$729,000
Wilkes-Barre, PA 18702
MLS# 16-1673
Status: Closed
13968 sqft
1 / 8
Property 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
Details
Listing Information
Limited Service: No
Current Price: $729,000
List Price: $729,000
List Date: 2016-04-05
Property Information
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Est Age Range: 51 - 75 Yrs
Lot Size: 16860
Garage Stalls: 0
Garage Type: None
# Spaces off-Street: 16
Parking: Off-Street
Property Sub Type: Multi Family
Aprx Total SF: 13968
Location, Tax & Legal
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
House # (1): 95-99
Street Name: MAFFETT
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: 16 Ranges, 16 Dishwashers, 16 Refrigerators and 16 Fireplaces.
Hot Sheet Comment: new
Expenses
Annual Gross Income: 117600
Annual Electric Exp: 1546
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 7553
Annual Sewer Exp: 3686
Annual Garbage Remvl: 2492
Annual Real Est Tax: 16000
Annual Fire/Liabilty: 5000
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 36277
Anl Net Inc b/4 Debt: 81323
Heat Fuel Type
Electric: 1
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Combination: 1
Condition
Very Good: 1
AC Type
None: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Hot Water Heater
Electric: 1
Basement
Concrete Floor: 1
Partial: 1
Unfinished: 1
MF Amenities
Coin-Op Washer/Dryer: 1
Dumpster: 1
Appliances
# Ranges: 16
# Refrigerators: 16
# Dishwashers: 16
Unit 1 Info
Unit #: 1
Approx SF: 1020
# Rooms: 5
Monthly Rent: 725
# Bedrooms: 3
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: 720
# Rooms: 3
Monthly Rent: 576
# Bedrooms: 1
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: 820
# Rooms: 4
Monthly Rent: 625
# 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: 820
# Rooms: 4
Monthly Rent: 625
# 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 5 Info
Unit #: 5
Approx SF: 820
# Rooms: 4
Monthly Rent: 625
# 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 6 Info
Unit #: 6
Approx SF: 820
# Rooms: 4
Monthly Rent: 625
# 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 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: 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: 820
# Rooms: 4
Monthly Rent: 600
# 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 10 Info
Unit #: 10
Approx SF: 820
# Rooms: 4
Monthly Rent: 575
# 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
Remarks Directions
Directions: From Hanover onto Old River Rd then left on Maffett and the property is on the right.
Status Change Information
Status: Closed
Under Contract Date: 2017-04-02
Sold Date: 2017-06-22
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Combination; Electric Baseboard
AC Type: None
Condition: Very Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor; Partial; Unfinished
MF Amenities: Coin-Op Washer/Dryer; Dumpster
Listing Office: Coldwell Banker Town & Country Properties
Listing Agent: Robert Altmayer
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.