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183 N Main Street

PITTSTON, PA 18640
  • $1,150,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: PALU2001650
$1,150,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,300
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:

School Ratings & Info

School District:

Description

Welcome to 183 N Main St! Your next investment opportunity awaits. This property has been completely redone and offers a low maintenance investment opportunity for a future landlord. Be part of the path of progress as Downtown Pittston undergoes the next phase of revitalization. Revitalization projects include; new sidewalks and cross walks, development of the Market & Main/New American Theater, a new brewery, and several other projects!The building consists of eight(8) fully leased apartments; 4-1 bedroom, 3-2 bedroom and 1-studio apartment. Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring.The building has a new roof, new electrical service, sub-metered water, new exterior walkways, new exterior paint, new doors and truly comes as a turn key opportunity!Additional development opportunity exists with neighboring properties. Showings of the property will be held in prescheduled group tours.

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www.chesapeakebayproperties.com/homes/149292210
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183 N Main Street PITTSTON, PA 18640

  • Price: $1,150,000
  • Status: Active
  • On Site: 56 Days
  • MLS #: PALU2001650
0
Beds
0
Baths
0
½ Baths
0.08
Acres
6,300
SQFT
$183
$/SQFT
1917
Built
Neighborhood:
Pittston City (13772)
County:
Luzerne
Area:
Pittston City (13772)
School District:
Pittston Area
Property Description
Welcome to 183 N Main St! Your next investment opportunity awaits. This property has been completely redone and offers a low maintenance investment opportunity for a future landlord. Be part of the path of progress as Downtown Pittston undergoes the next phase of revitalization. Revitalization projects include; new sidewalks and cross walks, development of the Market & Main/New American Theater, a new brewery, and several other projects!The building consists of eight(8) fully leased apartments; 4-1 bedroom, 3-2 bedroom and 1-studio apartment. Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring.The building has a new roof, new electrical service, sub-metered water, new exterior walkways, new exterior paint, new doors and truly comes as a turn key opportunity!Additional development opportunity exists with neighboring properties. Showings of the property will be held in prescheduled group tours.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Location Type Downtown Parking Types None Pool No Pool Property Condition Excellent Roof Shingle View River Water Access YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 6300 Basement Outside Entrance Basement YN Yes Below Grade Finished Area 0 Cooling Central A/C Exclusions Tenant related belongings Flooring CarpetLaminate Plank Heating 90% Forced AirBaseboard - Electric Heating YN Yes Inclusions 8 Refrigerators8 water/dryer units Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashBank PortfolioConventionalExchange Accessibility Features None Central Air YN Yes Cooling Fuel Electric Electric Other Foundation Details Stone Heating Fuel Natural GasElectric Historic YN No Hot Water Electric Insurance Expense 6620.00 Maintenance Expense 5880.00 Municipality PITTSTON CITY Navigable Water YN N Net Operating Income 87453.00 New Construction YN No Number Of Units Leased 8 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 23767.00 Operating Expense Includes InsuranceTrash Original MLSNumber 803002707016 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5027.00 Tax Lot 35 Total Actual Rent 117600.00 Trash Expense 1640.00 Vacation Rental YN No Water Source Public Window Features Replacement Year Built Effective 2022 Zoning MIXED USE Zoning Description 8- Unit Apartment building

 
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