Estimated payment $3,929/month
Highlights
- Paneling
- Community Deck or Porch
- 3-minute walk to Newport Wanamie Recreation
- Hot Water Heating System
- Hot Water Baseboard Heater
About This Home
Fully Occupied! Grossing over $76k per year with multiple revenue streams (residential apartments, storage, commercial lease, styling studio)- this building has it all! Featuring 3 residential apartments, 3 garage bays (4 total storage spaces), styling studio, and another large open commercial space- all which are fully occupied and bringing in stable income. This diversified income generating asset would make a great addition to any seasoned investors portfolio! The sale also includes a 10-space parking lot parcel that adds even more versatility and capabilities. Property has 4 separate electric meters. as well as electric baseboard heat in each apartment. -Each apartment is estimated 1100 sq ft each. Two are 3 bedroom units, the 3rd is an oversized 1 BR and easily can be converted to two bedrooms. Two parcels (Lot 008 & 011) offered for sale together:
-0.184 acres (50' x 160') with existing structure
-0.149 acres (50' x 130') vacant parking lot Check docs for est cap rates. Expenses can be furnished upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,957
Parking
- Off-Street Parking
Home Design
- Fire Rated Drywall
- Composition Shingle Roof
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 9,400 Sq Ft Home
- Paneling
Utilities
- No Cooling
- Heating System Uses Gas
- Hot Water Baseboard Heater
- Hot Water Heating System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- $190,000 per year additional tax assessments
Community Details
Building Details
- Water Sewer Expense $4,200
- Real Estate Tax Expense $4,957
- Gross Income $76,800
- Net Operating Income $55,821
Additional Features
- 5 Units
- Community Deck or Porch
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,889 | $150,000 | $40,300 | $109,700 |
| 2025 | $3,913 | $150,000 | $40,300 | $109,700 |
| 2024 | $3,913 | $150,000 | $40,300 | $109,700 |
| 2023 | $3,859 | $150,000 | $40,300 | $109,700 |
| 2022 | $3,681 | $150,000 | $40,300 | $109,700 |
| 2021 | $3,601 | $150,000 | $40,300 | $109,700 |
| 2020 | $3,601 | $150,000 | $40,300 | $109,700 |
| 2019 | $3,572 | $150,000 | $40,300 | $109,700 |
| 2018 | $3,510 | $150,000 | $40,300 | $109,700 |
| 2017 | $3,447 | $150,000 | $40,300 | $109,700 |
| 2016 | $1,661 | $150,000 | $40,300 | $109,700 |
| 2015 | $4,413 | $150,000 | $40,300 | $109,700 |
| 2014 | $4,413 | $150,000 | $40,300 | $109,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | Pending | -- | -- | -- |
| 01/13/2026 01/13/26 | Price Changed | $649,000 | -7.2% | $69 / Sq Ft |
| 10/27/2025 10/27/25 | For Sale | $699,000 | -- | $74 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Special Warranty Deed | $92,842 | None Available |
Source: Luzerne County Association of REALTORS®
MLS Number: 25-5413
APN: 42-J7SW3-003-011
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Ask me questions while you tour the home.