183 N Main Street, Pittston

Pittston, PA, 18640 · MLS #24-3395

$975,000

Sold January 2025

1 / 8

Approximate location · View larger map

Units

6,300

Building SF

$155

Per Sq Ft

Last List Price

$1,050,000

Sold For

$975,000

Against Asking

Sold 7.1% below asking

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About This Property

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. 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!

This property has sold and is no longer on the market. It sold for $975,000 in January 2025. Contact us for other recent sales nearby. Listed by Keller Williams Elite.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Style: 3 or More Units
Condition: Excellent

Interior

Basement: Concrete
Interior Features: Drywall
Included: All Refrigerators(8), washer/dryer units(8)

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick
Roof: Composition
Lot Dimensions: .08

Location

County: Luzerne County
School District: Pittston
Zoning: Commercial

Costs & Listing

Annual Taxes: $5,027
Gross Income: $118,800
Net Operating Income: $89,093
Cap Rate: 8.49%
MLS #: 24-3395
Listed By: Keller Williams Elite

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