Broad Street, Hazleton, PA 18201

$449,900

Property Type: Residential Income Square Footage: 5,557 Status: Closed

Current Price: $449,900 List Date: 2/24/2025 Last Modified: 7/28/2025

Overview

Description

Investment opportunity in the heart of Hazleton! This renovated 6-unit building with positive cash flow. Conveniently located near Lehigh Valley Hospital, shopping centers, and colleges. Off-street parking for 10+ vehicles and electric heating paid by tenants, updated electrical, operational costs remain low. Rents below market. Schedule a private tour today!

Listing Details MLS# 24-5296

Location, Tax & Legal

Street Number: 485
Street Direction Prefix: W
Street Name: Broad
Street Suffix: Street
State: PA
Postal Code: 18201
County: Luzerne
MLS Area Major: Hazleton Area
SchoolDistrict: Hazleton
Township: Hazleton City
Subdivision Name: None
Zoning: Commercial
PIN #: 71-T8SW14-015-007-000
DB/Record Book: 03012
Page: 070329
Total County Assmnt: 247700
Est County Tax: 1523.89
Est Total Tax: 6168.7

Listing Information

Listing Contract Date: 2024-10-23

Property Information

Property Sub Type: Multi Family
Building Area Total: 5557
Est Age Range: 51 - 75 Yrs
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: West Broad st. across from Hazleton shopping center.

Status Change Information

Purchase Contract Date: 2025-04-11
Close Date: 2025-06-27

Expenses

Annual Gross Income: 65400
Annual Electric Exp: 2593.6
Annual Water Exp: 1691.49
Annual Sewer Exp: 2379
Annual Garbage Remvl: 845
Annual Real Est Tax: 6168.7
Annual Snow Removal: 175
Total Annl Expenses: 14658.79
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 1800
Annual Flood Ins: 0
Annual Lawn Maint.: 806
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 50741.21

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: Y
Approx SF: 750
Monthly Rent: 975
Kitchen Style: Semi-Modern
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 750
# Rooms: 4
Monthly Rent: 975
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 750
Monthly Rent: 950

Unit 4 Info

Unit #: 4
Approx SF: 750
# Rooms: 4
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 750
# Rooms: 2
Monthly Rent: 700
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 900
# Rooms: 4
Monthly Rent: 850
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 4 Stoves
Exclude: Tenants Personal Property
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes
Paneling: Yes

Heat Type

Electric Baseboard: Yes
Heat Pump: Yes

Condition

Very Good: Yes

AC Type

Window Units: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes

Basement

Slab: Yes
None: Yes

Property Features

Heat Fuel Type: Electric Heat Type: Heat Pump AC Type: Window Units Condition: Very Good Exterior: Brick Hot Water Heater: Electric Basement: Slab; None

Listing Office: eXp Realty- Scranton/Wilkes-Barre

Listing Agent: Endy Santos Rojas

Last Updated: July - 28 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing