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68-70 W South Street, Wilkes-Barre, PA 18701

$450,000
20231201194613298642000000-o 8 2 3 4 5 6 7
Property Type: Commercial Sale Square Footage: 5,800 Status: Closed
Current Price: $450,000 List Date: 3/05/2024 Last Modified: 10/07/2024

Overview

Description

Great investment opportunity! Fully rented 5 unit in the heart of Wilkes Barre located very close to Wilkes University! Tenants pay electricity and cooking heat.

Listing Details MLS# 24-926

Location, Tax & Legal

Street Number
68-70
Street Direction Prefix
W
Street Name
South
Street Suffix
Street
State
PA
Postal Code
18701
MLS Area Major
Wilkes Barre
County
Luzerne
Township
Wilkes Barre City
Subdivision Name
None
SchoolDistrict
Wilkes-Barre
Zoning
Multi-Family
PIN#
73-H9SE2-012-022-000
DB/Record Book
282091
Page
3021
Appeal Pending
No
Total County Assmnt
244800
Est County Tax
1510.82
Est Total Tax
6023.27

Listing Information

Listing Contract Date
2024-03-05
For Sale
Y
Limited Service
No

Property Information

Building Area Total
5800
SqFt Other
5800
Year Built
1950
Year Built Age
51 - 75 Yrs
Environmental Survey
N
Realtor.COM Type
Commercial
SqFt Office
0
SqFt Warehouse
0
Garage Stalls
No
Stories
2
# Spaces Off-Street
0
# of Docks
0

Remarks Directions

Directions
Between River and Franklin

Status Change Information

Purchase Contract Date
2024-08-16
Close Date
2024-10-07

Remarks & Directions

Hot Sheet Comment
new

More Information

Income & Expenses

Cash Flow Stmt Avail
Yes

Heat Fuel Type

Electric
Yes
Gas
Yes

Heat Type

Other - See Remarks
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Wood
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes
Wood
Yes

Present Use

Apartments
Yes

Ceiling Height

Up to 8'0'
Yes

Included in Sale

Land
Yes
Building
Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Exterior: Wood Roof: Wood Present Use: Apartments Ceiling Height: Up to 8'0' Included in Sale: Land; Building
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: October - 07 - 2024
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.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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