Current Price:$310,000List Date:7/05/2024Last Modified:12/16/2024
Overview
Description
Looking to add to your portfolio? Do not miss out on this 4-unit property located in Wilkes-Barre and close to many major attractions! This property also offers large units and separate utilities. 2 units currently tenant occupied. Call now before it's too late! Property being sold in AS IS condition.
Listing Details MLS# 24-3198
Location, Tax & Legal
Street Number
51-53
Street Direction Prefix
S
Street Name
Welles
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
Zoning
Residential
PIN #
73-H10SW4-014-012
DB/Record Book
3023
Page
250
Total County Assmnt
75000
Est County Tax
477
Est Total Tax
2956
Listing Information
Listing Contract Date
2024-07-05
Property Information
Property Sub Type
Multi Family
Building Area Total
4207
Est Age Range
100 Plus Yrs
Parking
On-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None
# Spaces off-Street
0
Remarks Directions
Directions
From Wilkes-Barre Blvd to Northampton Street. Left on South Welles. House will be on the left.
Status Change Information
Purchase Contract Date
2024-09-20
Close Date
2024-11-15
Expenses
Annual Gross Income
44400
Annual Electric Exp
480
Annual Gas Exp
720
Annual Water Exp
4800
Annual Sewer Exp
1161
Annual Real Est Tax
3604
Annual Other Misc
2400
Total Annl Expenses
13165
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Anl Net Inc b/4 Debt
31235
More Information
Unit 1 Info
Unit #
Yes
# Rooms
4
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
Y
Approx SF
672
Monthly Rent
0
Kitchen Style
Ordinary
Lease
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Approx SF
672
# Rooms
4
Monthly Rent
900
# Bedrooms
2
Kitchen Style
Ordinary
# 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
1344
# Rooms
6
Monthly Rent
950
# Bedrooms
4
Kitchen Style
Ordinary
# 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 4 Info
Unit #
4
Approx SF
1344
# Rooms
6
Monthly Rent
950
# Bedrooms
4
Kitchen Style
Ordinary
# 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
Remarks & Directions
Exclude
Personal Property
Hot Sheet Comment
new
Showing Instructions
Contact Showing Service - See Remarks
Yes
Heat Fuel Type
Electric
Yes
Interior Finish
Drywall
Yes
Plaster
Yes
Heat Type
Electric Baseboard
Yes
Condition
Poor
Yes
AC Type
None
Yes
Water
Public
Yes
Exterior
Vinyl
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Basement
Dirt Floor
Yes
Partial
Yes
Unfinished
Yes
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:ElectricAC Type:NoneCondition:PoorExterior:VinylBasement:Partial; Unfinished