5 Adams Street, Hanover Township, PA 18706 (MLS# 22-2409)

5 Adams Street, Hanover Township, PA 18706

$439,900

Property Type: Residential Income Square Footage: 5,987 Status: Closed

Current Price: $439,900 List Date: 5/29/2022 Last Modified: 9/12/2024

Overview

Description

Rare 7 UNIT property located in the buttonwood section of hanover township. Could be the cash flow machine you've been looking for! Even has its own private off street parking lot and detached two car garage. Value add opportunities include increasing rents to market value and renting the garage spaces for extra income. Property could be grossing almost 75k annually!! Call today!

Listing Details MLS# 22-2409

Location, Tax & Legal

House # (1): 5
Street Name: Adams
Street Suffix: Street
City (Post Office): Hanover Township
State/Province: PA
Zip Code: 18706
County: Luzerne
MLS Area: Ashley-Nanticoke-Hanover Twp
School District: Hanover
Municipality: Hanover Twp
Develop/Subdivision: None
House # (2): 3
Zoning: Multi-Family
PIN #: I8S1026014, I8S101802A, I8S1026015
DB/Record Book: 3008
Page: 164945
Total County Assmnt: 177400
Est County Tax: 1094
Est Total Tax: 5400.7
Tax Year: 2022

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 5987
Est Age Range: 51 - 75 Yrs
Garage Stalls: 2
Garage Type: Detached
# Spaces off-Street: 10
Parking: Off-Street

Remarks Directions

Directions: From San Sauci Parkway Make a left on Main Rd and then a left on Adams St.

Status Change Information

Under Contract Date: 2022-06-17
Sold Date: 2022-09-16

Expenses

Annual Gross Income: 74040
Annual Gas Exp: 6500
Annual Water Exp: 6720
Annual Sewer Exp: 2100
Annual Real Est Tax: 5359
Annual Fire/Liabilty: 2727
Total Annl Expenses: 23406
Anl Net Inc b/4 Debt: 50635
Annual Electric Exp: 0
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 7
# Refrigerators: 7

Unit 1 Info

Unit #: Yes
Approx SF: 680
# Rooms: 4
Monthly Rent: 850
# Bedrooms: Yes
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 2 Info

Unit #: 2
Approx SF: 760
# Rooms: 5
Monthly Rent: 1190
# Bedrooms: 2
Kitchen Style: Modern
# 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

Unit 3 Info

Unit #: 3
Approx SF: 600
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 675
# Rooms: 3
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 970
# Rooms: 6
Monthly Rent: 1000
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 675
# Rooms: 3
Monthly Rent: 780
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 7 Info

Unit #: 7
Approx SF: 640
# Rooms: 3
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 7 stoves 7 refrigerators
Exclude: tenants personal property
Hot Sheet Comment: new

Showing Instructions

Other - See Remarks: Yes

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Forced Air: Yes
Hot Water Baseboard: Yes
Combination: Yes

Condition

Very Good: Yes

AC Type

Wall Units: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Full Unfinished: Yes
Full-Finished: Yes

MF Amenities

Porch: Yes
Shed/Storage Bldg: Yes
Other - See Remarks: Yes

Property Features

Showing Instructions: Other - See Remarks Heat Fuel Type: Gas Heat Type: Combination; Hot Water Baseboard; Forced Air AC Type: Wall Units Condition: Very Good Exterior: Aluminum; Vinyl Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Basement: Full-Finished; Full Unfinished MF Amenities: Porch; Shed/Storage Bldg; Other - See Remarks

Listing Office: RPA Real Estate

Listing Agent: Nicholas Weckstein

Last Updated: September - 12 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing