$1,250,000
Wilkes-Barre, PA 18702
MLS# 23-648
Status: Closed
9600 sqft
1 / 34
Property Description
Don't miss out on this incredible investment opportunity! This stunning, modern property features 9 units, each thoughtfully designed with a sleek contemporary aesthetic. The property boasts an ample newly paved parking lot, new stucco with 1/2'' Styrofoam insulation, new exterior paint, new framing throughout building, a newer torch down roof, 11 security cameras, 2 car garage, & 2 metal sheds
Details
Property Information
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Est Age Range: 51 - 75 Yrs
Lot Size: 38X100, 36X205, 50X170
Garage Stalls: 2
Garage Type: Detached
# Spaces off-Street: 18
Parking: Off-Street
Property Sub Type: Multi Family
Aprx Total SF: 9600
Location, Tax & Legal
Zoning: Community Business
PIN #: I9NE3017010, I9NE301709A, I9NE3017009
DB/Record Book: 3006, 3018
Page: 264291, 221426
Total County Assmnt: 248400
Est County Tax: 1578.36
Est Total Tax: 9354.31
House # (1): 486
Street Name: Hazle
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks & Directions
Include: 8 refrigerators, 9 stoves, 1 DW, 2 microwaves, 11 security cameras, extra appliances in basement
Exclude: Unit 9 light fixtures, refrigerator, water filtration system, washer & dryer. tenants and sellers personal property
Hot Sheet Comment: new
Expenses
Annual Gross Income: 126600
Annual Electric Exp: 2143
Annual Gas Exp: 1738
Annual Othr Fuel Exp: 0
Annual Water Exp: 2520
Annual Sewer Exp: 2118.24
Annual Garbage Remvl: 2832
Annual Real Est Tax: 9354.31
Annual Fire/Liabilty: 2838.72
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 23806.85
Anl Net Inc b/4 Debt: 102793
Heat Fuel Type
Electric: 1
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Forced Air: 1
Heat Pump: 1
Hot Water Baseboard: 1
Condition
Excellent: 1
AC Type
Central: 1
Window Units: 1
Other - See Remarks: 1
Water
Public: 1
Exterior
Stucco: 1
Sewer
Public: 1
Roof
Rubber: 1
Basement
Concrete Floor: 1
MF Amenities
Dumpster: 1
Fencing: 1
Shed/Storage Bldg: 1
Unit 1 Info
Unit #: 1
Approx SF: 1000
# Rooms: 4
Monthly Rent: 1200
# 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: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 1050
# 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: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 1000
# Rooms: 4
Monthly Rent: 1100
# 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: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 4
Approx SF: 1000
# Rooms: 4
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
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: 550
# Rooms: 1
Monthly Rent: 1000
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y
Unit 6 Info
Unit #: 6
Approx SF: 550
# Rooms: 1
Monthly Rent: 1100
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y
Unit 7 Info
Unit #: 7
Approx SF: 550
# Rooms: 1
Monthly Rent: 1000
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y
Unit 8 Info
Unit #: 8
Approx SF: 1200
# Rooms: 4
Monthly Rent: 1100
# 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: Y
Sewer in Rent: Y
Unit 9 Info
Unit #: 9
Approx SF: 1590
# Rooms: 4
Monthly Rent: 1750
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 2
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Listing Information
Current Price: $1,250,000
List Price: $1,250,000
List Date: 2023-02-21
Remarks Directions
Directions: Blackman Street, turn left onto Hazle street, Property on the right hand side across from laundromat
Status Change Information
Status: Closed
Under Contract Date: 2023-04-05
Sold Date: 2023-07-07
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Heat Pump; Hot Water Baseboard; Forced Air
AC Type: Central; Window Units; Other - See Remarks
Condition: Excellent
Exterior: Stucco
Roof: Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor
MF Amenities: Dumpster; Fencing; Shed/Storage Bldg
Supplements
for storage or potential additional income. Also included with the property is an unused completely fenced 20,000 square foot lot. Located in a highly desirable area, close to major shopping and highways, this property offers excellent potential for rental income. Act fast and make this incredible property yours today!
Listing Office: Classic Properties Kingston
Listing Agent: Sara Oliver
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.