1027 Main Street, Dickson City, PA 18519 (MLS# SC-5790)

1027 Main Street, Dickson City, PA 18519

$469,000
Property Type: Residential Income Bedrooms: 10 Baths: 5 Lot Size (sq. ft.): 8,276 Status: Pending
Current Price: $469,000 List Date: 11/07/2024 Last Modified: 11/30/2024

Description

**ATTENTION INVESTORS!** A 6-unit building with parking is now available! The current cap rate exceeds 9 percent, and you can add more units to increase income by finishing the first-floor unit and converting the walk-out basement into retail or residential space. Building supplies for the unfinished first-floor unit are included with the property. Electric and gas utilities are separate, while the landlord pays water and sewer. The P&L statements are available in the documents. BEING SOLD AS-IS. INSPECTIONS FOR BUYERS KNOWLEDGE ONLY. Showings will be held on Tuesdays and Thursdays from 3:00 PM to 5:30 PM, with a SHOWINGTIME REQUEST * REQUIRED* as well as Saturdays and Sundays from 11:00 AM to 1:00 PM, with a SHOWINGTIME REQUEST * REQUIRED* . Please schedule ALL showings through ShowingTime. If you need a different day or time, we will try to accommodate your request; just schedule through ShowingTime with advance notice for coordination. All information and measurements are approximate and are not warranted or guaranteed.

More Information MLS# SC-5790

Contract Information

Current Price: $469,000 List Price: $469,000 Status: Pending Listing Contract Date: 2024-11-07 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: SCHOONOVER MAUREEN&FLESHER JASON

Location Tax and Legal

Street Number: 1027 Street Name: Main Street Suffix: Street State: PA Postal Code: 18519 County: Lackawanna

General Property Information

Number Of Units Total: 6 Bedrooms Total: 10 Bathrooms Total: 5 Bathrooms Full: 5 Above Grade Finished Area: 6000 Living Area: 6000 Enhanced Accessible: No Year Built: 1933 Year Built Source: Owner New Construction YN: No Lot Size Acres: 0.19 Lot Size Dimensions: 50X165X50X161 Waterfront YN: No Basement YN: Yes 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: 78.17

Remarks and Miscellaneous

Public Remarks: **ATTENTION INVESTORS!** A 6-unit building with parking is now available! The current cap rate exceeds 9 percent, and you can add more units to increase income by finishing the first-floor unit and converting the walk-out basement into retail or residential space. Building supplies for the unfinished first-floor unit are included with the property. Electric and gas utilities are separate, while the landlord pays water and sewer. The P&L statements are available in the documents. BEING SOLD AS-IS. INSPECTIONS FOR BUYERS KNOWLEDGE ONLY. Showings will be held on Tuesdays and Thursdays from 3:00 PM to 5:30 PM, with a SHOWINGTIME REQUEST * REQUIRED* as well as Saturdays and Sundays from 11:00 AM to 1:00 PM, with a SHOWINGTIME REQUEST * REQUIRED* . Please schedule ALL showings through ShowingTime. If you need a different day or time, we will try to accommodate your request; just schedule through ShowingTime with advance notice for coordination. All information and measurements are approximate and are not warranted or guaranteed.

Status Change Information

Major Change Timestamp: 2024-11-30T16:44:17Z Major Change Type: Status Change Status Change Timestamp: 2024-11-30 Purchase Contract Date: 2024-11-29

Income and Expenses

Annual Total Expense: 12938.95 Gross Income: 55500

Unit 1

Unit #: 1 Actual Rent: 1000 Security Deposit $: 680 SqFt Total: 1350 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Occupied YN: Yes

Unit 2

Unit #: 2 Actual Rent: 725 Security Deposit $: 500 SqFt Total: 400 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes

Unit 3

Unit #: 3 Actual Rent: 850 Security Deposit $: 625 SqFt Total: 1250 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Unit 4

Unit #: 4 Actual Rent: 1100 Security Deposit $: 1100 SqFt Total: 1500 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes

Unit 5

Unit #: 5 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes

Unit 6

Unit #: 6 SqFt Total: 800 Dining Room YN: No Kitchen YN: No

Meter Information

Number Of Separate Electric Meters: 6 Number Of Separate Gas Meters: 6 Number Of Separate Water Meters: 1

Property Features

Appliances: None Architectural Style: Converted Basement: Concrete; Walk-Out Access Community Features: None Construction Materials: Stucco; Vinyl Siding Cooling: None Current Financing: Conventional Current Use: Multi-Family Electric: 200+ Amp Service Financial Data Source: Owner Fireplace Features: None Flooring: Other Foundation Details: Block Interior Features: Storage Laundry Features: In Unit Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Paved Operating Expense Includes: Insurance; Snow Removal; Water/Sewer Showing Requirements: Appointment Only; Lockbox; Showing Service Structure Type: Multi Family Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public
Listing Office: C21 Jack Ruddy Real Estate
Last Updated: November - 30 - 2024
Information deemed reliable but not guaranteed.