602 CENTRE Street, Freeland, PA 18224 (MLS# 15-1216)

602 CENTRE Street, Freeland, PA 18224

$425,000

Property Type: Commercial Sale Baths: 18 Square Footage: 12,750 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $425,000 List Date: 4/10/2015 Last Modified: 5/21/2026

Overview

Description

Did you ever imagined retire with a $100K income every year? Well you don't need to imagine anymore, come and see this beautiful well maintained building made out of 16 units ( 13 apartments and 3 commercial tenants) fully occupied. All hardwood flooring, gorgeous building, relatively new roof, all replacement windows, separate utilities, seller pays cold and hot water sewer and garbage Call today

Listing Details MLS# 15-1216

Location, Tax & Legal

House # (1): 602
Street Name: CENTRE
Street Suffix: Street
City (Post Office): Freeland
State/Province: PA
Zip Code: 18224
MLS Area: Misc County East
County: Luzerne
Municipality: Freeland Boro
Develop/Subdivision: None
School District: Hazleton
Add #2: 604
Zoning: Commercial
PIN#: 22-R9NE2 -019-014-000/02
DB/Record Book: 03007
Page: 257633
Appeal Pending: No
Total County Assmnt: 310800
Est County Tax: 1620.82
Est Total Tax: 4883.6

Listing Information

For Sale: Y
Limited Service: No

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 12750
SqFt Office: 600
Year Built Age: 51 - 75 Yrs
Stories: 2
# Acres: 0.16
Acreage Range: Up to 1 Acre
# Spaces Off-Street: 5
Total Bathrooms: 18
Environmental Survey: N
SqFt Warehouse: 0
Garage Stalls: No
# of Docks: 0

Remarks Directions

Directions: Freeland, Rt 940 Make the right onto Center street, see building in the corner.

Status Change Information

Under Contract Date: 2015-06-01
Sold Date: 2015-10-08

Remarks & Directions

Included: all appliances in the building belong to the seller
Excluded: Store front inventory and business belongings
Hot Sheet Comment: new

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes
Prop Op Data Avail: Yes
Annual Gross Inc: 102600
Sewer Exp: 5760
Water Exp: 6540
Electric Exp: 4100
Gas Exp: 0
R.E. Tax Expense: 4883
Fire Liab Ins Exp: 4100
Flood Ins Exp: 0
Annual Tot Expenses: 25383
Ann Net B/4 Debt: 77217

Heat Fuel Type

Electric: Yes

Heat Type

Electric Baseboard: Yes

Condition

Very Good: Yes

AC Type

Window Units: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Property Features

Basement: Yes
Display Window: Yes
High Traffic Area: Yes
Prime Location: Yes

Present Use

Apartments: Yes
Business: Yes
Medical/Dental: Yes
Professional Offices: Yes
Retail: Yes

Ceiling Height

9'1' to 10': Yes

Included in Sale

Building: Yes
Existing Leases: Yes

Electrical Service

400-799 Amps: Yes

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: Window Units Water: Public Sewer: Public Exterior: Brick Condition: Very Good Roof: Rubber Property Features: Basement; Display Window; High Traffic Area; Prime Location Present Use: Apartments; Business; Medical/Dental; Professional Offices; Retail Ceiling Height: 9'1' to 10' Included in Sale: Building; Existing Leases Electrical Service: 400-799 Amps

Listing Office: TradeMark Realty Group

Listing Agent: Elena Katarsky

Last Updated: May - 21 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing