$550,000
Kingston, PA 18704
MLS# 26-410
Status: Closed
3653 sqft
1 / 42
Property Description
Fully occupied 5-unit multifamily located in Kingston, PA, offering immediate cash flow and strong fundamentals. All five units are currently leased with tenants paying the majority of utilities, keeping operating expenses low and margins strong. This is a true turnkey investment with stable in-place income from day one. Ideal for investors seeking a hands-off asset.
Details
Listing Information
Limited Service: No
Current Price: $550,000
List Price: $550,000
List Date: 2026-02-02
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 76 - 100 Yrs
Lot Size: 40'x105'x39.72'x105' +/-
Property Sub Type: Multi Family
Aprx Total SF: 3653
Location, Tax & Legal
Zoning: Apartment Residential
PIN #: 34-G9SE4-006-12A-000
DB/Record Book: 3006
Page: 172926
Total County Assmnt: 98100
Est County Tax: 623
Est Total Tax: 2588
House # (1): 37-39
Street Name: Pierce
Street Suffix: Street
City (Post Office): Kingston
State/Province: PA
Zip Code: 18704
County: Luzerne
MLS Area: Kingston-Forty Fort-Swoyersville
School District: Wyoming Valley West
Municipality: Kingston Boro
Develop/Subdivision: None
Remarks & Directions
Hot Sheet Comment: price
Expenses
Annual Gross Income: 61800
Annual Electric Exp: 420
Annual Gas Exp: 4000
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Real Est Tax: 2588
Annual Fire/Liabilty: 4145
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 9153
Anl Net Inc b/4 Debt: 50647
Heat Fuel Type
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Forced Air: 1
Condition
Very Good: 1
AC Type
Window Units: 1
None: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Asbestos Shingles: 1
Basement
Slab: 1
Unit 1 Info
Unit #: 1
Approx SF: 1100
# Rooms: 5
Monthly Rent: 975
# 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 2 Info
Unit #: 1
Approx SF: 1100
# Rooms: 5
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: N
Sewer in Rent: N
Unit 3 Info
Unit #: 3
# Rooms: 4
Monthly Rent: 1000
# Bedrooms: 1
# 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 4 Info
Unit #: 4
# Rooms: 4
Monthly Rent: 1075
# 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: N
Sewer in Rent: N
Unit 5 Info
Unit #: 5
# Rooms: 4
Monthly Rent: 1000
# 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: N
Sewer in Rent: N
Remarks Directions
Directions: Head toward Norris St. Turn right onto Norris St. Turn left onto Market St. Turn right onto Rutter Ave. Turn left onto Pierce St.
Status Change Information
Status: Closed
Under Contract Date: 2026-03-17
Sold Date: 2026-04-21
Property Features
Heat Fuel Type: Gas
Heat Type: Electric Baseboard; Forced Air
AC Type: Window Units; None
Condition: Very Good
Exterior: Vinyl
Roof: Asbestos Shingles
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Slab
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: May - 22 - 2026
Information deemed reliable but not guaranteed.