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532 RIDGE Street, Freeland

Freeland, PA, 18224 · MLS #16-1148

$130,000

Sold May 2016

1 / 6

Units

1920

Year Built

Last List Price

$135,000

Sold For

$130,000

Against Asking

Sold 3.7% below asking

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

About This Property

This property consists of 4 different improvements. A store with an apartment. A 2 unit. And 2 single family residences. All in good condition and fully rented. A good buy for the landlord/investor out there.

This property has sold and is no longer on the market. This is an older sale on record (May 2016), not a recent one — values in this market have moved since. It sold for $130,000 in May 2016. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by North Penn Realty.

Property Details

The Property

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

Interior

Basement: Concrete
Interior Features: Drywall, Paneling, Plaster
Included: 532 Ridge, 530 Ridge, 908 Main, Main

Systems

Heating: Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Stucco, Vinyl Siding
Roof: Composition
Garage: Detached
Lot Dimensions: 117x22x23x30x140x54

Location

County: Luzerne County
School District: Hazleton
Zoning: Residential

Costs & Listing

2015 Taxes: $2,975
Gross Income: $38,100
Net Operating Income: $23,008
Cap Rate: 17.04%
MLS #: 16-1148
Listed By: North Penn Realty

What Is Your Freeland Home Worth Today?

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

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