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.