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74 Sylvanus Street, Wilkes-Barre, PA 18702

$219,000
1 2 3 4 5 6 7 8 9 10
Property Type: Residential Income Square Footage: 2,240 Status: Closed
Current Price: $219,000 List Date: 6/03/2024 Last Modified: 9/12/2024

Overview

Description

Welcome to this well-maintained, side-by-side duplex located in the heart of Wilkes-Barre. This charming two-unit property offers an excellent investment opportunity for savvy buyers. With one unit currently rented and the other vacant, this property is perfect for both owner-occupants and investors looking to add to their portfolio. This side-by-side duplex features two spacious units, each with

Supplements: its own private entrance, ensuring privacy and comfort for tenants. Occupancy: One unit is currently rented, providing immediate rental income, while the other unit is vacant and ready for a new tenant or owner-occupant. On-street parking is available, offering convenience for residents and visitors. The property has been maintained, showcasing pri ... (Read more) its own private entrance, ensuring privacy and comfort for tenants. Occupancy: One unit is currently rented, providing immediate rental income, while the other unit is vacant and ready for a new tenant or owner-occupant. On-street parking is available, offering convenience for residents and visitors. The property has been maintained, showcasing pride of ownership and ensuring minimal future maintenance for the new owner.This duplex presents a fantastic opportunity for investors seeking steady rental income and potential for future appreciation. With one unit already generating income and the other ready for occupancy, you can maximize your investment from day one.

Listing Details MLS# 24-2546

Location, Tax & Legal

Street Number
74
Street Name
Sylvanus
Street Suffix
Street
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
House # (2)
76
Zoning
Residential
PIN #
73-I10NW1-022-005-000
DB/Record Book
2656
Page
339
Total County Assmnt
58500
Est County Tax
0
Est Total Tax
5000
Tax Year
2024

Listing Information

Listing Contract Date
2024-06-03
Limited Service
No

Property Information

Property Sub Type
Duplex
Building Area Total
2240
Year Built
1940
Est Age Range
76 - 100 Yrs
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
Garage Stalls
No

Remarks Directions

Directions
Scott Road to North Pennsylvania Ave, right on E. Market Street, left on N. Main, follow to Sylvanus.

Status Change Information

Purchase Contract Date
2024-06-26
Close Date
2024-08-26

Expenses

Annual Gross Income
25200
Annual Electric Exp
400
Annual Gas Exp
2100
Annual Sewer Exp
1680
Annual Real Est Tax
1665
Total Annl Expenses
7845
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Fire/Liabilty
2000
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
17355

More Information

Unit 1 Info

Unit #
74
# Rooms
5
# Bedrooms
3
# Baths
Yes
Heat in Rent
Y
Hot Water in Rent
N
Approx SF
1120
Monthly Rent
1050
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
76
Approx SF
1120
# Rooms
5
Monthly Rent
1050
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
Y
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Steam
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Asbestos
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full-Finished
Yes

Property Features

Heat Fuel Type: Gas AC Type: None Condition: Good Basement: Full-Finished
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: September - 12 - 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.


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