183 N Main Street Pittston, PA $ 1,150,000
183 N Main Street
$ 1,150,000
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183 N Main Street

Pittston, PA, 18640
$ 1,150,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 8,033

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Multi-Family Home for sale in Pittston, PA

for $1,150,000 with 10 bedrooms. This home was built in 1917 on a lot size of 0.08.

Welcome to 183 N Main St! Your next investment opportunity awaits. This property has been completely redone and offers a low maintenance investment opportunity for a future landlord. Be part of the path of progress as Downtown Pittston undergoes the next phase of revitalization. Revitalization projects include; new sidewalks and cross walks, development of the Market & Main/New American Theater, a new brewery, and several other projects! The building consists of eight(8) fully leased apartments; 4-1 bedroom, 3-2 bedroom and 1-studio apartment. Each unit has been completely redone and offers separate utilities, new HVAC(studio has electric baseboard), new plumbing, new hot water heaters, new electric, new kitchens including granite countertops, stainless steel appliances, solid wood doors, all new replacement windows, modern hardware and durable LVP flooring. The building has a new roof, new electrical service, sub-metered water, new exterior walkways, new exterior paint, new doors and truly comes as a turn key opportunity! Additional development opportunity exists with neighboring properties. Showings of the property will be held in prescheduled group tours.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 5,027

Style

Lot Size

0.08

Year Built

1917

Town/City

Pittston

County/Region

Luzerne

MLS | Web ID

PALU2001650

Features
Interior
Heating Fuel Natural Gas Electric
Basement Outside Entrance
Flooring Carpet Laminate Plank
Hot Water Electric
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Window Features Replacement
Street Suffix STREET
Central Air Y/N Y
Avg. Heating Oil Per Month 0.0
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General
Sewer Public Sewer
Heating 90% Forced Air Baseboard - Electric
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning MIXED USE
Architectural Style Other
Construction Materials Brick
Exclusions Tenant related belongings
Year Built 1917
Electric Other
View River
Property SubType Other
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PITTSTON CITY
Accessibility None
County LUZERNE
Net Operating Income 87453.00
Operating Expense 23767.00
Insurance Expense 6620.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From PA Rte 315 N Turn Left onto Oak St Turn Right onto Twp Blvd Turn Left onto William St Turn Right onto N Main St. Building is on the right
City PITTSTON
Buyer Agent Compensation 2
Zoning Description 8- Unit Apartment building
Total Units 4
MLS Area Pittston City (13772)
Lot Size Square Feet 3485.00
Waterfront Y/N N
Number of Units Leased 8
Street Name MAIN
Tax Annual Amount 5027.0
Property Condition Excellent
Trash Expense 1640.00
Two Bedroom 3
Structure Type Detached
Price Per Sq Ft 329.99
Acceptable Financing Cash Bank Portfolio Conventional Exchange
Avg. Electric Per Month 50.0
Avg. Gas Per Month 0.0
Historic Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 0.0
Days on Market 23
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 35
Total Actual Rent 117600.00
Cap Rate 7.30
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Inclusions 8 Refrigerators 8 water/dryer units
Type of Parking None
Foundation Details Stone
Water View Y/N Y
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 25000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 183
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* Excluded Features
List By
Keller Williams Elite

Broker

matthew@kghomegroup.com

Email

Affordability Calculator

$8,452
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,033
Monthly Property Taxes
$419
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4435398 Elementary School
4635803 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$1,150,000 -4.17% Price Down
4/18/2024$1,200,000 Listed Price

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183 N Main Street, Pittston, PA, 18640 is a Multi-Family Home for sale at $1,150,000 with a lot size of 0.08. 183 N Main Street has 10 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 18640 which is in Pittston, PA