03
OCT
OCT
$600,000
Nanticoke, PA 18634
MLS# 24-5033
Status: Closed
5927 sqft
1 / 28
Property Description
An incredible investment opportunity awaits!This fully rented 7-unit property in the Hanover section of Nanticoke is the perfect addition to your portfolio.The property consists of one building with 6 well-maintained rental units & a separate single-family home,also a common area w/ coin operated washer & dryer.Consistent cash flow w/ all units currently occupied.Gross annual income is $79,200.00
Details
Listing Information
Current Price: $600,000
List Price: $600,000
List Date: 2024-10-09
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 5927
Est Age Range: 76 - 100 Yrs
Lot Size: 50X132
Garage Type: None
# Spaces off-Street: 1
Parking: Off-Street
Location Legal Taxes
House # (1): 322-324
Street Name: Front
Street Suffix: Street
City (Post Office): Nanticoke
State/Province: PA
Zip Code: 18634
County: Luzerne
MLS Area: Ashley-Nanticoke-Hanover Twp
School District: Nanticoke
Municipality: Nanticoke City
Develop/Subdivision: None
Remarks Directions
Directions: From Middle Road roundabout take the 2nd exit on Espy St. go .4 miles turn left onto Front St. property on the left.
Status Change Information
Status: Closed
Under Contract Date: 2025-03-17
Sold Date: 2025-05-20
Expenses
Annual Gross Income: 79200
Annual Electric Exp: 2000
Annual Gas Exp: 3400
Annual Water Exp: 3600
Annual Sewer Exp: 2500
Annual Garbage Remvl: 1580
Annual Real Est Tax: 4758.49
Annual Fire/Liabilty: 3250
Total Annl Expenses: 18163.49
Anl Net Inc b/4 Debt: 61036.51
Appliances
# Ranges: 7
# Refrigerators: 7
# Washer: 2
# Dryers: 2
Unit 1 Info
Unit #: 322
Approx SF: 745
# Rooms: 4
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Semi-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 #: 322
Approx SF: 1161
# Rooms: 5
Monthly Rent: 1200
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 322
Approx SF: 825
# Rooms: 3
Monthly Rent: 645
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 322
Approx SF: 800
# Rooms: 3
Monthly Rent: 645
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 5 Info
Unit #: 322
Approx SF: 840
# Rooms: 3
Monthly Rent: 875
# Bedrooms: 1
Kitchen Style: Semi-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 6 Info
Unit #: 324
Approx SF: 484
# Rooms: 3
Monthly Rent: 800
# Bedrooms: 1
Kitchen Style: Semi-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 #: 324
Approx SF: 1407
# Rooms: 5
Monthly Rent: 1100
# Bedrooms: 1
Kitchen Style: Semi-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: Y
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Gas
Heat Type: Forced Air
AC Type: None
Condition: Very Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Full Unfinished
MF Amenities: Coin-Op Washer/Dryer
Listing Office: Classic Properties Back Mountain
Listing Agent: Heidi Kozlowski
Last Updated: June - 20 - 2025
Information deemed reliable but not guaranteed.
