52-56 Main Street, Luzerne, PA 18704 (MLS# 05-3871)

52-56 Main Street, Luzerne, PA 18704

$425,000

Property Type: Residential Income Square Footage: 6,500 Status: Closed

Current Price: $425,000 List Date: 10/12/2005 Last Modified: 9/11/2024

Overview

Description

A Great Investment Property!!! A Real Money Maker!! Low maintenance/high cash flow 15 unit building. All 1 bedroom units rented. Excellent location, good neighborhood, off-street parking for 10 cars, tenants pay all utilities.

Listing Details MLS# 05-3871

Location, Tax & Legal

House # (1): 52-56
Street Name: Main
Street Suffix: Street
City (Post Office): Luzerne
State/Province: PA
Zip Code: 18704
County: Luzerne
MLS Area: Kingston Surrounds
School District: Wyoming Valley West
Municipality: Luzerne Boro
Develop/Subdivision: None
Zoning: Business
PIN #: G9NE1008004-41
DB/Record Book: 3003
Page: 273545
Tax Year: 2005

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 6500
Est Age Range: 51 - 75 Yrs
Garage Type: None
# Spaces off-Street: 10
Parking: Off-Street
Garage Stalls: No

Remarks Directions

Directions: Wyoming Avenue to Bennett Street to Main Street. Property on left. Parking in rear. No Sign.

Status Change Information

Under Contract Date: 2006-01-17
Sold Date: 2006-03-15

Expenses

Annual Gross Income: 61000
Annual Electric Exp: 400
Annual Water Exp: 1900
Annual Sewer Exp: 2500
Annual Garbage Remvl: 1200
Annual Real Est Tax: 6100
Annual Fire/Liabilty: 4800
Annual Flood Ins: 1200
Annual Other Misc: 2500
Total Annl Expenses: 20500
Anl Net Inc b/4 Debt: 40500
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0

More Information

Appliances

# Ranges: 15
# Refrigerators: 15
# Washer: 2
# Dryers: 2

Unit 1 Info

Unit #: Yes
Approx SF: 300
# Rooms: 3
Monthly Rent: 300
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 #: 2
Approx SF: 300
# Rooms: 3
Monthly Rent: 325
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 #: 3
Approx SF: 250
# Rooms: Yes
Monthly Rent: 330
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 4 Info

Unit #: 4
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 5 Info

Unit #: 5
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 6 Info

Unit #: 6
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 7 Info

Unit #: 7
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 8 Info

Unit #: 8
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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 9 Info

Unit #: 9
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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

Remarks & Directions

Include: All appliances in 'As-Is' condition.
Hot Sheet Comment: text

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes

Heat Type

Space Heater: Yes

Condition

Good: Yes

AC Type

Wall Units: Yes

Water

Public: Yes

Exterior

Brick: Yes
Stucco: Yes
T-111 Plywood: Yes

Sewer

Public: Yes

Roof

Built-Up: Yes

Hot Water Heater

Electric: Yes

Basement

Full Unfinished: Yes

MF Amenities

Coin-Op Washer/Dryer: Yes
Dumpster: Yes
Street Lights: Yes

Property Features

Heat Fuel Type: Electric Heat Type: Space Heater AC Type: Wall Units Condition: Good Exterior: Brick; Stucco; T-111 Plywood Roof: Built-Up Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Electric Basement: Full Unfinished MF Amenities: Coin-Op Washer/Dryer; Dumpster; Street Lights

Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS

Listing Agent: Ellen Rudis

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

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