03
OCT
OCT
$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
Current Price: $550,000
List Price: $550,000
List Date: 2026-02-02
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 3653
Est Age Range: 76 - 100 Yrs
Lot Size: 40'x105'x39.72'x105' +/-
Location Legal Taxes
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
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
Expenses
Annual Gross Income: 61800
Annual Electric Exp: 420
Annual Gas Exp: 4000
Annual Real Est Tax: 2588
Annual Fire/Liabilty: 4145
Total Annl Expenses: 9153
Anl Net Inc b/4 Debt: 50647
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
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: April - 25 - 2026
Information deemed reliable but not guaranteed.
