03
OCT
OCT
$800,000
Wilkes-Barre, PA 18702
MLS# 26-1773
9000 sqft
1 / 26
Property Description
Turnkey student housing investment opportunity in a strong rental market with leases already secured for the 2026-2027 academic year, providing immediate cash flow and built-in occupancy. This multi-property offering features spacious bedroom layouts, large shared common areas, multiple bathrooms, and floor plans designed to maximize tenant capacity and rental efficiency. Located in a high-demand
Details
Listing Information
Current Price: $800,000
List Price: $800,000
List Date: 2026-04-23
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Aprx Total SF: 9000
Year Built: 1900
Est Age Range: 100 Plus Yrs
Lot Size: 115X25;115X25;105X20
Garage Type: None
# Spaces off-Street: 2
Parking: On-Street
Location Legal Taxes
House # (1): 229
Street Direction Pfx: N
Street Name: Main
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: From Public Square turn onto N. Main St. Follow past N. Street and properties will be on the right hand side.
Status Change Information
Status: Active
Expenses
Annual Gross Income: 76800
Annual Sewer Exp: 900
Annual Real Est Tax: 6320
Annual Fire/Liabilty: 2125
Annual Lawn Maint.: 600
Annual Other Misc: 8000
Total Annl Expenses: 17945
Anl Net Inc b/4 Debt: 58855
Appliances
# Ranges: 3
# Refrigerators: 3
# Washer: 3
# Dryers: 3
Unit 1 Info
Unit #: 229
Approx SF: 3600
# Rooms: 10
Monthly Rent: 2400
# Bedrooms: 6
Kitchen Style: Modern
# Baths: 2
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 #: 231
Approx SF: 3600
# Rooms: 10
Monthly Rent: 2400
# Bedrooms: 6
Kitchen Style: Modern
# Baths: 2
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 #: 269
Approx SF: 1800
# Rooms: 7
Monthly Rent: 1600
# Bedrooms: 4
Kitchen Style: Modern
# Baths: 2
Lease: Y
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: Hot Water Baseboard; Hot Water Radiator
AC Type: None
Condition: Good
Exterior: Aluminum; Brick
Roof: Comp Shingle
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor; Full Unfinished
MF Amenities: Fencing; Patio; Street Lights
Supplements
student rental area, the properties offer consistent leasing potential and strong appeal to the local student population.
An ideal opportunity for investors seeking stabilized income, established rental history, and long-term growth potential in a proven rental market.
Listing Office: Avanti Real Estate Group
Listing Agent: Annamarie Conover
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.
