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Hazleton PA | Luzerne County | Duplex
Starting Price: 199,900
Property Taxes: 1,951.89
Unit 1: 2 Bed / 1 Bath
Unit 2: 2 Bed / 1 Bath
Projected Rents 1,285/mo each
2,072 Sq Ft
0.06 Acres
Long Term Rental
Unfinished Basement
Public Water & Sewer
ARV: 260,000
Best comp:
531 W 5th Street, Hazleton, PA 18201 - SOLD 280,000
+ Deal Summary:
This duplex investment opportunity in Hazleton, located in Luzerne County, offers investors a strong combination of cash flow potential and equity upside. Priced at $199,900, the property features two 2-bedroom, 1-bath units with a total of 2,072 sq ft, making it well-suited for a long-term rental or light value-add renovation. With projected rents of $1,285 per unit, the property has the potential to generate approximately $2,570 in monthly rental income, creating solid cash flow once stabilized. The duplex also benefits from public water and sewer, an unfinished basement for additional storage, and manageable operating costs with taxes under $2,000 per year. With an estimated ARV of $260,000 and nearby comparable sales such as 531 W 5th Street selling for $280,000, investors have a clear margin to renovate, increase value, and either refinance or resell for a profit. This makes the deal a compelling opportunity for investors seeking both income and appreciation in the Hazleton rental market.
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🏷️ Financing is Either Cash or Hard/Private Money*
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