03
OCT
OCT
$350,000
Wilkes-Barre, PA 18701
MLS# 24-1632
Status: Closed
5500 sqft
1 / 48
Property Description
With all four units fully rented, you can enjoy a steady stream of rental income and maximize the return on your investment. The proximity to the college campus, downtown area, and restaurants ensures a high level of demand for rental housing. Lets not forget newer roof, on demand water heater and plenty of off street parking.
Details
Listing Information
Current Price: $346,000
Sold Price: $346,000
List Date: 2024-04-13
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 5500
Est Age Range: 100 Plus Yrs
Lot Size: 52x140
Parking: Off-Street
Location Legal Taxes
House # (1): 22-26
Street Direction Pfx: W
Street Name: Ross
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18701
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks Directions
Directions: From Wyoming Ave, turn left onto Market St; Continue onto Market St Bridge; Turn right onto S River St; Turn left onto W Ross St
Status Change Information
Status: Closed
Under Contract Date: 2024-04-18
Sold Date: 2024-05-28
Sold Price: $346,000
Expenses
Annual Gross Income: 47400
Annual Gas Exp: 1500
Annual Othr Fuel Exp: 1200
Annual Water Exp: 3300
Annual Sewer Exp: 285
Annual Real Est Tax: 6987
Annual Fire/Liabilty: 3703
Annual Snow Removal: 500
Total Annl Expenses: 18657
Anl Net Inc b/4 Debt: 28743
Appliances
# Ranges: 4
# Refrigerators: 4
# Dishwashers: 2
# Washer: 6
# Dryers: 6
Unit 1 Info
Unit #: 1
Approx SF: 1000
# 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 2 Info
Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 800
# 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: 900
# Rooms: 5
Monthly Rent: 700
# Bedrooms: 2
# 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 4 Info
Unit #: 4
Approx SF: 2500
# Rooms: 8
Monthly Rent: 1600
# Bedrooms: 5
# Baths: 2
Lease: Y
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; Gas
Heat Type: Hot Water Radiator; Radiant; Forced Air
AC Type: Central
Condition: Good
Exterior: Brick
Roof: Comp Shingle
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor; Full Unfinished
Listing Office: Classic Properties Kingston
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
