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Listed by John Clawson Dream Homes Real Estate LLC
$ 649,000
Est. payment | /mo
9,400 SqFt
$ 649,000
Est. payment | /mo
9,400 SqFt
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 9,400 sqft
Price per Sqft $69
MLS Listing ID 25-5413
Annual Tax Amount $4,956
Lot Size 9,400 Sqft
Lot Dimensions .33 Acres
Property Sub-Type Residential Income
Source Luzerne County Association of REALTORS®
Property Description
Fully Occupied!
Grossing over $76k per year with multiple revenue streams (residential apartments, storage, commercial lease, styling studio)- this building has it all!
Featuring 3 residential apartments, 3 garage bays (4 total storage spaces), styling studio, and another large open commercial space- all which are fully occupied and bringing in stable income. This diversified income generating asset would make a great addition to any seasoned investors portfolio!
The sale also includes a 10-space parking lot parcel that adds even more versatility and capabilities.
Property has 4 separate electric meters. as well as electric baseboard heat in each apartment.
-Each apartment is estimated 1100 sq ft each. Two are 3 bedroom units, the 3rd is an oversized 1 BR and easily can be converted to two bedrooms.
Two parcels (Lot 008 & 011) offered for sale together:
-0.184 acres (50' x 160') with existing structure
-0.149 acres (50' x 130') vacant parking lot
Check docs for est cap rates. Expenses can be furnished upon request.
Grossing over $76k per year with multiple revenue streams (residential apartments, storage, commercial lease, styling studio)- this building has it all!
Featuring 3 residential apartments, 3 garage bays (4 total storage spaces), styling studio, and another large open commercial space- all which are fully occupied and bringing in stable income. This diversified income generating asset would make a great addition to any seasoned investors portfolio!
The sale also includes a 10-space parking lot parcel that adds even more versatility and capabilities.
Property has 4 separate electric meters. as well as electric baseboard heat in each apartment.
-Each apartment is estimated 1100 sq ft each. Two are 3 bedroom units, the 3rd is an oversized 1 BR and easily can be converted to two bedrooms.
Two parcels (Lot 008 & 011) offered for sale together:
-0.184 acres (50' x 160') with existing structure
-0.149 acres (50' x 130') vacant parking lot
Check docs for est cap rates. Expenses can be furnished upon request.
Location
State PA
Direction From Main St. in Nanticoke, turn on Fairchild St. Building is on the corner of W. Union and Fairchild.
Rooms
Basement Concrete Floor
Interior
Heating Gas, Hot Water Baseboard
Fireplace No
Building
Structure Type Stucco,Vinyl Siding
New Construction No
Schools
School District Nanticoke
Others
Tax ID 42-J7SW3 -003-011-000; 42-J7SW3 -011-008-000
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