570-788-8500

$334,900
50 N Sherman Street
Wilkes-Barre, PA 18702
MLS# 20-3858
5000 sqft


50 N Sherman Street, Wilkes-Barre, PA 18702
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Property Description
Remarkable 7 unit property (2 three apartment buildings and a single family home) with an additional massive garage...a true investors dream with endless potential! The first 2 buildings are FULLY OCCUPIED with long term tenants. Each of the units has been renovated to accommodate the tenants taste and needs. We begin with each of the bottom units: a 1 BD and 1 BTH, second floor (street level)

Details
Listing Information
Current Price: $334,900
List Price: $334,900
List Date: 2020-09-09
Property Information
Property Type: Multi-Family
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 5000
Est Age Range: 51 - 75 Yrs
Lot Size: 40 x 190 and 0.238
Garage Stalls: 8
Garage Type: Detached
Location, Legal & Taxes
House # (1): 50
Street Direction Pfx: N
Street Name: Sherman
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Zoning: Residential
PIN #: 73-H10SW4-005-042-000/02,73-H10SW4-005-043-000
DB/Record Book: 03019
Page: 123134
Total County Assmnt: 101000
Est County Tax: 623.52
Est Total Tax: 3469.56
Remarks & Directions
Include: 6 stoves, 6 refrigerators
Exclude: Personal Property
Directions: Head North on Coal St, make a right on Sherman St, properties on the right.
Hot Sheet Comment: new
Status Change Information
Status: Active
Expenses
Annual Gross Income: 58800
Annual Electric Exp: 1600
Annual Gas Exp: 1400
Annual Water Exp: 3600
Annual Sewer Exp: 1624.64
Annual Garbage Remvl: 2700
Annual Real Est Tax: 3469.56
Annual Fire/Liabilty: 3500
Annual Lawn Maint.: 600
Total Annl Expenses: 18494.2
Anl Net Inc b/4 Debt: 40305.8
Appliances
# Ranges: 6
# Refrigerators: 6
Unit 1 Info
Unit #: 50
Approx SF: 575
# Rooms: 2
Monthly Rent: 800
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 50
Approx SF: 775
# Rooms: 4
Monthly Rent: 775
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 50
Approx SF: 775
# Rooms: 5
Monthly Rent: 875
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 52
Approx SF: 575
# Rooms: 2
Monthly Rent: 800
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y
Unit 5 Info
Unit #: 52
Approx SF: 775
# Rooms: 4
Monthly Rent: 775
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 6 Info
Unit #: 52
Approx SF: 775
# Rooms: 5
Monthly Rent: 875
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 7 Info
Unit #: 52
Approx SF: 1542
# Rooms: 6
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Hot Water Radiator; Radiant
AC Type: None
Condition: Very Good
Exterior: Aluminum; Bricktex/Asphalt
Roof: Comp Shingle
Interior Finish: Drywall; Paneling; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor; Dirt Floor
Supplements
2 BDS and 1BTH and the top floor 3 BDS and 1BTH. The third building is a single family with renovating potential with lots of possibilities with a massive side yard.(potential rental amount is $1,000. As a surprise, a colossal garage with unlimited potential. Call listing agent for appointment, allow 48 hrs. COVID-19 HSA forms must be submitted for all entering property prior to showing. Max of 3 persons, (includes agent) inside property at a time. All entering the property are responsible for their own PPE, masks and gloves A MUST for showings. PLEASE NOTE: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and the agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

Listing Office: O Connor Real Estate

Listing Agent: Brenda Suder

Last Updated: September - 23 - 2020

Information deemed reliable but not guaranteed.

Monday 28th of September 2020 09:07 PM

CONTACT

Aggressive Realty & Rentals LLC logo

635 State Route 93
P.O. Box 1403
Conyngham, PA 18219
Phone (570) 788-8500
Fax (570) 788-2399
Email: ken@aggressiverealty.com