Current Price:$164,900List Date:6/08/2016Last Modified:7/25/2026
Overview
Description
In town 6 units close to schools and shopping, Positive Cash Flow 9.9% Cap Rate. Natural Gas heat. Good Tenant History. Modern Kitchens and baths all units have Washer & Dryer hook ups and dishwashers.
Listing Details MLS# 16-3042
Location, Tax & Legal
Street Number
510
Street Direction Prefix
E
Street Name
5TH
Street Suffix
Street
State
PA
Postal Code
18201
County
Luzerne
MLS Area Major
Hazleton Area
SchoolDistrict
Hazleton
Township
Hazleton City
Subdivision Name
None
Zoning
Residential
DB/Record Book
3010
Listing Information
Listing Contract Date
2016-06-06
Limited Service
No
Property Information
Property Sub Type
Multi Family
Building Area Total
4202
Year Built
1950
Est Age Range
51 - 75 Yrs
Parking
On-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None
Remarks Directions
Directions
East on Diamond Avenue to Harrison Street turn left on Harrison and go to 5th St., turn left property between Harrison and Arthur Street on left side.
Status Change Information
Purchase Contract Date
2016-06-20
Close Date
2016-08-24
Close Price
148000
Expenses
Annual Gross Income
46800
Annual Gas Exp
4181
Annual Real Est Tax
2914.21
Annual Other Misc
1569
Total Annl Expenses
15052.5
Annual Fire/Liabilty
1137
Annual Lawn Maint.
0
Anl Net Inc b/4 Debt
31747.5
More Information
Appliances
# Ranges
6
# Dishwashers
6
Unit 1 Info
Unit #
510
# Rooms
4
# Bedrooms
2
# Baths
Yes
Heat in Rent
Y
Hot Water in Rent
Y
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
512
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
514
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
516
Water in Rent
Y
Sewer in Rent
Y
Unit 5 Info
Unit #
516
Water in Rent
Y
Sewer in Rent
Y
Unit 6 Info
Unit #
516
Water in Rent
Y
Sewer in Rent
Y
Remarks & Directions
Hot Sheet Comment
new
Interior Finish
Plaster
Yes
Water
Public
Yes
Exterior
Aluminum
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Basement
Concrete Floor
Yes
MF Amenities
Porch
Yes
Street Lights
Yes
Property Features
Heat Fuel Type:GasHeat Type:Hot Water RadiatorAC Type:Window UnitsCondition:GoodHot Water Heater:GasBasement:Full Unfinished