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251-253 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$1,428,000
Property Type: Commercial Sale Square Footage: 3,302 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $1,428,000 List Date: 2/04/2023 Last Modified: 12/11/2023

Description

Great investment opportunity located close to Kings college. This is fully rented and is a great money maker. New roof just redone in 2020. Huge PORTFOLIO opportunity this includes several addresses. 8 properties with 26 units, Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y

More Information MLS# 23-360

Contract Information

Current Price: $1,428,000 Sold Price: $1,428,000 Status: Closed Listing Contract Date: 2023-02-03 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 2.5 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: Samir Realty Environmental Survey YN: No

Location, Tax, and Legal

Street Number: 251-253 Street Direction Prefix: N Street Name: Pennsylvania Street Suffix: Avenue Municipality: Wilkes Barre City State: PA Postal Code: 18702 County: Luzerne High School District: Wilkes-Barre Area City Region: Wilkes-Barre City Tax Annual Amount: 25000 Tax Year: 2021 Tax Assessed Value: 50500 Parcel Number: 73-H10SW1-007-02A-000 Additional Parcels YN: No Zoning Description: Multi-Family Directions: Take Wilkes-Barre Blvd - Turn Right At Scott St. Then Turn Right at N. Pennsylvania Ave. Tax Book Number: 02274/001156

General Property Information

Building Area Total: 3302 Building Area Total (Report Only): 3302 Enhanced Accessible: No Year Built: 1935 Building Name: N/A Parking Total: 4 Lot Size Acres: 0.13 Lot Size Dimensions: 40x143 Land Lease YN: No Basement YN: No Stories: 2 Auction YN: No List Price/SqFt: 545.12 Sold Price/SqFt: 432.47

Remarks and Miscellaneous

Public Remarks: Great investment opportunity located close to Kings college. This is fully rented and is a great money maker. New roof just redone in 2020. Huge PORTFOLIO opportunity this includes several addresses. 8 properties with 26 units, Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y Exclusions: No

Status Change Information

Major Change Timestamp: 2023-06-15T23:20:57Z Major Change Type: Status Change Status Change Timestamp: 2023-06-15 Purchase Contract Date: 2023-02-06 Close Date: 2023-06-15 Close Price: 1428000 Concessions: No

Building Features

Included In Contract: Building Only Office SqFt: 1100 Retail SqFt: 1100 Warehouse SqFt: 1100

Oil, Gas and Mineral Rights

Property Subject To Lease: Property Subject To Lease

Road Frontage Type

Road Frontage Length: 40

Property Features

Building Features: Other; See Remarks Construction Materials: Asphalt Current Use: See Remarks Electric: Circuit Breakers Flooring: Carpet; Other Heating: Other; See Remarks Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Other; See Remarks Parking Features: Garage; On Street; None Possession: Negotiable Road Frontage Type: Highway Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Water Source: Public
Listing Office: ERA One Source Realty
Last Updated: December - 11 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.