502 Exeter Avenue, West Pittston

West Pittston, PA, 18643 · MLS #24-3938

$225,000

Sold September 2024

502 Exeter Avenue, West Pittston in West Pittston

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Approximate location · View larger map

Units

3,000

Building SF

$75

Per Sq Ft

Last List Price

$244,900

Sold For

$225,000

Against Asking

Sold 8.1% below asking

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

Listed by Jonathan J. Nelson, of Jonathan J. Nelson Real Estate
Office # (570) 212-9583.
Source - Luzerne County Association of REALTORS® MLS.

About This Property

5-unit partially renovated brick investment property 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. Rent: $975 (2nd floor apartment) $575 (Barber shop) $335 (Vacuum shop) Total water bill for 2023 - $410.03 Total heat for 2023 - $3,263.90 Home Owners Insurance for 2023 - $3,156.96 Sewer Bill for 2023 - $2,519.04

This property has sold and is no longer on the market. This is an older sale from September 2024, and prices in this area have changed since then. It sold for $225,000 in September 2024. 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: Fair

Interior

Basement: Concrete
Interior Features: Drywall, Paneling, Plaster

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick
Lot Dimensions: 45x75

Location

County: Luzerne County
School District: Wyoming
Zoning: Commercial

Costs & Listing

Annual Taxes: $3,593
Gross Income: $22,620
Net Operating Income: $7,858
Cap Rate: 3.21%
MLS #: 24-3938
Listed By: Jonathan J. Nelson Real Estate

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