$3,150,000
$300K PRICE DROP

127 N Main St Pittston, PA 18640

Estimated payment $18,905/month

Total Views 15,684
-- Bed
-- Bath
18,448 Sq Ft
$171 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Coin Laundry
  • Property is in excellent condition
  • Hot Water Heating System
  • Community Deck or Porch
  • 5-minute walk to Sullivan Park

About This Home

Take a step into downtown Pittston's vibrant future! This is an investment opportunity that's as smart as it is exciting! This renovated mixed-use complex is comprised of four architecturally refined buildings with sixteen modernized units, artfully blending one-bedroom & two-bedroom residences with thriving commercial spaces.

Last Listed By

Matthew Nelson

License #RS372694 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,667

Year Built

  • 1930

Lot Details

  • Property is in excellent condition

Parking

  • 18 Off-Street Spaces

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Wood Siding
  • Block Exterior
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 18,448 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

Overview

  • 16 Units

Amenities

  • Community Deck or Porch
  • Coin Laundry

Building Details

  • Trash Expense $3,360
  • Water Sewer Expense $2,400
  • Real Estate Tax Expense $15,667
  • Gross Income $309,026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,667

Year Built

1930

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: From N. River Street, Plains / Continue onto N. Main Street, Pittston / Complex on Right /
  • Est County Tax: 3349.57
  • Estimated School Tax: 8710.20
  • EstTotalTax: 15667.00
  • Age: 100 Plus Yrs
  • Expenses Annual Sewer Exp: 2400.00
  • Expenses Annual Water Exp: 5400.00
  • Hot Water Heater: Electric
  • Listing Member Name: Matthew Nelson
  • Listing Office Short Id: 9046
  • Tax Municipality: Pittston City
  • NumberSpacesOffStreet: 18.00
  • Open House Office I D: 20231011152712452598000000
  • Prop. Type: Multi-Family
  • PROPTYPE: Multiple Buildings
  • InteriorFinish: Drywall
  • Building Style: Multiple Buildings
  • Estimated Total Sq Ft: 18448.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Full Unfinished
  • Limited Service: No

Exterior Features

  • Property Condition: Excellent
  • Exterior: Block, Wood, Vinyl, Metal, Brick
  • Roof: Rolled, Rubber

Garage/Parking

  • Parking: Off-Street

Utilities

  • Hvac Type: Central, Wall Units
  • Heat Fuel Type: Electric
  • Heat Type: Forced Air, Space Heater, Heat Pump
  • Sewer: Public
  • Hot Water: Public

Association/Amenities

  • MFAmenities: Coin-Op Washer/Dryer, Street Lights, Patio, Fencing, Dumpster, Deck

Condo/Co-op/Association

  • Number of Units: 16

Schools

  • School District: Pittston
  • School District: Pittston

Lot Info

  • Lot Size: Irregular ; 300' Frontage
  • Zoning: Commercial

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,043 $102,300 $9,500 $92,800
2024 $3,043 $102,300 $9,500 $92,800
2023 $3,043 $102,300 $9,500 $92,800
2022 $3,024 $102,300 $9,500 $92,800
2021 $3,024 $102,300 $9,500 $92,800
2020 $2,967 $102,300 $9,500 $92,800
2019 $2,947 $102,300 $9,500 $92,800
2018 $2,896 $102,300 $9,500 $92,800
2017 $2,844 $102,300 $9,500 $92,800
2016 -- $102,300 $9,500 $92,800
2015 -- $102,300 $9,500 $92,800
2014 -- $102,300 $9,500 $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $3,150,000 -8.7% $171 / Sq Ft
03/14/2025 03/14/25 For Sale $3,450,000 -- $187 / Sq Ft
Source: Luzerne County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $99,000 None Available
Deed $8,900 Attorney
Sheriffs Deed $5,415 None Available
Deed $105,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Commercial
Previous Owner $54,600 Construction
Previous Owner $84,000 Commercial
Previous Owner $937,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Luzerne County Association of REALTORS®

MLS Number: 25-1133

APN: 72-E11NE2-022-020-000

Pennsylvania Luzerne County Pittston 18640

127 N Main St, Pittston, PA

This home is located at 127 N Main St, Pittston, PA 18640 and is currently priced at $3,150,000, approximately $170 per square foot. This property was built in 1930. 127 N Main St is a home located in Luzerne County with nearby schools including Pittston City Intermediate Center, Pittston Area Middle School, and Pittston Area Senior High School.

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Listing Agent
Matthew Nelson