Sold

38-40 Abbott Street, Plains

Plains, PA, 18705 · MLS #15-6268
$255,000
Sold January 2016
38-40 Abbott Street, Plains in Plains
1 / 7
5
Units
4,104
Building SF
$62
Per Sq Ft
Last List Price
$275,000
Sold For
$255,000
Against Asking
Sold 7.3% below asking

Wondering what that means for your own property? Get a real valuation in Plains — a local agent runs the comparables by hand, not an automated estimate.

About This Property

What a beauty and money maker. 4 unit plus single family home with garage. Live in single and pay your mortgage with the rental income from the 4 unit. Extensive remodeling! New windows, roof, gutters, and vinyl siding. New rear deck on 4 unit, some remodeling done inside, rear home has a new gas steam boiler. Parking for 8 cars and separate utilities.

This property has sold and is no longer on the market. This is an older sale on record (January 2016), not a recent one — values in this market have moved since. It sold for $255,000 in January 2016. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Berkshire Hathaway HomeServices Poggi, REALTORS.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multiple Buildings
Condition
Very Good

Interior

Basement
Unfinished, Partial
Interior Features
Drywall, Plaster
Included
5 stoves. AS IS CONDITION

Systems

Heating
Natural Gas, Baseboard
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Vinyl Siding
Roof
Composition
Garage
1 Car Detached
Lot Dimensions
80x150

Location

County
Luzerne County
School District
Wilkes-Barre
Zoning
Residential

Costs & Listing

Annual Taxes
$3,406
Gross Income
$37,200
Net Operating Income
$31,154
Cap Rate
11.33%
MLS #
15-6268
Listed By
Berkshire Hathaway HomeServices Poggi, REALTORS

Sale History at This Address

  1. January 2016  ·  this sale$255,000
  2. August 2013  ·  MLS #13-2706$105,000

Between August 2013 and January 2016 the recorded sale price for this address rose $150,000 (142.9%). That is what the closings show; it is not a valuation, and it does not account for any work done in between.

What Is Your Plains Home Worth Today?

Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Plains and give you a real number — not an automated estimate.

Request a Valuation
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