506 Market Street, Kingston, PA 18704 (MLS# 24-4778)

506 Market Street, Kingston, PA 18704

$315,000

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

Current Price: $315,000 List Date: 9/26/2024 Last Modified: 2/17/2025

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

House # (1): 506
Street Name: Market
Street Suffix: Street
City (Post Office): Kingston
State/Province: PA
Zip Code: 18704
County: Luzerne
MLS Area: Kingston-Forty Fort-Swoyersville
School District: Wyoming Valley West
Municipality: Kingston Boro
Develop/Subdivision: None
House # (2): 508
Zoning: Commercial
PIN #: 34-H9NE1 -013-024-000
DB/Record Book: 03016
Page: 038640
Total County Assmnt: 100000
Est County Tax: 635.41
Est Total Tax: 2638.48
Tax Year: 2024

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 5000
Est Age Range: 100 Plus Yrs
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

Under Contract Date: 2024-10-03
Sold Date: 2025-01-17

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 Fire/Liabilty: 2208
Annual Lawn Maint.: 525
Annual Snow Removal: 30
Annual Other Misc: 2392
Total Annl Expenses: 11665.48
Anl Net Inc b/4 Debt: 23374.52
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0

More Information

Unit 1 Info

Unit #: 506
Approx SF: 1100
# Rooms: 3
Monthly Rent: 770
# 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 2 Info

Unit #: 508
Approx SF: 1100
# Rooms: 4
Monthly Rent: 990
# Bedrooms: 2
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 3 Info

Unit #: 508
Approx SF: 2300
# Rooms: 7
Monthly Rent: 1160
# Bedrooms: 4
Kitchen Style: Ordinary
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Exclude: tenants personal items
Hot Sheet Comment: new

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes
Paneling: Yes
Plaster: Yes

Heat Type

Hot Water Baseboard: Yes

Condition

Good: Yes

AC Type

Central: Yes
None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Hot Water Heater

Gas: Yes

Basement

Full Unfinished: 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 Roof: Rubber Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Full Unfinished MF Amenities: Deck; Porch

Listing Office: Lewith & Freeman, Kingston

Listing Agent: Carmen Winters

Last Updated: February - 17 - 2025

Information deemed reliable but not guaranteed.

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MLS Listing