03
OCT
OCT
$359,000
Hazleton, PA 18201
MLS# 24-5219
Status: Closed
3116 sqft
1 / 37
Property Description
Discover a Prime Investment Opportunity in the Heart of Hazleton! This beautifully updated fourplex apartment is a rare gem situated in a charming neighborhood. Each unit boasts a thoughtful layout, ensuring your tenants will feel right at home and never want to leave. With 4 tenants already in place, this property is well-maintained and ready to generate revenue from day one.
Details
Listing Information
Current Price: $350,000
Sold Price: $350,000
List Date: 2024-10-22
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 3116
Year Built: 1930
Est Age Range: 76 - 100 Yrs
Lot Size: 2614
Garage Type: None
Parking: Off-Street
Location Legal Taxes
House # (1): 416-418
Street Name: Carleton
Street Suffix: Avenue
City (Post Office): Hazleton
State/Province: PA
Zip Code: 18201
County: Luzerne
MLS Area: Hazleton Area
School District: Hazleton
Municipality: Hazleton City
Develop/Subdivision: None
Remarks Directions
Directions: Broad Street, left onto Poplar, right onto Carleton
Status Change Information
Status: Closed
Under Contract Date: 2024-10-24
Sold Date: 2025-01-14
Sold Price: $350,000
Expenses
Annual Gross Income: 49440
Annual Electric Exp: 480
Annual Gas Exp: 3940
Annual Water Exp: 2902
Annual Sewer Exp: 2213
Annual Real Est Tax: 3388
Annual Fire/Liabilty: 2370
Total Annl Expenses: 15293
Anl Net Inc b/4 Debt: 34147
Appliances
# Ranges: 4
# Refrigerators: 4
# Washer: 4
# Dryers: 4
Unit 1 Info
Unit #: 416
Approx SF: 674
# Rooms: 5
Monthly Rent: 850
# Bedrooms: 2
Kitchen Style: 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: N
Unit 2 Info
Unit #: 416
Approx SF: 674
# Rooms: 5
Monthly Rent: 1135
# Bedrooms: 2
Kitchen Style: 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 #: 418
Approx SF: 674
# Rooms: 5
Monthly Rent: 735
# Bedrooms: 2
Kitchen Style: 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 #: 418
Approx SF: 1094
# Rooms: 7
Monthly Rent: 1400
# Bedrooms: 3
Kitchen Style: 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
Property Features
Heat Fuel Type: Gas
Heat Type: Hot Water Radiator
AC Type: None
Condition: Good
Exterior: Aluminum
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor
MF Amenities: Deck; Porch
Supplements
Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refrigerators and washer/dryers, and the property benefits from four separate electric meters, allowing tenants to pay their own utilities. This four-unit boasts a strong monthly income of $4,120, totaling a gross annual income of $49,440, this investment promises an impressive return. Detailed information is available upon request. Conveniently located, it's just a short drive to hospitals and local amenities, enhancing its appeal for residents. Don't miss your chance to own this exceptional property! Opportunities like this are rare, so schedule your showing today and secure your future in real estate!
Listing Office: One Valley Realty,LLC
Listing Agent: Josie Miller
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
