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37 Pierce St Kingston, PA 18704

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For Sale
$550,000

Fully occupied 5-unit multifamily property in Kingston, Pennsylvania.

Property Features for 37 Pierce St

General Information

Standard status
Active
Zoning
Resi

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Listing Contact
Jennifer De Jesus
Jennifer De Jesus
Source: Crexi

Listing Agency: Steel City Realty Listing Agent: Jennifer De Jesus

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Kingston Multifamily Investment Opportunity

This is a fully occupied 5-unit multifamily property located in Kingston, Pennsylvania. It offers immediate cash flow and strong fundamentals. All five units are currently leased. Tenants pay the majority of utilities, which keeps operating expenses low and margins strong. This property is a turnkey investment with stable in-place income from day one. It is ideal for investors seeking a hands-off asset. For units 1, 3, and 4, the landlord pays for gas heat only. All other utilities are paid by the tenant. Unit 2 and Unit 5 do not include any utilities. All units have their own individual heat and electric meters. A new owner can transfer responsibility of 100% of all utilities to the tenant.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Kingston
County
Luzerne
State
Pennsylvania
Longitude
-75.891266
Latitude
41.265242

FAQs

What type of property is this?
Apartment building - Fully occupied 5-unit multifamily property in Kingston, Pennsylvania.
Where is this apartment building located?
The property is located at 37 Pierce St Kingston, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Fully occupied 5-unit multifamily property providing immediate cash flow.; - Tenants currently pay the majority of utilities, resulting in low operating expenses.; - Turnkey investment requiring minimal effort from the new owner.
More about this property
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