721-723 Alter Street, Hazleton, PA 18201 (MLS# 25-595)

721-723 Alter Street, Hazleton, PA 18201

$399,900

Property Type: Residential Income Square Footage: 3,670 Status: Closed

Current Price: $399,900 List Date: 2/10/2025 Last Modified: 11/30/2025

Overview

Description

Prime Alter Street location for your business! Move-in condition central commercial building is ready for you to open it back up. Over 1000 sq. ft. on the street level plus 4 upstairs apartments on a perfect corner location. Gas heat throughout.

Listing Details MLS# 25-595

Location, Tax & Legal

Street Number: 721-723
Street Name: Alter
Street Suffix: Street
State: PA
Postal Code: 18201
County: Luzerne
MLS Area Major: Hazleton Area
SchoolDistrict: Hazleton
Township: Hazleton City
Subdivision Name: None
House # (2): 723
Zoning: Commercial
PIN #: T8NW42020010-71
DB/Record Book: 2039
Page: 432
Total County Assmnt: 141300
Est County Tax: 897.83
Est Total Tax: 3919.81
Tax Year: 2025

Listing Information

Listing Contract Date: 2025-02-10

Property Information

Property Sub Type: Multi Family
Building Area Total: 3670
Year Built: 1920
Est Age Range: 100 Plus Yrs
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: From Diamond Ave. & Church St. Go west on Diamond Ave. for 2 blocks to Alter St. Right on Alter for 11 blocks. Building is on corner of 11th & Alter Sts.

Status Change Information

Purchase Contract Date: 2025-08-10
Close Date: 2025-10-30

Expenses

Annual Gross Income: 44100
Annual Electric Exp: 380
Annual Gas Exp: 3342
Annual Water Exp: 877
Annual Sewer Exp: 2580
Annual Garbage Remvl: 1704
Annual Real Est Tax: 3919.81
Total Annl Expenses: 13777
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 975
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 0

More Information

Appliances

# Ranges: 4
# Refrigerators: 4

Unit 1 Info

Unit #: 7211
# Rooms: 4
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 468
Monthly Rent: 900
Kitchen Style: Ordinary
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 7212
Approx SF: 768
# Rooms: 6
Monthly Rent: 900
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 7231
Approx SF: 468
# Rooms: 4
Monthly Rent: 900
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 7232
Approx SF: 768
# Rooms: 6
Monthly Rent: 975
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 4 Refrigerators - 4 Ranges
Hot Sheet Comment: price

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Paneling: Yes
Plaster: Yes

Heat Type

Hot Water Radiator: Yes
Space Heater: Yes

Condition

Very Good: Yes

AC Type

Wall Units: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Brick: Yes
Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes
Metal: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full: Yes
Partially Finished: Yes

MF Amenities

Porch: Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Radiator; Space Heater AC Type: Wall Units Condition: Very Good Exterior: Brick; Vinyl Hot Water Heater: Gas Basement: Full; Partially Finished

Listing Office: Lewith & Freeman, Drums

Listing Agent: Gerald Palermo

Last Updated: November - 30 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing