71 E Main Street Street, Nanticoke City, PA 18634
$550,000
Property Type:
Residential Income
Bedrooms:
12
Baths:
9
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$550,000
List Date:
2/16/2024
Last Modified:
4/18/2024
Description
Prepossessing, and extremely well maintained! Excellent investment opportunity located in heart of Nanticoke City. This building features a nine-unit commercial building, which are occupied by tenants. There are seven apartments accompanied by two commercial storefronts with LOW taxes. Situated one block away from the Luzerne County Community College and directly opposite Geisinger Medical, Restaurants, post office, and municipal bus stop in a busy and growing area.
More Information MLS# SC-1098
Contract Information
Current Price: $550,000
List Price: $550,000
Status: Active
Listing Contract Date: 2024-02-15
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 2
Buyer Brokerage Compensation Type: %
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: %
Dual Or Variable Rate Commission YN: No
Owner Name: Morris Massre
Location, Tax, and Legal
Street Number: 71
Street Direction Prefix: E
Street Name: Main Street
Street Suffix: Street
City Region: Nanticoke City
Municipality: Nanticoke City
State: PA
Postal Code: 18634
County: Luzerne
High School District: Nanticoke Area
County Tax Amount: 1008.32
Municipal Tax Amount: 981.91
School Tax Amount: 1983.7
Tax Annual Amount: 4020
Tax Year: 2023
Tax Information: Available
Tax Assessed Value: 165000
Parcel Number: 42-J7NE4 -024-002-000
Zoning: C9
Directions: Interstate 81 to exit 164, Nanticoke. Make L onto Sans Souci Pkwy. Go straight at traffic light at CVS. Go approx 1/2 mi , Geisinger on R, building is on L next to Cocoa Hut Mini Mart.
Tax Book Number: 009172
General Property Information
Number Of Units Total: 9
Bedrooms Total: 12
Bathrooms Total: 9
Bathrooms Full: 7
Bathrooms Half: 2
Above Grade Finished Area: 7500
Below Grade Unfinished Area: 2500
Living Area: 7500
Enhanced Accessible: No
Year Built: 1920
Year Built Source: Owner
New Construction YN: No
Lot Size Acres: 0.12
Lot Size Dimensions: 150x80
Basement YN: No
Stories: 3
Auction YN: No
List Price/SqFt: 73.33
Remarks and Miscellaneous
Public Remarks: Prepossessing, and extremely well maintained! Excellent investment opportunity located in heart of Nanticoke City. This building features a nine-unit commercial building, which are occupied by tenants. There are seven apartments accompanied by two commercial storefronts with LOW taxes. Situated one block away from the Luzerne County Community College and directly opposite Geisinger Medical, Restaurants, post office, and municipal bus stop in a busy and growing area.
Inclusions: 7 Stoves, 7 Refrigerators, Entire contents of Coffee shop. See list. All in ''as is''
Exclusions: Personal property of tenants.
Status Change Information
Major Change Timestamp: 2024-04-18T14:16:50Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-17T18:06:23Z
Status Change Timestamp: 2024-04-18
Back on Market Date: 2024-04-17
Unit 1
Unit #: Commercial 1
Actual Rent: 1000
SqFt Total: 1650
Baths Total: 1
Dining Room YN: No
Kitchen YN: Yes
Unit Remarks: Coffee Shop
Unit 2
Unit #: Commercial 2
SqFt Total: 850
Baths Total: 1
Dining Room YN: No
Kitchen YN: No
Unit 3
Unit #: 1 Studio
Actual Rent: 550
SqFt Total: 500
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 4
Unit #: 2 Studio
Actual Rent: 550
SqFt Total: 500
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: No
Occupied YN: Yes
Unit 5
Unit #: 3
Actual Rent: 650
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 6
Unit #: 4
Actual Rent: 700
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 7
Unit #: 5
Actual Rent: 750
SqFt Total: 835
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 8
Unit #: 6
Actual Rent: 600
SqFt Total: 833
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 9
Unit #: 7
Actual Rent: 600
SqFt Total: 833
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Meter Information
Number Of Separate Electric Meters: 9
Number Of Separate Gas Meters: 9
Number Of Separate Water Meters: 1
Road Frontage Type
Road Frontage Length: 50
Property Features
Appliances: Other
Architectural Style: Complex
Community Features: Sidewalks
Construction Materials: Brick; Vinyl Siding
Cooling: Wall/Window Unit(s)
Current Financing: Conventional; Other
Current Use: Commercial; Multi-Family
Electric: 440+ Volts
Exterior Features: None
Fencing: None
Fireplace Features: None
Flooring: Carpet; Ceramic Tile; Laminate
Foundation Details: Block
Heating: Baseboard; Electric
Interior Features: See Remarks
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: See Remarks
Owner Pays: Management; Repairs; Taxes; Water
Parking Features: On Street
Possession: Negotiable
Road Surface Type: Asphalt
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Structure Type: Multi Family
Tenant Pays: Cable TV; Electricity; Gas
Utilities: See Remarks
Water Source: Public
Listing Office: Christian Saunders Real Estate
Last Updated: April - 18 - 2024
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.