03
OCT
OCT
$142,900
Hanover Township, PA 18706
MLS# 21-649
Status: Closed
4170 sqft

1 / 16
Property Description
15% CAP RATE, This is a money maker. I wouldn't wait. Your NET before Debt is $19295. The 4 bedroom units have Gas Steam Heat. The 2 bedroom unit has electric heat. each unit has separate utilities. . Or you could live in one and let the rents pay your costs. THIS PROPERTY IS CLOSE TO THE INDUSTRIAL PARKS JOBS. The 3rd floor may be made into 1 or 2 more apartments.
Details
Listing Information
Current Price: $142,900
List Price: $142,900
List Date: 2021-02-21
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 4170
Est Age Range: 51 - 75 Yrs
Lot Size: 40 x 131
# Spaces off-Street: 3
Location Legal Taxes
House # (1): 589
Street Name: Front
Street Suffix: Street
City (Post Office): Hanover Township
State/Province: PA
Zip Code: 18706
County: Luzerne
MLS Area: Ashley-Nanticoke-Hanover Twp
School District: Hanover
Municipality: Hanover Twp
Develop/Subdivision: None
Remarks Directions
Directions: From Nanticoke take Middle road (going toward Sugar Notch) Right onto S. Main St. then Right onto Front St., investment property on Right. Property in Warrior Run
Status Change Information
Status: Closed
Under Contract Date: 2021-03-01
Sold Date: 2021-03-31
Expenses
Annual Gross Income: 28800
Annual Sewer Exp: 1072
Annual Garbage Remvl: 1500
Annual Real Est Tax: 2982.49
Annual Fire/Liabilty: 1500
Annual Lawn Maint.: 150
Annual Snow Removal: 150
Annual Other Misc: 1100
Total Annl Expenses: 7704.49
Anl Net Inc b/4 Debt: 21435.51
Appliances
# Ranges: 3
# Refrigerators: 3
Unit 1 Info
Unit #: 1
Approx SF: 1670
# Rooms: 6
Monthly Rent: 950
# Bedrooms: 4
Kitchen Style: Semi-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: Y
Unit 2 Info
Unit #: 2
Approx SF: 1670
# Rooms: 6
Monthly Rent: 800
# Bedrooms: 4
Kitchen Style: Semi-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: Y
Unit 3 Info
Unit #: 3
Approx SF: 635
# Rooms: 6
Monthly Rent: 650
# Bedrooms: 2
Kitchen Style: Semi-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: Y
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Hot Water Radiator
AC Type: Wall Units
Condition: Good
Exterior: Aluminum
Roof: Comp Shingle
Interior Finish: Drywall; Paneling
Water: Public
Sewer: Public
Basement: Concrete Floor
Listing Office: TradeMark Realty Group
Listing Agent: David Sudimak
Last Updated: May - 21 - 2026
Information deemed reliable but not guaranteed.
