$350,000
Pittston, PA 18640
MLS# 14-4402
Status: Closed
6000 sqft
1 / 29
Property Description
Beautiful, Profitable Complex. Fully rented and ready to go with 41k+ net income after exp. Gorgeous custom, utilities efficient, 6 unit complex w/ garage. 2 bldgs. classic 975 sq ft. entertainment room. Deck exits to a patio with a gorgeous custom brick wood pizza oven and grill area. Taxes for both bldgs, Baths: Y
Details
Location, Tax, and Legal
Street Additional Info: 1 Rowhouse Lane
Municipality: Other
High School District: Pittston Area
Cnty&Muni Taxes (Legacy): 1715.46
School Tax Amount: 3867.62
Tax Annual Amount: 5583.08
Tax Assessed Value: 313900
Parcel Number: 51e11se2002004000
Zoning Description: Residential
Tax Book Number: 3010/151881
General Property Information
Number Of Buildings: 2
Number Of Units Total: 6
Lot Size Acres: 0.23
Lot Size Dimensions: 69x144
Water Body Name: None
Parking Total: 6
Basement YN: Yes
Stories: 2
List Price/SqFt: 66.5
Sold Price/SqFt: 58.33
Building Area Total: 6000
Year Built: 1993
Remarks and Miscellaneous
Public Remarks: Beautiful, Profitable Complex. Fully rented and ready to go with 41k+ net income after exp. Gorgeous custom, utilities efficient, 6 unit complex w/ garage. 2 bldgs. classic 975 sq ft. entertainment room. Deck exits to a patio with a gorgeous custom brick wood pizza oven and grill area. Taxes for both bldgs, Baths: Y
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Electric: 1
Oil: 1
Listing Terms
Cash: 1
Conventional: 1
VA Loan: 1
Oil, Gas and Mineral Rights
Gas Rights Reserved: None
Parking Features
Garage: 1
Paved: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Road Frontage Type
Road Frontage Length: 69
City Street: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Water Source
Other: 1
Income and Expenses
Electric Expense: 500
Gross Income: 59940
Heat Expense: 6000
Insurance Expense: 2500
Maintenance Expense: 1000
Net Operating Income: 41344.92
New Taxes Expense: 5583.08
Operating Expense: 18595.08
Water Expense: 2712
Unit 1
Unit #: Rowhouse Apt 1
Actual Rent: 1245
SqFt Total: 1000
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Occupied YN: Yes
Unit 2
Unit #: Rowhouse 2
Actual Rent: 950
SqFt Total: 1000
Baths Total: 1
Beds Total: 4
Rooms Total: 6
Occupied YN: Yes
Unit 3
Actual Rent: 850
SqFt Total: 1000
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Occupied YN: Yes
Unit 4
Unit #: Norman Apt A
Actual Rent: 650
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Occupied YN: Yes
Unit 5
Actual Rent: 650
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Occupied YN: Yes
Unit 6
Unit #: Norman Front
Actual Rent: 650
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Occupied YN: Yes
Unit 7
SqFt Total: 950
Rooms Total: 1
Contract Information
Current Price: $350,000
Sold Price: $350,000
Status: Closed
Listing Contract Date: 2014-09-01
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1
Street Name: Rowhouse
Street Suffix: Lane
County: Luzerne
City (Post Office): Pittston
State: PA
Postal Code: 18640
Status Change Information
Major Change Timestamp: 2014-12-25T23:39:51Z
Major Change Type: Status Change
Purchase Contract Date: 2014-11-28
Close Date: 2014-12-19
Close Price: 350000
Property Features
Cooling: Central Air; Wall/Window Unit(s)
Heating: Baseboard; Electric; Oil
Listing Terms: Cash; VA Loan
Parking Features: Garage; Paved
Possession: Close Of Escrow; Negotiable
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Water Source: Other
Listing Office: Berkshire Hathaway
Last Updated: September - 08 - 2024
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