54 Riverside Drive, Wilkes-Barre, PA 18702 (MLS# 18-2030)

54 Riverside Drive, Wilkes-Barre, PA 18702

$324,900

Property Type: Residential Income Square Footage: 5,400 Status: Closed

Current Price: $324,900 List Date: 5/03/2018 Last Modified: 1/03/2025

Overview

Description

The pictures don't do this masterpiece justice. This 4 unit rental is the highlight of one of the premier streets walking distance to 2 colleges, a variety of local restaurants & shopping, several parks & the Susq River. Each unit has new central A/C, modern kitchens, unique wood trim and so much more. A must see building for the high-end investor.

Listing Details MLS# 18-2030

Location, Tax & Legal

Street Number: 54
Street Name: Riverside
Street Suffix: Drive
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Apartment Residential
PIN #: H9SE1 B5 L3
DB/Record Book: 3005
Page: V
Total County Assmnt: 360500
Est County Tax: 2154.13
Est Total Tax: 8442.48

Listing Information

Listing Contract Date: 2018-05-01

Property Information

Property Sub Type: Multi Family
Building Area Total: 5400
Year Built: 1930
Est Age Range: 76 - 100 Yrs
# Spaces off-Street: 6
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: No

Remarks Directions

Directions: From River St., turn right onto South St. Make right onto Riverside Dr., property on left.

Status Change Information

Purchase Contract Date: 2018-07-25
Close Date: 2018-09-14

Expenses

Annual Gross Income: 45300
Annual Electric Exp: 550
Annual Water Exp: 2161
Annual Sewer Exp: 880
Annual Real Est Tax: 8442.42
Annual Snow Removal: 100
Total Annl Expenses: 11943.42
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 360
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 33356.58

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 7
# Bedrooms: 3
# Baths: 25
Heat in Rent: N
Hot Water in Rent: Y
Approx SF: 2800
Monthly Rent: 1250
Kitchen Style: Modern
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Unit 2 Info

Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
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: 700
# Rooms: 3
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Unit 4 Info

Unit #: 4
Approx SF: 1800
# Rooms: 6
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Remarks & Directions

Include: All personal property
Exclude: See agent for a list of appliances.
Hot Sheet Comment: price

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Gas: Yes

Interior Finish

Plaster: Yes

Heat Type

Heat Pump: Yes

Condition

Excellent: Yes

AC Type

Central: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Built-Up: Yes
Other - See Remarks: Yes

Basement

Concrete Floor: Yes

MF Amenities

Fire Escape: Yes
Other - See Remarks: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Heat Pump AC Type: Central Condition: Excellent Exterior: Brick MF Amenities: Fire Escape

Listing Office: Keller Williams Real Estate, Kingston

Listing Agent: Pete Tarutis

Last Updated: January - 03 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing