50 N Sherman Street, Wilkes-Barre, PA 18702 (MLS# 20-4781)

50 N Sherman Street, Wilkes-Barre, PA 18702

$299,000

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

Current Price: $299,000 List Date: 10/24/2020 Last Modified: 9/11/2024

Overview

Description

Big Ticket Money Maker!! It's SURVEYED! so you know what you are buying, stakes are on the property.Two adjacent lots, this hefty package for the savvy investor is a nice addition to a yearly salary.Live in back house gross 58,800 w/6 units/rent all (7 units,potential gross 71K, purchase for 335K) HUGE GARAGE, Garden for you and tenants. Make it your one stop investment. Don't be shy! Invest Now.

Supplements: Allow 48 hrs. COVID-19 HSA forms must be submitted for all entering property prior to showing. Max of 3 persons, (includes agent) inside property at a time. All entering the property are responsible for their own PPE, masks and gloves A MUST for showings. PLEASE NOTE: All room dimensions, including square footage data, are approximate and must be v ... (Read more)

Listing Details MLS# 20-4781

Location, Tax & Legal

Street Number: 50
Street Direction Prefix: N
Street Name: Sherman
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
House # (2): 52
Zoning: Apartment Residential
PIN #: 73-H10SW4-005-042-000/02/043
DB/Record Book: 03019
Page: 123134
Total County Assmnt: 101000
Est County Tax: 623.52
Est Total Tax: 3469.88

Listing Information

Listing Contract Date: 2020-10-23

Property Information

Property Sub Type: Multiple Buildings
Building Area Total: 5000
Est Age Range: 76 - 100 Yrs
Parking: On-Street
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Garage Stalls: No
Garage Type: None
# Spaces off-Street: 0

Remarks Directions

Directions: Head North on Coal St, make a right on Sherman St, properties on the right.

Status Change Information

Purchase Contract Date: 2020-11-23
Close Date: 2020-12-10

Expenses

Annual Gross Income: 58800
Annual Real Est Tax: 3469.88
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 3061
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 0
Anl Net Inc b/4 Debt: 0

More Information

Appliances

# Ranges: 6
# Refrigerators: 6

Unit 1 Info

Unit #: 50
# Rooms: 2
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 575
Monthly Rent: 800
Kitchen Style: Modern
Lease: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 50
Approx SF: 775
# Rooms: 4
Monthly Rent: 775
# 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 #: 50
Approx SF: 775
# Rooms: 5
Monthly Rent: 875
# Bedrooms: 3
Kitchen Style: Ordinary
# 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 4 Info

Unit #: 52
Approx SF: 575
# Rooms: 2
Monthly Rent: 800
# Bedrooms: Yes
Kitchen Style: Modern
# 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 5 Info

Unit #: 52
Approx SF: 775
# Rooms: 4
Monthly Rent: 775
# Bedrooms: Yes
Kitchen Style: Ordinary
# 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 #: 52
Approx SF: 775
# Rooms: 5
Monthly Rent: 875
# Bedrooms: 3
Kitchen Style: 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

Remarks & Directions

Include: 6 Stoves, 6 Refrigerators
Exclude: Personal Property
Hot Sheet Comment: new

Showing Instructions

Other - See Remarks: Yes

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Paneling: Yes
Plaster: Yes

Heat Type

Electric Baseboard: Yes
Hot Water Radiator: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Other - See Remarks: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes

Basement

Concrete Floor: Yes
Dirt Floor: Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Radiator AC Type: None Condition: Very Good Hot Water Heater: Electric

Listing Office: Simplicity Realty

Listing Agent: Candace Balmaceda

Last Updated: September - 11 - 2024

Broker Attribution: 570-855-6480

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing