28-32 Midland Street, Carbondale, PA 18407 (MLS# SC-6330)
28-32 Midland Street, Carbondale, PA 18407
$499,000
Property Type:
Residential Income
Bedrooms:
11
Baths:
6
Lot Size (sq. ft.):
43,560
Status:
Active
Current Price:
$499,000
List Date:
12/16/2024
Last Modified:
12/16/2024
Description
Attention Investors are you looking for value add? This is it! This 4bldg/6 unit portfolio must be sold together. The 2 ''front'' buildings are doubles at the street. Each with a single family behind . All tenants are mo./mo. Listing is at a 5 cap that's terrible !! SIMPLY increase the rents to market value now your at a 10 CAP! All showings will be scheduled in groups, reach out today!
More Information MLS# SC-6330
Contract Information
Current Price: $499,000
List Price: $499,000
Status: Active
Listing Contract Date: 2024-12-12
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Matthew & Suetanna Remak
Location Tax and Legal
Street Number: 28-32
Street Name: Midland
Street Suffix: Street
State: PA
Postal Code: 18407
County: Lackawanna
General Property Information
Number Of Units Total: 6
Bedrooms Total: 11
Bathrooms Total: 6
Bathrooms Full: 6
Above Grade Finished Area: 5150
Living Area: 5150
Enhanced Accessible: No
Year Built: 1940
Year Built Source: Estimated
New Construction YN: No
Lot Size Acres: 1
Lot Size Dimensions: 100x150x100x150
Waterfront YN: No
Basement YN: Yes
Stories: 2
Auction YN: No
List Price/SqFt: 96.89
Remarks and Miscellaneous
Public Remarks: Attention Investors are you looking for value add? This is it! This 4bldg/6 unit portfolio must be sold together. The 2 ''front'' buildings are doubles at the street. Each with a single family behind . All tenants are mo./mo. Listing is at a 5 cap that's terrible !! SIMPLY increase the rents to market value now your at a 10 CAP! All showings will be scheduled in groups, reach out today!
Inclusions: 6 stoves, 6 refrigerators
Exclusions: Tenants personal property
Status Change Information
Major Change Timestamp: 2024-12-16T18:19:26Z
Major Change Type: New Listing
Status Change Timestamp: 2024-12-16
Income and Expenses
Annual Total Expense: 137477
Electric Expense: 1500
Sewer Expense: 1500
Water Expense: 3600
Unit 1
Unit #: 28
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 2
Unit #: 30
Actual Rent: 750
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 30 Rear
Actual Rent: 850
SqFt Total: 1400
Baths Total: 1
Beds Total: 3
Dining Room YN: No
Kitchen YN: Yes
Unit 4
Unit #: 32
Actual Rent: 500
SqFt Total: 650
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Unit 5
Unit #: 34
Actual Rent: 650
SqFt Total: 800
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Unit 6
Unit #: 36
Actual Rent: 600
SqFt Total: 800
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Property Features
Basement: Concrete; Crawl Space; Dirt Floor
Listing Office: LUZERNE COUNTY ASSOCIATION OF REALTORS
Last Updated: December - 16 - 2024
Information deemed reliable but not guaranteed.