$350,000
SOLD JAN 14, 2025

416 Carleton Ave Hazleton, PA 18201

-- Bed
-- Bath
3,116 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Deck
  • More Than Two Accessible Exits
  • Radiator
  • Traditional Architecture
  • Carpet

About This Home

As of January 2025

Discover a Prime Investment Opportunity in the Heart of Hazleton! This beautifully updated fourplex apartment is a rare gem situated in a charming neighborhood. Each unit boasts a thoughtful layout, ensuring your tenants will feel right at home and never want to leave. With 4 tenants already in place, this property is well-maintained and ready to generate revenue from day one. Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refrigerators and washer/dryers, and the property benefits from four separate electric meters, allowing tenants to pay their own utilities. This four-unit boasts a strong monthly income of $4,120, totaling a gross annual income of $49,440, this investment promises an impressive return. Detailed information is available upon request. Conveniently located, it's just a short drive to hospitals and local amenities, enhancing its appeal for residents. Don't miss your chance to own this exceptional property! Opportunities like this are rare, so schedule your showing today and secure your future in real estate!

Last Agent to Sell the Property

Therese Kelley

One Valley Realty LLC License #RS344310

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1930

Parking

  • Off-Site Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Plaster Walls
  • Architectural Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,116 Sq Ft Home
  • Basement
  • Side Basement Entry

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • Deck
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • The owner pays for heat, insurance, sewer, water, trash collection, real estate taxes
  • Tax Lot 5
  • Assessor Parcel Number 71-U8NW31-005-005-000

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,370
  • Other Expense $2,213
  • Operating Expense $15,293
  • Net Operating Income $34,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 2213.00
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Discover a Prime Investment Opportunity in the Heart of Hazleton! This beautifully updated fourplex apartment is a rare gem situated in a charming neighborhood. Each unit boasts a thoughtful layout, ensuring your tenants will feel right at home and never want to leave. With 4 tenants already in place, this property is well-maintained and ready to generate revenue from day one. Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refrigerators and washer/dryers, and the property benefits from four separate electric meters, allowing tenants to pay their own utilities. This four-unit boasts a strong monthly income of $4,120, totaling a gross annual income of $49,440, this investment promises an impressive return. Detailed information is available upon request. Conveniently located, it's just a short drive to hospitals and local amenities, enhancing its appeal for residents. Don't miss your chance to own this exceptional property! Opportunities like this are rare, so schedule your showing today and secure your future in real estate!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Washer, Dryer
  • Flooring Type: Vinyl, Carpet
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Side Entrance
  • Total Sq Ft: 3116
  • Living Area Sq Ft: 3116
  • Price Per Sq Ft: 115.21
  • Above Grade Finished Sq Ft: 3116
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 416-418

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 40
  • Previous Twelve Months Electric Expense: 480.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Monthly Water Average: 242
  • Water Previous Twelve Months: 2902.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: HAZLETON AREA
  • School District Key: 300200397254
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 104
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: RA
  • Zoning Description: RESIDENTIAL APARTMENTS

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Heat, Insurance, Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 49440.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1471.00
  • Tax Annual Amount: 3388.00
  • Assessor Parcel Number: 71-U8NW31-005-005-000
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/14/2025

Multi Family

  • Gross Income: 49440.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 15293.00

MLS Schools

  • School District Name: HAZLETON AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $350,000 -2.5% $112 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $359,000 -- $115 / Sq Ft
Source: Bright MLS

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 $3,458 $128,500 $23,900 $104,600
2024 $3,458 $128,500 $23,900 $104,600
2023 $3,233 $128,500 $23,900 $104,600
2022 $3,209 $128,500 $23,900 $104,600
2021 $3,135 $128,500 $23,900 $104,600
2020 $2,801 $128,500 $23,900 $104,600
2019 $2,890 $128,500 $23,900 $104,600
2018 $2,792 $128,500 $23,900 $104,600
2017 $2,574 $128,500 $23,900 $104,600
2016 $1,830 $128,500 $23,900 $104,600
2015 -- $128,500 $23,900 $104,600
2014 -- $128,500 $23,900 $104,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $280,000 New Conventional
Previous Owner $203,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $350,000 None Listed On Document
Deed $350,000 None Listed On Document
Deed -- None Listed On Document
Deed $115,000 --
Source: Public Records

Source: Bright MLS

MLS Number: PALU2001986

Bright MLS

APN: 71-U8NW31-005-005-000