03
OCT
OCT
$265,000
Wilkes-Barre, PA 18702
MLS# 25-4190
Status: Closed
2550 sqft
1 / 34
Property Description
Great investment opportunity! This well maintained 3 unit property features separate heat, gas and electric for each apartment, keeping expenses simple and efficient. Two units are occupied with reliable tenants, providing steady income from day one. The 3rd unit is freshly available, perfect for an owner occupant looking to offset their mortgage or an investor to fill quickly!
Details
Listing Information
Current Price: $260,000
Sold Price: $260,000
List Date: 2025-08-20
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 2550
Est Age Range: 76 - 100 Yrs
Lot Size: .06
Location Legal Taxes
House # (1): 169
Street Name: Madison
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks Directions
Directions: N Main St - Left on Butler - Right on Madison - Home on Left
Status Change Information
Status: Closed
Under Contract Date: 2025-08-27
Sold Date: 2025-10-03
Sold Price: $260,000
Expenses
Annual Gross Income: 22200
Annual Water Exp: 2400
Annual Sewer Exp: 900
Annual Real Est Tax: 2526
Annual Fire/Liabilty: 1200
Total Annl Expenses: 3600
Anl Net Inc b/4 Debt: 22200
Appliances
# Ranges: 3
# Refrigerators: 3
Unit 1 Info
Unit #: 1
Approx SF: 700
# Rooms: 5
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 700
# Rooms: 4
Monthly Rent: 850
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 850
# Rooms: 5
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: None
Condition: Good
Exterior: Aluminum
Roof: Comp Shingle
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor
Supplements
With low taxes and a strong rental history, this property is a smart addition to any portfolio!
Listing Office: Christian Saunders Real Estate
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
