140 W River Street, Wilkes-Barre, PA 18702 (MLS# SC-6278)
140 W River Street, Wilkes-Barre, PA 18702
$699,000
Property Type:
Residential Income
Bedrooms:
12
Baths:
6
Lot Size (sq. ft.):
13,068
Status:
Active
Current Price:
$699,000
List Date:
12/11/2024
Last Modified:
12/16/2024
Description
This well-maintained 6-unit building features stylish 2-bedroom apartments, all updated since 2023. Located just one block from Wilkes University, it's perfect for attracting tenants. The property includes a spacious lot measuring 220x60, offering ample parking for residents. Don't miss out on this prime investment in excellent condition!
More Information MLS# SC-6278
Contract Information
Current Price: $699,000
List Price: $699,000
Status: Active
Listing Contract Date: 2024-12-11
Property Sub Type: Multi Family
Listing Agreement: Exclusive Agency
Owner Name: Allegheny MT 1 LP
Location Tax and Legal
Street Number: 140
Street Direction Prefix: W
Street Name: River
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
General Property Information
Number Of Units Total: 6
Bedrooms Total: 12
Bathrooms Total: 6
Bathrooms Full: 6
Above Grade Finished Area: 6300
Below Grade Finished Area: 6300
Living Area: 12600
Enhanced Accessible: No
Year Built: 1950
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Open Parking Spaces: 12
Parking Total: 12
Lot Size Acres: 0.3
Lot Size Dimensions: 220x60
Land Lease YN: No
Waterfront YN: No
Basement YN: Yes
Stories: 3
Units Furnished: None
Auction YN: No
List Price/SqFt: 55.48
Remarks and Miscellaneous
Public Remarks: This well-maintained 6-unit building features stylish 2-bedroom apartments, all updated since 2023. Located just one block from Wilkes University, it's perfect for attracting tenants. The property includes a spacious lot measuring 220x60, offering ample parking for residents. Don't miss out on this prime investment in excellent condition!
Status Change Information
Major Change Timestamp: 2024-12-11T16:33:16Z
Major Change Type: New Listing
Status Change Timestamp: 2024-12-11
Income and Expenses
Annual Total Expense: 15900
Gross Income: 83160
Insurance Expense: 4500
Net Operating Income: 67260
Operating Expense: 5500
Unit 1
Unit #: A
Actual Rent: 1300
Security Deposit $: 1300
SqFt Total: 1100
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2025-04-30
Unit 2
Unit #: B
Actual Rent: 950
Security Deposit $: 950
SqFt Total: 1100
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2024-12-31
Unit 3
Unit #: C
Actual Rent: 1330
Security Deposit $: 1300
SqFt Total: 1100
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2025-02-28
Unit 4
Unit #: D
Actual Rent: 1350
Security Deposit $: 1350
SqFt Total: 1100
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2025-01-31
Unit 5
Unit #: E
Actual Rent: 1000
SqFt Total: 950
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: No
Unit Remarks: Listed for Rent
Unit 6
Unit #: F
Actual Rent: 1000
Security Deposit $: 1000
SqFt Total: 950
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2024-12-31
Unit Details
2 Bedroom: 6
Property Features
Appliances: Gas Oven; Gas Range; Refrigerator
Basement: Concrete
Current Use: Multi-Family
Income Includes: Rent Only
Laundry Features: Electric Dryer Hookup; In Basement; Washer Hookup
Levels: Three Or More
Operating Expense Includes: Maintenance Grounds; Trash; Water/Sewer
Owner Pays: Common Area Maintenance; Pest Control; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Features: No Garage; Off Street
Possession: Close Of Escrow
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Combination Lock Box; Showing Service; Text Listing Agent
Structure Type: Multi Family
Tenant Pays: Electricity
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office: Cobblestone Real Estate LLC
Last Updated: December - 16 - 2024
Information deemed reliable but not guaranteed.