03
OCT
OCT
$750,000
Wilkes-Barre, PA 18702
MLS# 25-1478
6000 sqft
1 / 39
Property Description
Seize this rare opportunity to own a turnkey FULLY OCCUPIED 9-unit multifamily property in the heart of Wilkes-Barre, PA. Perfectly positioned for both seasoned and new investors, this property is a true cash-flowing asset from day one! Fully rehabbed in 2024 and very low operating expenses. LL pays water/sewer only. Tenants pay electric and trash.
Details
Listing Information
Current Price: $750,000
List Price: $750,000
List Date: 2025-03-26
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 6000
Est Age Range: 16 - 20 Yrs
Lot Size: 4389
Location Legal Taxes
House # (1): 380-384
Street Direction Pfx: S
Street Name: Franklin
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: Head northwest on Academy St toward S Franklin St. Turn right onto S Franklin St. Destination will be on the right
Status Change Information
Status: Active
Expenses
Annual Gross Income: 100620
Annual Electric Exp: 1008
Annual Water Exp: 4998
Annual Real Est Tax: 6285
Annual Fire/Liabilty: 5685
Total Annl Expenses: 17976
Anl Net Inc b/4 Debt: 82644
Appliances
# Ranges: 9
# Refrigerators: 9
Unit 1 Info
Unit #: 1
Approx SF: 700
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 1
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: 900
# Rooms: 5
Monthly Rent: 900
# 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: 900
# Rooms: 5
Monthly Rent: 1050
# Bedrooms: 2
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 #: 4
Approx SF: 700
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 1
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 5 Info
Unit #: 5
Approx SF: 1000
# Rooms: 6
Monthly Rent: 1200
# Bedrooms: 3
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 6 Info
Unit #: 6
Approx SF: 500
# Rooms: 2
Monthly Rent: 835
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 7 Info
Unit #: 7
Approx SF: 900
# Rooms: 5
Monthly Rent: 975
# 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 8 Info
Unit #: 8
Approx SF: 700
# Rooms: 4
Monthly Rent: 750
# Bedrooms: 1
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 9 Info
Unit #: 9
Approx SF: 900
# Rooms: 5
Monthly Rent: 1075
# 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
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: None
Condition: Excellent
Exterior: Brick
Roof: Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Full Unfinished
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: March - 12 - 2026
Information deemed reliable but not guaranteed.
