03
OCT
OCT
$729,000
Wilkes-Barre, PA 18702
MLS# 16-1673
Status: Closed
13968 sqft

1 / 8
Property Description
16 Unit investment, totally rented & the tenants pay the heat and hot water! This property consist of 14-2 bedrooms, 1-1 bedroom, 1-3 bedroom and 16 paved parking spaces. Call today for more information on this turn-key operation
Details
Listing Information
Current Price: $729,000
List Price: $729,000
List Date: 2016-04-05
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 13968
Est Age Range: 51 - 75 Yrs
Lot Size: 16860
Garage Type: None
# Spaces off-Street: 16
Parking: Off-Street
Location Legal Taxes
House # (1): 95-99
Street Name: MAFFETT
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: From Hanover onto Old River Rd then left on Maffett and the property is on the right.
Status Change Information
Status: Closed
Under Contract Date: 2017-04-02
Sold Date: 2017-06-22
Expenses
Annual Gross Income: 117600
Annual Electric Exp: 1546
Annual Water Exp: 7553
Annual Sewer Exp: 3686
Annual Garbage Remvl: 2492
Annual Real Est Tax: 16000
Annual Fire/Liabilty: 5000
Total Annl Expenses: 36277
Anl Net Inc b/4 Debt: 81323
Appliances
# Ranges: 16
# Refrigerators: 16
# Dishwashers: 16
Unit 1 Info
Unit #: 1
Approx SF: 1020
# Rooms: 5
Monthly Rent: 725
# Bedrooms: 3
Kitchen Style: 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: 720
# Rooms: 3
Monthly Rent: 576
# Bedrooms: 1
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: Modern
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: 820
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: 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: 820
# Rooms: 4
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: 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 10 Info
Unit #: 10
Approx SF: 820
# Rooms: 4
Monthly Rent: 575
# Bedrooms: 2
Kitchen Style: 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; Gas
Heat Type: Combination; Electric Baseboard
AC Type: None
Condition: Very Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor; Partial; Unfinished
MF Amenities: Coin-Op Washer/Dryer; Dumpster
Listing Office: Coldwell Banker Town & Country Properties
Listing Agent: Robert Altmayer
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
