616 CEDAR Street, Exeter, PA 18643 (MLS# 11-2369)

616 CEDAR Street, Exeter, PA 18643

$750,777

Property Type: Residential Income Square Footage: 14,000 Status: Closed

Current Price: $750,777 List Date: 6/27/2011 Last Modified: 9/11/2024

Overview

Description

Well, this is the opportunity you been waiting for. Buy this investment money making machine and plan for retirement. $110400+ income/year. Do the math, No other similar property in the area. This is the Investor Dream, all apartments occupied and all of them have happy tenants, waiting list for vacancies. Call your agent today for details!

Listing Details MLS# 11-2369

Location, Tax & Legal

House # (1): 616
Street Name: CEDAR
Street Suffix: Street
City (Post Office): Exeter
State/Province: PA
Zip Code: 18643
County: Luzerne
MLS Area: West Pittston-Exeter-Wyoming-Exeter Twp
School District: Wyoming
Municipality: Exeter Boro
Develop/Subdivision: None
Zoning: Apartment Residential
PIN #: E11SW1002010
DB/Record Book: 1999
Page: 409
Total County Assmnt: 557100
Est County Tax: 2905.28
Est Total Tax: 10325.63

Property Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 14000
Est Age Range: 31 - 40 Yrs
Garage Type: None
# Spaces off-Street: 40
Parking: Off-Street
Garage Stalls: No

Remarks Directions

Directions: From Kingston drive on Wyoming Ave. To left on Barber, then left on Cedar.

Status Change Information

Under Contract Date: 2011-09-01
Sold Date: 2011-10-10

Expenses

Annual Gross Income: 110400
Annual Electric Exp: 435
Annual Water Exp: 4310
Annual Sewer Exp: 4672
Annual Garbage Remvl: 1280
Annual Real Est Tax: 10325
Annual Fire/Liabilty: 2300
Annual Snow Removal: 350
Total Annl Expenses: 23672
Anl Net Inc b/4 Debt: 86728
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 16
# Refrigerators: 16
# Dishwashers: 16
# Washer: 7
# Dryers: 7

Unit 1 Info

Unit #: Yes
Approx SF: 650
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
Kitchen Style: 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: 4
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: 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: 16 stoves, 16 ref,16 dishwsh and 16 hot water heat. 7 coin-operated washers/dryers.all in as is cond
Hot Sheet Comment: new

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

Vinyl: Yes

Sewer

Public: Yes

Roof

Rolled: Yes

Hot Water Heater

Electric: Yes

Basement

Slab: Yes

MF Amenities

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

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: Wall Units Condition: Very Good Exterior: Vinyl Roof: Rolled Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Electric Basement: Slab MF Amenities: Coin-Op Washer/Dryer; Deck; Street Lights

Listing Office: TradeMark Realty Group

Listing Agent: Elena Katarsky

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing