03
OCT
OCT
$415,000
Wilkes-Barre, PA 18702
MLS# 24-5461
Status: Closed
3206 sqft
1 / 29
Property Description
Open house is Cancel.High Yield Investment! Renovated Brick 4 unit. 1 unit Vacant and ready for you to move in! This property is ideal for young buyers who want a smart start in real estate, FHA Friendly, All Separate Utilities.Annual Income: $53,400Expenses: A slim $4,451 NOI: $49,949Cap Rate: 11.8-still WAY above NYC averages!4Units means lower vacancy risk, minimal expenses and serious cash fl
Details
Listing Information
Current Price: $415,000
List Price: $415,000
List Date: 2024-11-03
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 3206
Est Age Range: 76 - 100 Yrs
Lot Size: .07
Location Legal Taxes
House # (1): 191
Street Direction Pfx: S
Street Name: Meade
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: S Empire St, to E South st, and turn right on Meade St.
Status Change Information
Status: Closed
Under Contract Date: 2024-11-07
Sold Date: 2024-12-10
Expenses
Annual Gross Income: 53400
Annual Electric Exp: 240
Annual Sewer Exp: 340
Annual Real Est Tax: 3871
Total Annl Expenses: 4451
Anl Net Inc b/4 Debt: 53400
Unit 1 Info
Unit #: 1
Approx SF: 800
# Rooms: 6
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 800
# Rooms: 6
Monthly Rent: 1200
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 800
# Rooms: 6
Monthly Rent: 1100
# Bedrooms: 2
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 4 Info
Unit #: 4
Approx SF: 600
# Rooms: 5
Monthly Rent: 1050
# Bedrooms: 1
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Property Features
Heat Fuel Type: Gas
Heat Type: Electric Baseboard
AC Type: None
Condition: Very Good
Exterior: Brick
Roof: Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor
Listing Office: Real Broker LLC d/b/a Real of Pennsylvania
Listing Agent: Aly Diaz
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.
