38-40 Abbott Street, Plains
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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
- January 2016 · this sale$255,000
- 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.
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