Current Price:$379,999List Date:9/05/2024Last Modified:1/28/2026
Overview
Description
Don't sleep on this Amazing CORNER LOT 4-unit investment property in Hazleton, PA! Fully occupied with strong rental income and reliable tenants. Convenient location close to local amenities, offering stable strong cash flow and future appreciation potential with a possible 5th unit. Don't miss out on this chance to grow your portfolio!
Listing Details MLS# 24-4396
Location, Tax & Legal
Street Number
561
Street Name
Garfield
Street Suffix
Street
State
PA
Postal Code
18201
County
Luzerne
MLS Area Major
Hazleton Area
SchoolDistrict
Hazleton
Township
Hazleton City
Subdivision Name
None
House # (2)
563
Zoning
Residential
PIN #
T8NW3303007-71
DB/Record Book
3022
Page
201002
Total County Assmnt
181900
Est County Tax
1155.81
Est Total Tax
4646
Listing Information
Listing Contract Date
2024-08-15
Property Information
Property Sub Type
Multi Family
Building Area Total
3600
Year Built
1920
Est Age Range
76 - 100 Yrs
Realtor.COM Type
Multi-Family
Style
3 or More Units
Remarks Directions
Directions
East on 4th st to Garfield St, Right onto Garfield St, Property on left corner
Status Change Information
Purchase Contract Date
2024-09-24
Close Date
2024-11-15
Expenses
Annual Gross Income
49800
Annual Gas Exp
4200
Annual Sewer Exp
3792
Annual Real Est Tax
4646
Total Annl Expenses
12638
Annual Electric Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
37162
More Information
Unit 1 Info
Unit #
Yes
# Rooms
5
# Bedrooms
Yes
# Baths
Yes
Heat in Rent
Y
Hot Water in Rent
Y
Approx SF
750
Monthly Rent
800
Kitchen Style
Ordinary
Lease
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Approx SF
950
# Rooms
6
Monthly Rent
1300
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
3
Approx SF
950
# Rooms
5
Monthly Rent
1100
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
4
Approx SF
1000
# Rooms
6
Monthly Rent
950
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Remarks & Directions
Include
REFRIGERATORS, STOVES IN ALL UNITS
Exclude
ALL TENANTS PERSONAL PROPERTY
Hot Sheet Comment
new
Heat Fuel Type
Gas
Yes
Interior Finish
Drywall
Yes
Plaster
Yes
Heat Type
Hot Water Baseboard
Yes
Condition
Good
Yes
AC Type
None
Yes
Water
Private Well
Yes
Exterior
Aluminum
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Hot Water Heater
Electric
Yes
Basement
Concrete Floor
Yes
Dirt Floor
Yes
Property Features
Heat Fuel Type:GasHeat Type:Hot Water BaseboardAC Type:NoneCondition:GoodWater:Private WellHot Water Heater:Electric