03
OCT
OCT
$400,000
Hazleton, PA 18201
MLS# 20-5374
Status: Closed
3920 sqft
1 / 1
Property Description
Prime location, 8 unit apartment building in Historic Hazleton, Cap Rate of 10.2%. 4- 1 bedroom apartments, 2-2 bedroom apartments, and 2-3 bedroom units. Spacious easy to rent. A new flat roof in 2015. Net Income is $40,871.07. See Cash Flow report attached. Pre-qualification documents or proof of funds required before viewing.
Details
Listing Information
Current Price: $400,000
List Price: $400,000
List Date: 2020-11-29
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 3920
Year Built: 1960
Est Age Range: 51 - 75 Yrs
Lot Size: 35'x110'
Location Legal Taxes
House # (1): 438
Street Direction Pfx: W
Street Name: Broad
Street Suffix: Street
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: Exit 162 off if I 80; left after exit exit; approx 6 miles to right on W Broad, Street
Status Change Information
Status: Closed
Under Contract Date: 2021-06-02
Sold Date: 2021-08-26
Expenses
Annual Gross Income: 65000
Annual Electric Exp: 2500
Annual Water Exp: 1740
Annual Sewer Exp: 5260
Annual Real Est Tax: 3200
Annual Fire/Liabilty: 5000
Annual Lawn Maint.: 300
Annual Snow Removal: 300
Total Annl Expenses: 25400
Unit 1 Info
Unit #: 1
Approx SF: 800
# Rooms: 3
Monthly Rent: 670
# Bedrooms: 2
Kitchen Style: Ordinary
# 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 #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 3
Kitchen Style: Ordinary
# 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
Approx SF: 700
Monthly Rent: 710
# Bedrooms: 2
# Baths: 1
Unit 4 Info
Unit #: 4
Approx SF: 800
Monthly Rent: 810
# Bedrooms: 3
# Baths: 1
Unit 5 Info
Unit #: 5
Approx SF: 500
Monthly Rent: 625
# Bedrooms: 1
# Baths: 1
Unit 6 Info
Unit #: 6
Approx SF: 500
# Rooms: 1
Monthly Rent: 575
# Baths: 1
Unit 7 Info
Unit #: 7
Approx SF: 500
Monthly Rent: 575
# Bedrooms: 1
# Baths: 1
Unit 8 Info
Unit #: 8
Approx SF: 500
Monthly Rent: 625
# Bedrooms: 1
# Baths: 1
Property Features
Heat Fuel Type: Electric
Heat Type: Hot Water Baseboard
AC Type: None
Condition: Fair
Exterior: Vinyl
Roof: Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor
Listing Office: Century 21 Signature Properties
Listing Agent: Chris Woronchuk
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
