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.