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88 S Gates Avenue, Kingston, PA 18704

$199,900
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Property Type: Residential Income Square Footage: 2,820 Status: Closed
Current Price: $199,900 List Date: 5/28/2021 Last Modified: 9/11/2024

Overview

Description

Don't miss out on this well kept multiunit in a perfect location. This property is currently set up as a 3 unit property and there is potential for a 4th unit without much work. All the utilities are paid by the tenants so the cash flow is outstanding. This is the perfect opportunity for the wise investor.

Listing Details MLS# 21-2488

Location, Tax & Legal

House # (1)
88
Street Direction Pfx
S
Street Name
Gates
Street Suffix
Avenue
City (Post Office)
Kingston
State/Province
PA
Zip Code
18704
County
Luzerne
MLS Area
Kingston-Forty Fort-Swoyersville
School District
Wyoming Valley West
Municipality
Kingston Boro
Develop/Subdivision
None
House # (2)
90
Zoning
Multi-Family
PIN #
34-H9NE4-003-01B-000
DB/Record Book
3002
Page
154587
Total County Assmnt
96200
Est County Tax
593.52
Est Total Tax
2405.92

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
2820
Year Built
1973
Est Age Range
41 - 50 Yrs
Garage Type
None
Garage Stalls
No

Remarks Directions

Directions
Market St to a left on S Thomas. Then left on Northampton. Then left on S Gates. House on Right

Status Change Information

Under Contract Date
2021-06-07
Sold Date
2021-08-13

Expenses

Annual Gross Income
21600
Annual Sewer Exp
750
Annual Real Est Tax
2405.92
Annual Fire/Liabilty
1200
Total Annl Expenses
4355.92
Anl Net Inc b/4 Debt
17244.08
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
810
# Rooms
4
Monthly Rent
700
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
1410
# Rooms
5
Monthly Rent
700
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
600
# Rooms
3
Monthly Rent
400
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Remarks & Directions

Exclude
Tenants personal property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes

Basement

Full-Finished
Yes

MF Amenities

Deck
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Electric Basement: Full-Finished MF Amenities: Deck
Listing Office: Wychock Real Estate, LLC
Listing Agent: David Wychock
Last Updated: September - 11 - 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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142 N Main Street, First Floor
Shavertown, PA 18708

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Blakeslee, PA 18610

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