$1,050,000
Pittston, PA 18640
MLS# 24-3395
Status: Closed
6300 sqft
1 / 23
Property Description
Welcome to 183 N Main St! Your next investment opportunity awaits. This property has been completely redone and offers a low maintenance investment opportunity for a future landlord. Be part of the path of progress as Downtown Pittston undergoes the next phase of revitalization. The building consists of eight(8) fully leased apartments; 4-1 bedroom, 3-2 bedroom and 1-studio apartment.
Details
Property Information
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Est Age Range: 100 Plus Yrs
Lot Size: .08
Property Sub Type: Multi Family
Building Area Total: 6300
Location, Tax & Legal
Zoning: Commercial
PIN #: 72-E11NE2-022-035-000
DB/Record Book: 0000
Page: 0000
Total County Assmnt: 169000
Est County Tax: 0
Est Total Tax: 5027
Street Number: 183
Street Direction Prefix: N
Street Name: Main
Street Suffix: Street
State: PA
Postal Code: 18640
County: Luzerne
MLS Area Major: Pittston
SchoolDistrict: Pittston
Township: Pittston City
Subdivision Name: None
Remarks & Directions
Include: All Refrigerators(8), washer/dryer units(8)
Exclude: Tenant related belongings
Hot Sheet Comment: price
Expenses
Annual Gross Income: 118800
Annual Electric Exp: 660
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 4500
Annual Garbage Remvl: 1640
Annual Real Est Tax: 5027
Annual Fire/Liabilty: 6620
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 11760
Total Annl Expenses: 24327
Anl Net Inc b/4 Debt: 89093
Heat Fuel Type
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Forced Air: 1
Condition
Excellent: 1
AC Type
Central: 1
Water
Public: 1
Exterior
Brick: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Hot Water Heater
Electric: 1
Basement
Concrete Floor: 1
Full Unfinished: 1
MF Amenities
Fire Escape: 1
Appliances
# Ranges: 8
# Refrigerators: 8
# Dishwashers: 8
# Washer: 8
# Dryers: 8
# Microwave: 8
Unit 1 Info
Unit #: 1
Approx SF: 300
# Rooms: 3
Monthly Rent: 850
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 2 Info
Unit #: 2
Approx SF: 750
# Rooms: 4
Monthly Rent: 1450
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 3 Info
Unit #: 3
Monthly Rent: 1150
# Bedrooms: 1
# Baths: 1
Unit 4 Info
Unit #: 4
Monthly Rent: 1350
# Bedrooms: 2
# Baths: 1
Unit 5 Info
Monthly Rent: 1500
# Bedrooms: 2
# Baths: 1
Unit 6 Info
Monthly Rent: 1200
# Bedrooms: 1
# Baths: 1
Unit 7 Info
Unit #: 7
Monthly Rent: 1150
# Bedrooms: 1
# Baths: 1
Unit 8 Info
Unit #: 8
Monthly Rent: 1150
# Bedrooms: 1
# Baths: 1
Listing Information
Current Price: $1,050,000
List Price: $1,050,000
Listing Contract Date: 2024-07-01
Remarks Directions
Directions: From PA Rte 315 N, Turn Left onto Oak St, Turn Right onto Twp Blvd, Turn Left onto William St, Turn Right onto N Main St. Building is on the right
Status Change Information
Status: Closed
Purchase Contract Date: 2024-10-17
Close Date: 2025-01-21
Property Features
Heat Fuel Type: Gas
AC Type: Central
Condition: Excellent
Exterior: Brick
Hot Water Heater: Electric
Basement: Full Unfinished
MF Amenities: Fire Escape
Supplements
Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring. The building has a new roof, new electrical service, sub-metered water, new exterior walkways, new exterior paint, new doors and truly comes as a turn key opportunity!
Listing Office: Keller Williams Elite
Listing Agent: David Garpstas
Last Updated: February - 21 - 2025
Information deemed reliable but not guaranteed.