184 W River Street, Wilkes-Barre, PA 18702 (MLS# SC-1074)
184 W River Street, Wilkes-Barre, PA 18702
$311,850
Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$311,850
List Date:
3/20/2024
Last Modified:
9/11/2024
Description
Experience the charm of a historically significant college rental nestled within Wilkes-Barre's esteemed historic district. This impressive 3-unit property, conveniently located within walking distance to Wilkes University, boasts a robust rental history. Providing added convenience, the off-street tenant parking area accommodates up to 7 vehicles, ensuring ease of access for residents. Moreover, this property commands exceptional rental rates and has undergone significant electrical and cosmetic upgrades within recent years, further enhancing its appeal and investment potential!
More Information MLS# SC-1074
Contract Information
Current Price: $311,850
Sold Price: $311,850
Status: Closed
Listing Contract Date: 2024-02-14
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Jaimon Properties LLC
Location Tax and Legal
Street Number: 184
Street Direction Prefix: W
Street Name: River
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
General Property Information
Number Of Units Total: 3
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Above Grade Finished Area: 4407
Living Area: 4407
Enhanced Accessible: No
Year Built: 1920
Year Built Source: Estimated
New Construction YN: No
Lot Size Acres: 0.18
Lot Size Dimensions: 50x160
Basement YN: Yes
Stories: 3
Auction YN: No
List Price/SqFt: 76.02
Sold Price/SqFt: 70.76
Remarks and Miscellaneous
Public Remarks: Experience the charm of a historically significant college rental nestled within Wilkes-Barre's esteemed historic district. This impressive 3-unit property, conveniently located within walking distance to Wilkes University, boasts a robust rental history. Providing added convenience, the off-street tenant parking area accommodates up to 7 vehicles, ensuring ease of access for residents. Moreover, this property commands exceptional rental rates and has undergone significant electrical and cosmetic upgrades within recent years, further enhancing its appeal and investment potential!
Status Change Information
Major Change Timestamp: 2024-05-03T11:58:09Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-20T14:22:50Z
Status Change Timestamp: 2024-05-03
Purchase Contract Date: 2024-03-25
Close Date: 2024-05-02
Close Price: 311850
Concessions: Yes
Buyer Financing: Conventional
Concessions Amount: 10000
Income and Expenses
Gross Income: 48000
Unit 1
Unit #: 1
Actual Rent: 1500
SqFt Total: 1700
Baths Total: 2
Beds Total: 3
Dining Room YN: Yes
Kitchen YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1800
SqFt Total: 1607
Baths Total: 1
Beds Total: 4
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 3
Actual Rent: 700
SqFt Total: 1100
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Fireplace Features
Fireplaces Total: 1
Property Features
Appliances: Range; Refrigerator; Washer/Dryer
Basement: Unfinished
Community Features: None
Cooling: Ceiling Fan(s)
Current Use: Multi-Family
Exterior Features: None
Flooring: Laminate; Tile
Heating: Natural Gas; Steam
Interior Features: Ceiling Fan(s)
Laundry Features: In Unit
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Cleared
Operating Expense Includes: Insurance; Utilities
Owner Pays: Electricity; Gas; Hot Water; Taxes
Parking Features: Off Street; On Site; Parking Lot
Patio And Porch Features: Porch
Pool Features: None
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Spa Features: None
Structure Type: Multi Family; Triplex
Tenant Pays: Electricity
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View: None
Water Source: Public
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.