Listed By:
EXP Realty, LLC
Address
28 Senate Drive, Mountain Top, PA
Price
$ 2,450,000
Property Attributes
  • MLS#PALU2001422
  • TypePending
  • CountyLUZERNE
  • CityMountain Top
  • AreaWright Twp
  • Zip18707
  • StyleApartment Building
  • Year Built1975
  • Taxes$ 15500
  • Price$ 2,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20900
  • Lot Size4.55 Acres
Data Source:
Bright MLS
Property Description

Amazing Investment Opportunity! This rare property consists of 22 residential units, 22 storage units, over 40 parking spaces, four coin operated washers and two coin operated dryers, and manager's office. Situated on a 4.55 acre lot, there is a massive opportunity for a subdivision or to add several more buildings to increase the unit count to well over 100! Endless opportunities to add value to the property. Increase the quality of living while increasing your cash flow. Win-win! Proof of funds/pre approval letter is required for any showing requests. Offering memorandum available by request.

Price History
12/22/2023 Listed $2,450,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RESIDENTIAL
Construction Materials Brick
Year Built 1975
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Gas,Insurance,Repairs,Sewer,Water,Trash Collection,Taxes - Real Estate,Lawn/Shrub Care,Heat,Common Area Maintenance,Sewer Maintenance
Business Type Apartment Building
Accessibility None
County LUZERNE
Insurance Expense 9847.92
New Construction No
Property Type Commercial Sale
MaintenanceExpense 12000.00
Water Access Y/N No
Status PENDING
Directions From N. Mountain Blvd,make a left on Church Rd. Turn Right on Independence Ct. and left on Senate Dr. Complex will be on your right at the corner of Senate and Charter.
ModificationTimestamp 2024-04-03T09:54:22
City MOUNTAIN TOP
Buyer Agent Compensation 2
Total Units 22
MLS Area Wright Twp (13764)
Lot Size Square Feet 198198.00
Tax Assessed Value 788900.0
Waterfront Y/N No
Street Name SENATE
Tax Annual Amount 15500.0
Electric Expense 1800.00
Trash Expense 7800.00
Price Per Sq Ft 117.22
Acceptable Financing Conventional,Cash
Vacation Rental Y/N No
Virtual Tour https://show.tours/v/xmMc2KX
Days on Market 104
Standard Status Pending
Year Built Source Estimated
Tax Lot 1A
Total Actual Rent 220000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix DRIVE
Central Air Y/N Yes

Exterior Features

Water Source Public
Inclusions All personal property,Washers,dryers,office equipment in as-is condition
Total Parking Spaces 44
Type of Parking Parking Lot
Land Use Code 211
Water View Y/N No
Building Area Total 20900.00
Lot Size Acres 4.55
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 136500.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 44

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 18707

Price
AVG $2.45M
$2.45M
Taxes
AVG $15,500
$15,500
Visits
AVG 142
142
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1975

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