Current Price:$449,900List Date:10/22/2013Last Modified:9/11/2024
Overview
Description
THIS TWO BUILDING, 11 UNIT IS A WINNER.EXCELLENT INCOME POTENTIAL TO MOVE RENTS UPWARD. $67,000.00 IN INCOME WITH ANOTHER $4000.00 IN POTENTIAL INCREASES. THIS SALE CAN BE PACKAGED WITH ANOTHER 2 PROPERTIES WITH 13 MORE UNITS.
Listing Details MLS# 13-4446
Location, Tax & Legal
House # (1)
603
Street Name
MAPLE
Street Suffix
Street
City (Post Office)
Old Forge
State/Province
PA
Zip Code
18518
County
Lackawanna
MLS Area
Misc Out of County
School District
Old Forge
Municipality
Old Forge
Develop/Subdivision
None
House # (2)
613
Zoning
Commercial
PIN #
17508020006/17508020005
DB/Record Book
2007
Page
02268
Total County Assmnt
8250
Est County Tax
3913.5
Est Total Tax
14038.01
Listing Information
Limited Service
No
Property Information
Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Aprx Total SF
4500
Year Built
1970
Est Age Range
41 - 50 Yrs
Garage Type
None
Parking
Off-Street
Garage Stalls
No
Remarks Directions
Directions
NORTH MAIN ST OLD FORGE. LEFT ON OAK. RIGHT ON CHURCH. LEFT ON MAPLE. PROPERTY ON RIGHT
Status Change Information
Under Contract Date
2014-02-25
Sold Date
2014-04-30
Expenses
Annual Gross Income
67000
Annual Electric Exp
890
Annual Water Exp
5000
Annual Sewer Exp
1870
Annual Real Est Tax
14249
Annual Fire/Liabilty
2600
Annual Lawn Maint.
665
Annual Snow Removal
500
Annual Other Misc
650
Total Annl Expenses
25447.01
Anl Net Inc b/4 Debt
41551.99
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
More Information
Appliances
# Ranges
11
# Refrigerators
10
Unit 1 Info
Unit #
Yes
Approx SF
800
# Rooms
5
Monthly Rent
525
# Bedrooms
2
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
800
# Rooms
5
Monthly Rent
500
# Bedrooms
2
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
800
# Rooms
6
Monthly Rent
500
# Bedrooms
2
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
800
# Rooms
6
Monthly Rent
500
# Bedrooms
2
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
800
# Rooms
6
Monthly Rent
485
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Unit 6 Info
Unit #
435
Approx SF
800
# Rooms
6
Monthly Rent
435
# Bedrooms
2
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
950
# Rooms
7
Monthly Rent
675
# Bedrooms
2
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
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
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
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
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 10 Info
Unit #
10
Approx SF
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
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
STOVES REFRIGERATORS
Hot Sheet Comment
price
Heat Fuel Type
Electric
Yes
Interior Finish
Drywall
Yes
Heat Type
Electric Baseboard
Yes
Condition
Very Good
Yes
AC Type
Wall Units
Yes
Water
Public
Yes
Exterior
Aluminum
Yes
Sewer
Public
Yes
Roof
Rubber
Yes
Hot Water Heater
Electric
Yes
Basement
Concrete Floor
Yes
Full Unfinished
Yes
Property Features
Heat Fuel Type:ElectricHeat Type:Electric BaseboardAC Type:Wall UnitsCondition:Very GoodExterior:AluminumRoof:RubberInterior Finish:DrywallWater:PublicSewer:PublicHot Water Heater:ElectricBasement:Concrete Floor; Full Unfinished
Listing Office:
McDermott & McDermott Real Estate, Inc.