Current Price:$249,000List Date:1/26/2021Last Modified:7/25/2026
Overview
Description
Welcome to your new investment in the heart of Pittston! One block from the Main St business district, a car isn't even needed to enjoy the area. Five units, fully rented, mostly separate utilities, this beautiful all brick building is a money maker! Many recent upgrades from kitchens and flooring to paint and new electrical panels. Gross rents of $42k+ annually is a rare deal for 2020.
Listing Details MLS# 21-320
Location, Tax & Legal
House # (1)
9-11
Street Name
Market
Street Suffix
Street
City (Post Office)
Pittston
State/Province
PA
Zip Code
18640
County
Luzerne
MLS Area
Pittston
School District
Pittston
Municipality
Pittston City
Develop/Subdivision
None
Property Information
Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
3600
Year Built
1930
Est Age Range
76 - 100 Yrs
# Spaces off-Street
4
Parking
Off-Street
Remarks Directions
Directions
Main St Pittston, turn up Market St, on first corner on the right
Status Change Information
Under Contract Date
2021-01-28
Sold Date
2021-03-19
Expenses
Annual Gross Income
42540
Annual Electric Exp
720
Annual Water Exp
2000
Annual Sewer Exp
1500
Annual Real Est Tax
3300
Annual Fire/Liabilty
1560
Total Annl Expenses
10080
Anl Net Inc b/4 Debt
32460
More Information
Appliances
# Ranges
5
# Refrigerators
5
Unit 1 Info
Unit #
Yes
Approx SF
900
# Rooms
4
Monthly Rent
720
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Approx SF
900
# Rooms
5
Monthly Rent
775
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Unit 3 Info
Unit #
3
Approx SF
600
# Rooms
3
Monthly Rent
650
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Unit 4 Info
Unit #
4
Approx SF
900
# Rooms
4
Monthly Rent
700
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
N
Sewer in Rent
Y
Unit 5 Info
Unit #
5
Approx SF
900
# Rooms
4
Monthly Rent
700
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Property Features
Showing Instructions:Contact Showing Service - See RemarksHeat Fuel Type:ElectricHeat Type:Electric BaseboardAC Type:NoneCondition:GoodExterior:BrickRoof:Comp Shingle; RubberInterior Finish:Drywall; PlasterWater:PublicSewer:PublicBasement:Dirt Floor; Full Unfinished