399-401 MADISON Street, Wilkes-Barre

Wilkes-Barre, PA, 18705 · MLS #13-1509

$79,000

Sold July 2013

399-401 MADISON Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

3,000

Building SF

1930

Year Built

$26

Per Sq Ft

Last List Price

$89,000

Sold For

$79,000

Against Asking

Sold 11.2% below asking

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Listed by John Shelley, Crossin Real Estate, (570) 288-0770. Source: Luzerne County Association of REALTORS® MLS.

Property Summary

This is a multi-family property in Wilkes-Barre, built in 1930. It has 4 units and a building area of 3,000 square feet. The MLS lists the basement as partially finished and heating as natural gas and baseboard. There is a detached garage. It sold in July 2013 for $79,000.

Summary written by Jonathan J. Nelson Real Estate from the MLS facts on this page. It is not the listing firm’s description.

This property has sold and is no longer on the market. This is an older sale from July 2013, and prices in this area have changed since then. It sold for $79,000 in July 2013. Contact us for other recent sales nearby.

Property Details

The Property

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

Interior

Basement: Partially Finished
Interior Features: Plaster
Included: 4 stoves all ''AS-IS''

Systems

Heating: Natural Gas, Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Aluminum Siding
Outdoor: Porch
Garage: Detached
Lot Dimensions: 5184 sq/ft

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Multi-Family

Costs & Listing

Annual Taxes: $2,325
Gross Income: $24,540
Net Operating Income: $16,000
Cap Rate: 17.98%
MLS #: 13-1509
Listed By: Crossin Real Estate

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