40 Pierce St Kingston, PA 18704-4620
Property Lookup
Property profile & analytics
40 Pierce St Kingston, PA 18704-4620
- Apartment buildings
- 0.16 lot acres
Property ID
US73-5874003
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 40 Pierce St
- Lot size
- 0.16 lot acres
- Property type
- Apartment buildings
- APN
- 34-G9SE3-001-020
- APU
- 34G9SE3001020
Description
This well-maintained, six-unit apartment building in Kingston, Pennsylvania presents a compelling value-add investment opportunity. Located in a desirable neighborhood near the vibrant downtown area, this three-story, 4,600 square foot building offers a strong pro-forma cap rate of 7.27% and a pro-forma NOI of $58,054. Built in 1940, the property sits on a 0.16-acre lot and is zoned residential. Each of the six units is designed for tenant comfort, featuring spacious layouts and modern amenities. A key advantage is that tenants are responsible for their own gas and heat, significantly reducing operating costs. Low property taxes in Kingston further enhance the net return on investment. The building's strategic location ensures high demand and stable occupancy rates, making it an attractive addition to any portfolio. The asking price is $799,000, translating to $173.70 per square foot and $133,167 per unit. This property combines consistent rental income with low maintenance requirements and proximity to Kingston's bustling downtown, offering both financial efficiency and potential for future appreciation. This is a smart and lucrative investment choice.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8907
- Latitude
- 41.2655
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,986
$25,700
$128,000
$153,700
-
$25,700
$128,000
$153,700
