Current Price:$729,000List Date:11/16/2016Last 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.