502-504 Exeter Ave., West Pittston
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About This Property
5 unit brick investment property in original condition with positive cash flow that can significantly increase with interior cosmetic improvements. 2 commercial store fronts plus a rear 2 bedroom apartment on the 1st floor. 2nd floor has two 1+ bedroom units. Heat and hot water are included in rents. Unit 4 is vacant - start the remodeling there and use this piece to build your long term portfolio Oil Furnace services all units and has been maintained yearly. Thermostat is located in barber shop and kept at 68 during cold season. Multiple Natural gas meters are already on site as well if new buyer wanted to separate heat.
This property has sold and is no longer on the market. This is an older sale on record (November 2020), not a recent one — values in this market have moved since. It sold for $110,000 in November 2020. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Century 21 Signature Properties.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Fair
Interior
- Basement
- Concrete
- Interior Features
- Paneling, Plaster
Systems
- Heating
- Steam
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Brick
- Roof
- Composition
- Lot Dimensions
- 45x75
Location
- County
- Luzerne County
- School District
- Wyoming
- Zoning
- Residential
Costs & Listing
- Annual Taxes
- $3,254
- Gross Income
- $18,420
- Net Operating Income
- $6,259
- Cap Rate
- 5.01%
- MLS #
- 20-3034
- Listed By
- Century 21 Signature Properties
What Is Your West Pittston Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in West Pittston and give you a real number — not an automated estimate.
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