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95-99 MAFFETT Street, Wilkes-Barre, PA 18702

$729,000
95-97 Maffett Listing Front 97 Front Center of buildings Fireplace Kitchen Off street parking Rear of buildings
Property Type: Residential Income Square Footage: 13,968 Status: Closed
Current Price: $729,000 List Date: 11/16/2016 Last Modified: 9/11/2024

Overview

Description

16 Unit investment, totally rented & the tenants pay the heat and hot water! This property consist of 14-2 bedrooms, 1-1 bedroom, 1-3 bedroom and 16 paved parking spaces. Call today for more information on this turn-key operation

Listing Details MLS# 16-1673

Location, Tax & Legal

Street Number
95-99
Street Name
MAFFETT
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)
99
Zoning
Multi-Family
PIN #
73-H9SW2-013-023A & 73-H9SW2-013-023
DB/Record Book
3007
Page
69223
Total County Assmnt
504000
Est County Tax
2628.36
Est Total Tax
16000

Listing Information

Listing Contract Date
2016-04-05
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
13968
Est Age Range
51 - 75 Yrs
# Spaces off-Street
16
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None

Remarks Directions

Directions
From Hanover onto Old River Rd then left on Maffett and the property is on the right.

Status Change Information

Purchase Contract Date
2017-04-02
Close Date
2017-06-22

Expenses

Annual Gross Income
117600
Annual Electric Exp
1546
Annual Water Exp
7553
Annual Sewer Exp
3686
Annual Garbage Remvl
2492
Annual Real Est Tax
16000
Total Annl Expenses
36277
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
5000
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
81323

More Information

Appliances

# Ranges
16
# Refrigerators
16
# Dishwashers
16

Unit 1 Info

Unit #
Yes
# Rooms
5
# Bedrooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
1020
Monthly Rent
725
Kitchen Style
Modern
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
720
# Rooms
3
Monthly Rent
576
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 5 Info

Unit #
5
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 6 Info

Unit #
6
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 7 Info

Unit #
7
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 8 Info

Unit #
8
Approx SF
820
# Rooms
4
Monthly Rent
625
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 9 Info

Approx SF
820
Monthly Rent
600
Kitchen Style
Modern
Lease
Y
Electric in Rent
N
Unit #
9
# Rooms
4
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
16 Ranges, 16 Dishwashers, 16 Refrigerators and 16 Fireplaces.
Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes
Combination
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

Concrete Floor
Yes
Partial
Yes
Unfinished
Yes

MF Amenities

Coin-Op Washer/Dryer
Yes
Dumpster
Yes

Unit 10 Info

Unit #
10
Approx SF
820
# Rooms
4
Monthly Rent
575
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Combination AC Type: None Condition: Very Good Exterior: Vinyl Hot Water Heater: Electric Basement: Partial; Unfinished MF Amenities: Dumpster
Listing Office: Coldwell Banker Town & Country Properties
Listing Agent: Robert Altmayer
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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