68-70 W South Street, Wilkes-Barre, PA 18701 (MLS# 23-5204)

Current Price: $365,000 Sold Price: $365,000 Status: Closed Listing Contract Date: 2023-12-01 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Aspitz Trust Portfolio Environmental Survey YN: No

Street Number: 68-70 Street Direction Prefix: W Street Name: South Street Suffix: Street State: PA Postal Code: 18701 County: Luzerne

Number Of Buildings: 1 Number Of Units Total: 5 Building Area Total: 5800 Building Area Total (Report Only): 5800 Enhanced Accessible: No Year Built: 1950 Building Name: N/A Lot Size Acres: 0.17 Lot Size Dimensions: 50x155 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 2 Auction YN: No List Price/SqFt: 77.59 Sold Price/SqFt: 62.93

Public Remarks: Great Investment Opportunity! Fully rented 5 unit in the heart of Wilkes Barre located very closely to Wilkes University! Tenants pay electricity and cooking heat!

Major Change Timestamp: 2024-10-07T20:06:07Z Major Change Type: Status Change Status Change Timestamp: 2024-10-07 Purchase Contract Date: 2024-08-16 Close Date: 2024-10-07 Close Price: 365000 Concessions: No Buyer Financing: Cash

Included In Contract: Building Only

Annual Total Expense: 13503 Electric Expense: 400 Gross Income: 60600 Insurance Expense: 2880 Net Operating Income: 47097 New Taxes Expense: 6023 Other Expense: 2500 Water Expense: 1700

Road Frontage Length: 50

Building Features: Public Restrooms; Turnkey Operations; See Remarks Construction Materials: Aluminum Siding; Wood Siding Cooling: None Current Use: Multi-Family; Residential; Unimproved Electric: Circuit Breakers Flooring: Carpet; Ceramic Tile; Other Heating: Electric; Natural Gas; Other; See Remarks Levels: Two Listing Terms: Cash; Conventional Lot Features: Level; Other; See Remarks Owner Pays: Gas Parking Features: On Street; None Possession: Negotiable Possible Use: Multi-Family Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Tenant Pays: Cable TV; Electricity Water Source: Public; Other; See Remarks