1210-1212 S Main St, Hanover Twp, PA 18706 (MLS# 21-4936)

1210-1212 S Main St, Hanover Twp, PA 18706

$381,500
Property Type: Residential Income Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $381,500 List Date: 12/17/2021 Last Modified: 9/11/2024

Description

**Open House 1/15/2022. 12-2pm. Offers due 1/17/2022 - 12:00PM.** Absolutely amazing investment opportunity with an 11%+ CAP RATE. Room for improvement on some rents to increase monthly cash flow. Coin Op Laundry $100/m Get in to see this property immediately., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 2300.00, SqFt Fin - Main: 2500.00, SqFt Fin - 2nd: 2500.00

More Information MLS# 21-4936

Contract Information

Current Price: $381,500 Sold Price: $381,500 Status: Closed Listing Contract Date: 2021-10-21 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: EAS6 Realty

Location Tax and Legal

Street Number: 1210-1212 Street Direction Prefix: S Street Name: Main St State: PA Postal Code: 18706 County: Luzerne

General Property Information

Number Of Buildings: 1 Number Of Units Total: 7 Above Grade Finished Area: 7300 Living Area: 7300 Enhanced Accessible: No Year Built: 1960 New Construction YN: No Lot Size Acres: 0.13 Lot Size Dimensions: 50x121 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 3 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: **Open House 1/15/2022. 12-2pm. Offers due 1/17/2022 - 12:00PM.** Absolutely amazing investment opportunity with an 11%+ CAP RATE. Room for improvement on some rents to increase monthly cash flow. Coin Op Laundry $100/m Get in to see this property immediately., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 2300.00, SqFt Fin - Main: 2500.00, SqFt Fin - 2nd: 2500.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2022-05-11T13:36:27Z Major Change Type: Status Change Status Change Timestamp: 2022-05-11 Purchase Contract Date: 2022-02-21 Close Date: 2022-05-05 Close Price: 381500 Concessions: No Buyer Financing: Conventional Concessions Amount: 3500

Income and Expenses

Gross Income: 64800 Sewer Expense: 1200 Water Expense: 3600

Unit 1

Unit #: 1A Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 2B Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 3C Actual Rent: 950 SqFt Total: 1000 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: remodeled recent

Unit 4

Unit #: 4D Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 5E Actual Rent: 600 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 6

Unit #: 6F Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: 3 year tenant

Unit 7

Unit #: 7G Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Road Frontage Type

Road Frontage Length: 50

Property Features

Appliances: Range; Refrigerator Basement: Full Community Features: None Construction Materials: Brick; Stucco Cooling: None Heating: Electric; Natural Gas Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Corner Lot; Level Parking Features: Other Possession: Close Of Escrow Road Surface Type: Paved Roof: Asphalt; Rolled/Hot Mop Sewer: Public Sewer Showing Requirements: Text Listing Agent Water Source: Public
Listing Office: EXP Realty LLC
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
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