03
OCT
OCT
$595,000
Wilkes-Barre, PA 18702
MLS# 26-2583
5400 sqft
1 / 8
Property Description
Discover the potential of this versatile 5-unit mixed-use property featuring four residential rental units and one commercial space. This income-producing property offers investors the opportunity to generate multiple streams of revenue. Currently, two residential units are vacant, providing an immediate opportunity for a new owner to increase cash flow through lease-up and rent optimization.
Details
Listing Information
Current Price: $595,000
List Price: $595,000
List Date: 2026-06-03
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5400
Est Age Range: 76 - 100 Yrs
Lot Size: 25x125
Location Legal Taxes
House # (1): 294
Street Name: Scott
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: Wilkes-Barre Blvd to Scott St. Property on L after Pearl St.
Status Change Information
Status: Active
Expenses
Annual Gross Income: 57600
Annual Electric Exp: 600
Annual Water Exp: 2400
Annual Sewer Exp: 917
Annual Real Est Tax: 2144.81
Annual Fire/Liabilty: 2384
Total Annl Expenses: 8445
Unit 1 Info
Unit #: 1
Approx SF: 825
# Rooms: 4
Monthly Rent: 1200
# Bedrooms: 2
Kitchen Style: Modern
# 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: 825
# Rooms: 4
Monthly Rent: 1200
# Bedrooms: 2
Kitchen Style: Modern
# 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: 825
# Rooms: 5
Monthly Rent: 1200
# Bedrooms: 3
Kitchen Style: Modern
# 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
Unit 4 Info
Unit #: 3
Approx SF: 825
# Rooms: 5
Monthly Rent: 1200
# Bedrooms: 3
Kitchen Style: Modern
# 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
Unit 5 Info
Unit #: 1650
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
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard
AC Type: None
Condition: Fair
Exterior: Brick
Roof: Rubber
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor
Supplements
through lease-up and rent optimization.
The commercial space presents additional income potential and offers flexibility for a variety of uses, including retail, office, professional services, studio space, or other business ventures, subject to local zoning and municipal approvals. With excellent potential for increased revenue, the commercial unit adds another layer of value to this already attractive investment.
Whether you're looking to expand your investment portfolio, establish a business location with rental income to offset expenses, or capitalize on a value-add opportunity, this property offers flexibility, multiple income streams, and significant growth potential. With two vacant units ready for occupancy and a commercial space poised for a variety of uses, investors will appreciate the opportunity to maximize returns and build long-term equity. All measurements and information are approximate and should be independently verified by buyers.
Listing Office: Avanti Real Estate Group
Listing Agent: Maria Whiteduck
Last Updated: June - 03 - 2026
Information deemed reliable but not guaranteed.
