1-3-5-7 Miller Street, Pittston, PA 18640 (MLS# SC-250104)

1-3-5-7 Miller Street, Pittston, PA 18640

$499,000

Property Type: Residential Income Bedrooms: 10 Baths: 4 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $499,000 List Date: 1/08/2025 Last Modified: 1/13/2025

Description

4-Unit Investment Property for Sale - Prime Opportunity! 12 Percent CAP RATE Financials Available Looking for a lucrative investment with steady cash flow potential? This well-maintained 4-unit property offers an excellent opportunity to grow your portfolio! Whether you're a seasoned investor or new to real estate, this property provides great value and upside in a desirable location. Each unit features spacious layouts,(Over 1100 sq feet) updated interiors, and reliable tenants, making this a turnkey investment with minimal hassle. With rents steadily increasing in the area, you'll benefit from long-term growth and strong returns. Key Features: • 2 Units 2 bed/1 bath and 2 units 3 bed/1bath • Strong rental history and reliable tenants in place • Recent updates to flooring, kitchens, and bathrooms • Off-street parking and convenient location near public transport • High demand area with low vacancy rates Group Showing: Sunday 1/12 at 12 pm SHARP - Don't miss your chance to see this great property in person! Proof of funds or preapproval required to see Occupied Units! This investment opportunity won't last long!

More Information MLS# SC-250104

Contract Information

Current Price: $499,000 List Price: $499,000 Status: Active Listing Contract Date: 2025-01-08 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Phu Bui

Location Tax and Legal

Street Number: 1-3-5-7 Street Name: Miller Street Suffix: Street State: PA Postal Code: 18640 County: Luzerne

General Property Information

Number Of Units Total: 4 Bedrooms Total: 10 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 4615 Below Grade Finished Area: 336 Living Area: 4951 Enhanced Accessible: No Year Built: 1920 Year Built Source: Appraiser New Construction YN: No Lot Size Acres: 0.19 Lot Size Dimensions: 5,663 sq ft Waterfront YN: No Basement YN: Yes Stories: 2 Auction YN: No List Price/SqFt: 100.79

Remarks and Miscellaneous

Public Remarks: 4-Unit Investment Property for Sale - Prime Opportunity! 12 Percent CAP RATE Financials Available Looking for a lucrative investment with steady cash flow potential? This well-maintained 4-unit property offers an excellent opportunity to grow your portfolio! Whether you're a seasoned investor or new to real estate, this property provides great value and upside in a desirable location. Each unit features spacious layouts,(Over 1100 sq feet) updated interiors, and reliable tenants, making this a turnkey investment with minimal hassle. With rents steadily increasing in the area, you'll benefit from long-term growth and strong returns. Key Features: • 2 Units 2 bed/1 bath and 2 units 3 bed/1bath • Strong rental history and reliable tenants in place • Recent updates to flooring, kitchens, and bathrooms • Off-street parking and convenient location near public transport • High demand area with low vacancy rates Group Showing: Sunday 1/12 at 12 pm SHARP - Don't miss your chance to see this great property in person! Proof of funds or preapproval required to see Occupied Units! This investment opportunity won't last long! Inclusions: All seller owned appliances- Refrigerator, Stove/Oven. Exclusions: Washer and Dryers are Tenant owned and excluded from Sale.

Status Change Information

Major Change Timestamp: 2025-01-08T23:39:46Z Major Change Type: New Listing Status Change Timestamp: 2025-01-08

Unit 1

Unit #: 7 Actual Rent: 1000 SqFt Total: 1186 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Lease Expiration Date: 2025-06-30

Unit 2

Unit #: 5 Actual Rent: 1400 SqFt Total: 1120 Baths Total: 1 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Lease Expiration Date: 2026-03-31

Unit 3

Unit #: 3 Actual Rent: 1400 SqFt Total: 1120 Baths Total: 1 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: No

Unit 4

Unit #: 1 Actual Rent: 1250 SqFt Total: 1186 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: 4

Property Features

Appliances: Water Heater Architectural Style: See Remarks Basement: Concrete; Full; Unfinished Common Walls: No One Above; No One Below Community Features: Other Construction Materials: Vinyl Siding Cooling: None Current Financing: Conventional; FHA; VA Current Use: Residential Electric: 100 Amp Service Flooring: Vinyl Heating: Electric; Natural Gas Laundry Features: In Unit Levels: Bi-Level Listing Terms: Cash; Conventional; FHA Lot Features: Cleared Owner Pays: Insurance; Taxes; Water Parking Features: Off Street Patio And Porch Features: Front Porch Property Condition: Updated/Remodeled Showing Requirements: 24 Hour Notice; Appointment Only; Combination Lock Box

Listing Office: EXP Realty LLC

Last Updated: January - 13 - 2025

Information deemed reliable but not guaranteed.