03
OCT
OCT
$415,000
Wilkes-Barre, PA 18702
MLS# 25-172
Status: Closed
4214 sqft
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Property Description
### Unmissable Investment Gem: Four-Unit Multifamily Apartment building with a perfect blend of convenience and potential, this property is an ideal choice for investors looking to expand their portfolio with a high-demand asset. Each of the four units offers 3 roomy bedrooms, eat in kitchen, dining/living room with built in shelving and 1 full bathroom.
Details
Listing Information
Current Price: $415,000
List Price: $415,000
List Date: 2025-01-13
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 4214
Est Age Range: 100 Plus Yrs
Lot Size: 0.22
Parking: Off-Street
Location Legal Taxes
House # (1): 443
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 township blvd to Mundy st. Left onto Scott st. Property is on left.
Status Change Information
Status: Closed
Under Contract Date: 2025-01-17
Sold Date: 2025-02-13
Expenses
Annual Gross Income: 52500
Annual Electric Exp: 420
Annual Real Est Tax: 3915.56
Annual Fire/Liabilty: 2941
Total Annl Expenses: 7276.56
Anl Net Inc b/4 Debt: 52400
Appliances
# Ranges: 4
Unit 1 Info
Unit #: 1
Approx SF: 1000
# Rooms: 5
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: N
Sewer in Rent: N
Unit 2 Info
Unit #: 2
Approx SF: 1000
# Rooms: 5
Monthly Rent: 975
# 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: N
Sewer in Rent: N
Unit 3 Info
Unit #: 3
Approx SF: 1000
# Rooms: 5
Monthly Rent: 1100
# 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: N
Sewer in Rent: N
Unit 4 Info
Unit #: 4
Approx SF: 1000
# Rooms: 5
Monthly Rent: 1100
# 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: N
Sewer in Rent: N
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Gas
Heat Type: Hot Water Baseboard; Hot Water Radiator
AC Type: Window Units
Condition: Good
Exterior: Aluminum; Brick; Vinyl
Roof: Rolled; Rubber
Interior Finish: Drywall; Paneling; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor; Full Unfinished
MF Amenities: Deck; Fencing; Fire Escape; Porch
Supplements
Each unit is equipped with separate utilities, paid directly by tenants, you benefit from reduced operational costs and simplified management.
- **Convenient Off-Street Parking**: This property has enhanced appeal with off-street parking for tenants, offering ease and security.
Situated in Wilkes-Barre's sought-after East End Section, this property provides unparalleled access to essential amenities. The attached location map under photos and documents confirms its prime positioning, within walking distance to:
- **Major Shopping Centers, Diverse Dining and Entertainment and Proximity to Malls.
This multifamily building is not just an address; it's a stepping stone to growth. With all "must-have" criteria met and opportunities for value enhancement, it's a perfect prospect for both new and seasoned investors aiming to achieve long-term success.
Don't let this outstanding investment slip through your fingers. Schedule a viewing today to uncover the full potential of this magnificent property and make a smart addition to your investment journey. This opportunity is truly the one you've been waiting for!
Listing Office: ERA One Source Realty
Listing Agent: Anne Marie Olexa
Last Updated: March - 28 - 2025
Information deemed reliable but not guaranteed.
