03
OCT
OCT
$575,000
Exeter, PA 18643
MLS# 24-5881
Status: Closed
5175 sqft
1 / 67
Property Description
Calling all investors! This incredible income-generating property offers five updated units and four garage bays across two buildings on spacious lot. Each unit is currently occupied, with tenants on month-to-month agreements, ensuring flexibility and steady cash flow. The apartments have been upgraded with replacement windows, new flooring, fresh paint, and in-unit washers and dryers.
Details
Listing Information
Current Price: $575,000
List Price: $575,000
List Date: 2024-12-02
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 5175
Est Age Range: 51 - 75 Yrs
Lot Size: 66x177
Garage Stalls: 4
Garage Type: Built-in
Parking: Off-Street
Location Legal Taxes
House # (1): 110
Street Name: Barber
Street Suffix: Street
City (Post Office): Exeter
State/Province: PA
Zip Code: 18643
County: Luzerne
MLS Area: West Pittston-Exeter-Wyoming-Exeter Twp
School District: Wyoming
Municipality: Exeter Boro
Develop/Subdivision: None
Remarks Directions
Directions: Heading North on Wyoming Ave, make a Left onto Barber St, the property is on the Right.
Status Change Information
Status: Closed
Under Contract Date: 2025-02-05
Sold Date: 2025-03-26
Expenses
Annual Gross Income: 60000
Annual Water Exp: 2280
Annual Sewer Exp: 1275
Annual Real Est Tax: 5006.16
Annual Fire/Liabilty: 2200
Total Annl Expenses: 10761.16
Anl Net Inc b/4 Debt: 60000
Appliances
# Ranges: 5
# Refrigerators: 5
# Washer: 5
# Dryers: 5
Unit 1 Info
Unit #: 1
Approx SF: 1000
# Rooms: 6
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Ordinary
# 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 2 Info
Unit #: 2
Approx SF: 900
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: 1
Kitchen Style: Ordinary
# 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 3 Info
Unit #: 3
Approx SF: 1200
# Rooms: 6
Monthly Rent: 900
# Bedrooms: 3
Kitchen Style: Ordinary
# 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 4 Info
Unit #: 4
Approx SF: 900
# Rooms: 6
Monthly Rent: 975
# Bedrooms: 2
Kitchen Style: Ordinary
# 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: 900
# Rooms: 5
Monthly Rent: 925
# Bedrooms: 2
Kitchen Style: Ordinary
# 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
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Gas
Heat Type: Steam
AC Type: None
Condition: Excellent
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor; Partially Finished
Supplements
Recently updated roofs and hot water heaters as well, making these buildings up to date! The utilities are also separately metered, except for water and sewer. The property boasts stunning woodwork, a wrap-around porch, and a picturesque balcony, providing tenants with charming outdoor spaces. Don't miss this unique opportunity to add a high-performing asset to your portfolio!
Listing Office: Christian Saunders Real Estate
Listing Agent: Marc Rodriguez-Douglas
Last Updated: April - 26 - 2025
Information deemed reliable but not guaranteed.
