03
OCT
OCT
$534,000
Wilkes-Barre, PA 18702
MLS# 26-3435
7200 sqft
1 / 27
Property Description
**Rare Student Housing Investment Package!** Seize the opportunity to acquire two adjacent 6-bedroom single-family homes in a proven, high-demand student rental market. Both properties are fully leased through **May 31, 2027**, providing immediate, stable cash flow from day one. Each home offers spacious bedrooms, multiple bathrooms, generous common living areas, and functional layouts designed
Details
Maps
Listing Information
Current Price: $534,000
List Price: $534,000
List Date: 2026-07-16
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Aprx Total SF: 7200
Year Built: 1900
Est Age Range: 100 Plus Yrs
Lot Size: 50 x115
Garage Type: None
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 property is on your right hand side.
Status Change Information
Status: Active
Expenses
Annual Gross Income: 57600
Annual Sewer Exp: 600
Annual Real Est Tax: 4576
Annual Fire/Liabilty: 1185
Annual Lawn Maint.: 400
Annual Other Misc: 6000
Total Annl Expenses: 12761
Anl Net Inc b/4 Debt: 44839
Appliances
# Ranges: 2
# Refrigerators: 2
# Washer: 2
# Dryers: 2
Unit 1 Info
Unit #: 229
Approx SF: 3600
# Rooms: 10
Monthly Rent: 2400
# Bedrooms: 6
Kitchen Style: Semi-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: Semi-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
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; Full; Full Unfinished; Unfinished
MF Amenities: Fencing; Patio; Porch; Street Lights
Supplements
to maximize occupancy and tenant appeal. Conveniently located near local colleges, shopping, dining, and major amenities, these properties have a strong history of consistent rental demand.
This side-by-side portfolio presents a unique opportunity to expand your investment holdings with built-in operational efficiencies, simplified property management, and long-term income potential. Whether you're growing an established portfolio or entering the student housing market, this turnkey package offers reliable returns and exceptional value in one of the area's most sought-after rental markets.
Listing Office: Avanti Real Estate Group
Listing Agent: Annamarie Conover
Last Updated: July - 16 - 2026
Information deemed reliable but not guaranteed.
