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: 7/25/2026

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
DB/Record Book
03012

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
Close Price
445000

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 Fire/Liabilty
1800
Annual Lawn Maint.
806
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
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3

Unit 4 Info

Unit #
4
Water in Rent
Y
Sewer in Rent
Y

Unit 5 Info

Unit #
5
Water in Rent
Y
Sewer in Rent
Y

Unit 6 Info

Unit #
6
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
new

Interior Finish

Drywall
Yes
Paneling
Yes

Heat Type

Electric Baseboard
Yes

Water

Public
Yes

Sewer

Public
Yes

Roof

Comp Shingle
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 - 25 - 2026
Information deemed reliable but not guaranteed.
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