50 E CHESTNUT Street, Wilkes-Barre, PA 18705 (MLS# 21-1005)

50 E CHESTNUT Street, Wilkes-Barre, PA 18705

$235,000

Property Type: Residential Income Square Footage: 6,000 Status: Closed

Current Price: $235,000 List Date: 3/17/2021 Last Modified: 9/12/2024

Overview

Description

8 UNIT INVESTMENT BUILDING FULLY OCCUPIED. 5 CAR GARAGE. TENANT OCCUPIED 48 HOUR NOTICE FOR SHOWINGS.

Listing Details MLS# 21-1005

Location, Tax & Legal

Street Number: 50
Street Direction Prefix: E
Street Name: CHESTNUT
Street Suffix: Street
State: PA
Postal Code: 18705
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
House # (2): 54
Zoning: Commercial
PIN #: 73-H10NW2-020-017-000
DB/Record Book: 03017
Page: 001908
Total County Assmnt: 34700
Est County Tax: 1242.31
Est Total Tax: 6008

Listing Information

Listing Contract Date: 2021-03-17

Property Information

Property Sub Type: Multi Family
Building Area Total: 6000
Est Age Range: 76 - 100 Yrs
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: 4
Garage Type: Detached

Remarks Directions

Directions: NORTH ON N. MAIN ST RIGHT E CHESTNUT ST. PROPERTY ON LEFT.

Status Change Information

Purchase Contract Date: 2021-03-24
Close Date: 2021-05-12

Expenses

Annual Gross Income: 54420
Annual Electric Exp: 2000
Annual Gas Exp: 1200
Annual Water Exp: 4500
Annual Sewer Exp: 2870
Annual Garbage Remvl: 318
Annual Real Est Tax: 6008
Annual Snow Removal: 400
Annual Other Misc: 1200
Total Annl Expenses: 21721
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 3100
Annual Flood Ins: 0
Annual Lawn Maint.: 125
Anl Net Inc b/4 Debt: 32699

More Information

Appliances

# Ranges: 8
# Refrigerators: 8

Unit 1 Info

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

Unit 2 Info

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

Unit 3 Info

Unit #: 3
Approx SF: 500
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Ordinary
# 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

Unit 4 Info

Unit #: 4
Approx SF: 1000
# Rooms: 4
Monthly Rent: 500
# Bedrooms: 2
Kitchen Style: Ordinary
# 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 5 Info

Unit #: 5
Approx SF: 1000
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 500
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
Kitchen Style: Ordinary
# 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

Unit 7 Info

Unit #: 7
Approx SF: 500
# Rooms: 2
Monthly Rent: 425
# Bedrooms: Yes
Kitchen Style: Ordinary
# 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 8 Info

Unit #: 8
Approx SF: 1000
# Rooms: 5
Monthly Rent: 1050
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: REFRIGERATORS, STOVES
Exclude: TENANT BELONGINGS
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Hot Water Baseboard: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Brick: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Brick Basement: Full Unfinished

Listing Office: Porchlight Realty

Listing Agent: Daniel Patrick Lavery

Last Updated: September - 12 - 2024

Information deemed reliable but not guaranteed.

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MLS Listing