10-12 E Germania Street, Hanover Twp, PA 18706 (MLS# SC-250650)

10-12 E Germania Street, Hanover Twp, PA 18706

$360,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $360,000 List Date: 2/17/2025 Last Modified: 4/09/2025

Description

10-12 Germania St is a delightful 4-unit multifamily portfolio located in the vibrant heart of Wilkes Barre, PA. This property comprises two one-bedroom units, all of which are all at fully occupied. Built in 1947, the building boasts vinyl flooring and comes with essential appliances such as a stove, refrigerator, and dishwasher in most units. The central gas boiler ensures comfortable heating throughout.

More Information MLS# SC-250650

Contract Information

Current Price: $360,000 Sold Price: $360,000 Status: Closed Listing Contract Date: 2025-02-17 Property Sub Type: Apartment Property Attached YN: No Listing Agreement: Exclusive Right To Sell Listing Service: Full Service Owner Name: 10 12 East Germania Street LLC

Location Tax and Legal

Street Number: 10-12 Street Direction Prefix: E Street Name: Germania Street Suffix: Street State: PA Postal Code: 18706 County: Luzerne

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Bedrooms Total: 8 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 2438 Living Area: 2438 Enhanced Accessible: No Year Built: 1947 Year Built Source: Estimated New Construction YN: No Garage YN: No Lot Size Acres: 0.1 Lot Size Dimensions: 72x68x68x68 Lot Dimensions Source: Public Records Land Lease YN: No Association YN: No Waterfront YN: No Basement YN: Yes Furnished: Unfurnished Stories: 2 Units Furnished: None Fireplace YN: No Spa YN: No Senior Community YN: No Rent Control YN: No Auction YN: No List Price/SqFt: 153.81 Sold Price/SqFt: 147.66

Remarks and Miscellaneous

Public Remarks: 10-12 Germania St is a delightful 4-unit multifamily portfolio located in the vibrant heart of Wilkes Barre, PA. This property comprises two one-bedroom units, all of which are all at fully occupied. Built in 1947, the building boasts vinyl flooring and comes with essential appliances such as a stove, refrigerator, and dishwasher in most units. The central gas boiler ensures comfortable heating throughout.

Status Change Information

Major Change Timestamp: 2025-04-09T20:07:35Z Major Change Type: Status Change Status Change Timestamp: 2025-04-09 Purchase Contract Date: 2025-03-10 Close Date: 2025-04-09 Close Price: 360000 Concessions: Yes Buyer Financing: Conventional Concessions Amount: 3500

Income and Expenses

Gross Income: 47400 Net Operating Income: 31777 Operating Expense: 15623

Unit 1

Unit #: 1 Actual Rent: 975 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Unit 2

Unit #: 2 Actual Rent: 1000 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Unit 3

Unit #: 3 Actual Rent: 975 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Unit 4

Unit #: 4 Actual Rent: 1000 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Unit Details

2 Bedroom: 4

Property Features

Appliances: Other Architectural Style: Traditional Basement: Unfinished Cooling: None Current Use: Multi-Family Electric: Circuit Breakers Fencing: None Fireplace Features: None Flooring: Carpet; Tile; Vinyl Heating: Steam Levels: Two Listing Terms: Cash; Conventional Lot Features: Level Parking Features: Off Street Patio And Porch Features: Front Porch Pool Features: None Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only Spa Features: None Structure Type: Multi Family View: Neighborhood Water Source: Public
Listing Office: ERA One Source Realty
Last Updated: April - 09 - 2025
Information deemed reliable but not guaranteed.