03
OCT
OCT
$1,200,000
Wilkes-Barre, PA 18702
MLS# 13-1279
Status: Closed
28616 sqft

1 / 9
Property Description
Fully occupied 1 & 2 bedroom apartments in 25 unit building currently set up as a 50 and over home. There are 13-2bdrm apartments @ $675 and 12-1bdrms @ $600. Tenants pay everything but water and sewer. There are 2 large community rooms, automatic backup generator, sprinkler system, maintainence and trash room on all 4 floors with air. This is a true turn key investment in great shape!
Details
Listing Information
Current Price: $1,200,000
List Price: $1,200,000
List Date: 2013-04-04
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 28616
Year Built: 1984
Est Age Range: 21 - 30 Yrs
Lot Size: 107X168
# Spaces off-Street: 10
Parking: Off-Street
Location Legal Taxes
House # (1): 464
Street Direction Pfx: S
Street Name: FRANKLIN
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks Directions
Directions: S Main to Academy to S Franklin
Status Change Information
Status: Closed
Under Contract Date: 2013-05-22
Sold Date: 2013-08-01
Expenses
Annual Gross Income: 164125.72
Annual Electric Exp: 11060.42
Annual Othr Fuel Exp: 268.81
Annual Water Exp: 7533.94
Annual Sewer Exp: 8949.5
Annual Garbage Remvl: 3030
Annual Real Est Tax: 24572.35
Annual Fire/Liabilty: 5163.92
Annual Snow Removal: 437.5
Anl Net Inc b/4 Debt: 103109.28
Appliances
# Ranges: 25
# Refrigerators: 25
Unit 1 Info
Unit #: 1
Approx SF: 800
# Rooms: 4
Monthly Rent: 675
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 650
# Rooms: 3
Monthly Rent: 600
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric
Heat Type: Forced Air
AC Type: Other - See Remarks
Condition: Very Good
Exterior: Brick; Stucco
Roof: Other - See Remarks
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: None
MF Amenities: Coin-Op Washer/Dryer; Dumpster
Listing Office: Classic Properties Kingston
Listing Agent: Larissa Cleary
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
