20 N Old Turnpike Road, Drums

Drums, PA, 18222 · MLS #23-5084

$220,000

Sold December 2023

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Approximate location · View larger map

Units

1,722

Building SF

$128

Per Sq Ft

Last List Price

$239,900

Sold For

$220,000

Against Asking

Sold 8.3% below asking

Thinking about selling in Drums? Find out what your home is worth, based on recent sales like this one.

About This Property

Brick duplex, owned for 40+ years, with many updates. Next to 88 acre Freedom Park. Both are 5 room 2 BR units. Separate utilities. 2 car garage with 2nd floor with private entrance. 1st floor furnace is new and super economical.Income is projected based on past tenant history. Most tenants were long term-4 to 6 years. Extended family conversion may be possible. Owner is licensed Realtor.

This property has sold and is no longer on the market. This is an older sale from December 2023, and prices in this area have changed since then. It sold for $220,000 in December 2023. Contact us for other recent sales nearby. Listed by BrokersRealty.Com.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Duplex
Style: Duplex (Up & Down)
Condition: Very Good

Interior

Basement: Concrete
Interior Features: Drywall, Paneling, Plaster
Included: 2 ranges & refrigerators. 1 range to be replaced.

Systems

Heating: Baseboard
Water: Private
Sewer: Public Sewer

Exterior & Lot

Exterior: Aluminum Siding, Brick
Roof: Composition
Outdoor: Porch
Garage: 2 Car Detached
Lot Dimensions: .31 acre

Location

County: Luzerne County
School District: Hazleton
Zoning: Apartment Residential

Costs & Listing

2023 Taxes: $2,848
Gross Income: $25,200
Net Operating Income: $19,872
Cap Rate: 8.28%
MLS #: 23-5084
Listed By: BrokersRealty.Com

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