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506 Market Street, Kingston, PA 18704

$315,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Property Type: Residential Income Square Footage: 5,000 Status: Closed
Current Price: $315,000 List Date: 9/26/2024 Last Modified: 7/25/2026

Overview

Description

Calling all Investors to this 3-unit in excellent Kingston location. Spacious units, long term tenants and separate heat and electric make this attractive for any portfolio. Opportunity for increased off-street parking capacity behind the building.

Listing Details MLS# 24-4778

Location, Tax & Legal

Street Number
506
Street Name
Market
Street Suffix
Street
State
PA
Postal Code
18704
County
Luzerne
MLS Area Major
Kingston-Forty Fort-Swoyersville
SchoolDistrict
Wyoming Valley West
Township
Kingston Boro
Subdivision Name
None
Zoning
Commercial
DB/Record Book
03016

Listing Information

Listing Contract Date
2024-09-26

Property Information

Property Sub Type
Multi Family
Building Area Total
5000
Est Age Range
100 Plus Yrs
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No

Remarks Directions

Directions
From Wyoming Ave (Rt 11 ) in Kingston, turn onto Market St. Property is on your right.

Status Change Information

Purchase Contract Date
2024-10-03
Close Date
2025-01-17
Close Price
300000

Expenses

Annual Gross Income
35040
Annual Electric Exp
284
Annual Gas Exp
376
Annual Water Exp
2500
Annual Sewer Exp
712
Annual Real Est Tax
2638.48
Annual Snow Removal
30
Annual Other Misc
2392
Total Annl Expenses
11665.48
Annual Fire/Liabilty
2208
Annual Lawn Maint.
525
Anl Net Inc b/4 Debt
23374.52

More Information

Unit 1 Info

Unit #
506
# Rooms
3
# Bedrooms
Yes
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
508
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
508
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
new

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Water

Public
Yes

Sewer

Public
Yes

Roof

Rubber
Yes

MF Amenities

Deck
Yes
Porch
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Central; None Condition: Good Exterior: Vinyl Hot Water Heater: Gas Basement: Full Unfinished
Listing Office: Lewith & Freeman, Kingston
Listing Agent: Carmen Winters
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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