173-177 Union StNanticoke, PA 18634

Property Details for 173-177 Union St

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This well-maintained three-unit apartment building presents a compelling investment opportunity in the heart of Nanticoke, Pennsylvania. Located at 173-177 E Union Street, 18634, this property offers three identical units, each boasting two bedrooms and one bathroom. Each unit is equipped with its own garage. A significant advantage is that all tenants are responsible for their own utilities, minimizing the owner's operational expenses. Currently, the leases are below market value, presenting a clear opportunity to increase rental income. The property's strategic location offers easy access to key amenities and employment centers. Its proximity to Luzerne Community College, the Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center ensures a consistent demand for rental units. The asking price for this turnkey investment is $255,000, representing an attractive price per unit of $85,000. This multifamily property is an ideal addition to any investor's portfolio, offering strong potential for both immediate and long-term returns. The property is situated at 41.19906 latitude and -75.998165 longitude in Luzerne County.

Location Insight

City

Nanticoke

County

Luzerne

State

Pennsylvania

Latitude

41.1991

Longitude

-75.9982

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