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616 Cedar Street, Exeter, PA 18643

$650,000
Front Side
Property Type: Residential Income Square Footage: 14,000 Status: Closed
Current Price: $650,000 List Date: 12/02/2005 Last Modified: 4/01/2026

Overview

Description

Very good condition. 12 - 2BR apts. Rented at $450 to $475 per mth. 4 apts. with 1BR at $425 per mth. Fully rented. 2 Bldgs. of 8 units each. 16 total. On-Street and Off-street parking. *48 hours notice to show*

Listing Details MLS# 05-4506

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
House # (2)
621
Zoning
Apartment Residential
PIN #
E11SW1002010
DB/Record Book
1999
Page
409
Tax Year
2005

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Aprx Total SF
14000
Year Built
1969
Est Age Range
31 - 40 Yrs
Garage Type
None
# Spaces off-Street
50
Parking
On-Street
Garage Stalls
No

Remarks Directions

Directions
Wyoming Ave. to left on Barber then left on Cedar.

Status Change Information

Under Contract Date
2005-12-30
Sold Date
2006-01-17

Expenses

Annual Gross Income
87240
Annual Sewer Exp
4672
Annual Garbage Remvl
1280
Annual Snow Removal
350
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Real Est Tax
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Other Misc
0
Total Annl Expenses
0
Anl Net Inc b/4 Debt
0

More Information

Appliances

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

Unit 1 Info

Unit #
Yes
Approx SF
800
# Rooms
3
# 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
Monthly Rent
0

Unit 2 Info

Unit #
2
Approx SF
650
# Rooms
4
# 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
Monthly Rent
0

Remarks & Directions

Include
16 stoves, refrigerators, dishwashers and hot water heaters. 7 coin-operated washer/dryers.
Hot Sheet Comment
text

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

Partial
Yes
Unfinished
Yes

MF Amenities

Coin-Op Washer/Dryer
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: Partial; Unfinished MF Amenities: Coin-Op Washer/Dryer; Street Lights
Listing Office: Joseph P. Gilroy Real Estate
Listing Agent: Nancy Answini
Last Updated: April - 01 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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Shavertown, PA 18708

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Blakeslee, PA 18610

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