16 First Avenue, Kingston, PA 18704 (MLS# 22-285)
16 First Avenue, Kingston, PA 18704
$3,450,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$3,450,000
List Date:
1/28/2022
Last Modified:
9/14/2024
Description
TURNKEY RESIDENTIAL OPERATION! West Side Portfolio offering of 14 properties with 43, fully occupied units. This is a wonderful opportunity to add additional value and a large number of units to your portfolio in 1 shot. All buildings are well maintained. Contact agent for more details and a breakdown of each property., Tax Information: Available, Ceiling Height: Up to 8' - Y, Additional Info: Please contact agents for more details., Ceiling Height: 9' to 12'- Y, No Overhead Door: Y
More Information MLS# 22-285
Contract Information
Current Price: $3,450,000
Sold Price: $3,450,000
Status: Closed
List Date: 2022-01-12
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Xito Group, LLC
Location Tax and Legal
House # (1): 16
Street Name: First
Street Suffix: Avenue
City (Post Office): Kingston
State/Province: PA
Zip Code: 18704
County: Luzerne
Geo Lat: 41.253239
Geo Lon: -75.88822
General Property Information
Year Built: 1950
Building Name: N/A
Lot Size Dimensions: See Documents
Waterfront YN: No
Basement YN: No
Remarks and Miscellaneous
Public Remarks: TURNKEY RESIDENTIAL OPERATION! West Side Portfolio offering of 14 properties with 43, fully occupied units. This is a wonderful opportunity to add additional value and a large number of units to your portfolio in 1 shot. All buildings are well maintained. Contact agent for more details and a breakdown of each property., Tax Information: Available, Ceiling Height: Up to 8' - Y, Additional Info: Please contact agents for more details., Ceiling Height: 9' to 12'- Y, No Overhead Door: Y
Status Change Information
Major Change Timestamp: 2022-04-07T19:45:47Z
Major Change Type: Status Change
Status Change Timestamp: 2022-04-07
PurchaseContractDate: 2022-01-21
CloseDate: 2022-04-07
ClosePrice: 3450000
Concessions: No
Income and Expenses
Annual Total Expense: 125888
Gross Income: 403220
Net Operating Income: 277332
Property Features
Levels: One
Listing Terms: Cash
Road Frontage Type: City Street
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Appointment Only
Listing Office: Lewith & Freeman Kingston
Last Updated: September - 14 - 2024
Information deemed reliable but not guaranteed.