03
OCT
OCT
$425,000
Luzerne, PA 18704
MLS# 05-3871
Status: Closed
6500 sqft

1 / 3
Property Description
A Great Investment Property!!! A Real Money Maker!! Low maintenance/high cash flow 15 unit building. All 1 bedroom units rented. Excellent location, good neighborhood, off-street parking for 10 cars, tenants pay all utilities.
Details
Maps
Listing Information
Current Price: $425,000
List Price: $425,000
List Date: 2005-10-11
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 6500
Est Age Range: 51 - 75 Yrs
Lot Size: 75 x 200
Garage Type: None
# Spaces off-Street: 10
Parking: Off-Street
Location Legal Taxes
House # (1): 52-56
Street Name: Main
Street Suffix: Street
City (Post Office): Luzerne
State/Province: PA
Zip Code: 18704
County: Luzerne
MLS Area: Kingston Surrounds
School District: Wyoming Valley West
Municipality: Luzerne Boro
Develop/Subdivision: None
Remarks Directions
Directions: Wyoming Avenue to Bennett Street to Main Street. Property on left. Parking in rear. No Sign.
Status Change Information
Status: Closed
Under Contract Date: 2006-01-17
Sold Date: 2006-03-15
Expenses
Annual Gross Income: 61000
Annual Electric Exp: 400
Annual Water Exp: 1900
Annual Sewer Exp: 2500
Annual Garbage Remvl: 1200
Annual Real Est Tax: 6100
Annual Fire/Liabilty: 4800
Annual Flood Ins: 1200
Annual Other Misc: 2500
Total Annl Expenses: 20500
Anl Net Inc b/4 Debt: 40500
Appliances
# Ranges: 15
# Refrigerators: 15
# Washer: 2
# Dryers: 2
Unit 1 Info
Unit #: 1
Approx SF: 300
# Rooms: 3
Monthly Rent: 300
# 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 2 Info
Unit #: 2
Approx SF: 300
# Rooms: 3
Monthly Rent: 325
# 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 3 Info
Unit #: 3
Approx SF: 250
# Rooms: 1
Monthly Rent: 330
# 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 4 Info
Unit #: 4
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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 5 Info
Unit #: 5
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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 6 Info
Unit #: 6
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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 #: 7
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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 8 Info
Unit #: 8
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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 9 Info
Unit #: 9
Approx SF: 300
# Rooms: 3
Monthly Rent: 350
# 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
Property Features
Heat Fuel Type: Electric
Heat Type: Space Heater
AC Type: Wall Units
Condition: Good
Exterior: Brick; Stucco; T-111 Plywood
Roof: Built-Up
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Full Unfinished
MF Amenities: Coin-Op Washer/Dryer; Dumpster; Street Lights
Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS
Listing Agent: Ellen Rudis
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
