03
OCT
OCT
$350,000
Wilkes-Barre, PA 18702
MLS# 24-4166
Status: Closed
5000 sqft

1 / 30
Property Description
Are you an investor looking to add 4 units to your portfolio? Ideally located near General Hospital and King's College, this deal consists of 2 buildings: 3-unit building in front and a single-family home in rear. All gas-heat, tenants pay all utilities except water and sewer. Off-street parking, fenced yard and in-ground pool. Gross rents currently combine for close to $50,000 per year!
Details
Listing Information
Current Price: $359,000
Sold Price: $359,000
List Date: 2024-08-24
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 5000
Est Age Range: 76 - 100 Yrs
Lot Size: 55x140
Garage Type: None
Parking: Off-Street
Location Legal Taxes
House # (1): 471-473
Street Direction Pfx: N
Street Name: River
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: Cross Valley to River Street exit. Head towards Wilkes-Barre General hospital. Continue past hospital. Property on left.
Status Change Information
Status: Closed
Under Contract Date: 2024-09-04
Sold Date: 2024-11-13
Sold Price: $359,000
Expenses
Annual Gross Income: 47400
Annual Water Exp: 3600.94
Annual Sewer Exp: 700
Annual Real Est Tax: 4984.28
Annual Fire/Liabilty: 1263
Total Annl Expenses: 10548.22
Anl Net Inc b/4 Debt: 36851.78
Appliances
# Ranges: 4
# Refrigerators: 4
Unit 1 Info
Unit #: 4
Approx SF: 1500
# Rooms: 7
Monthly Rent: 1500
# Bedrooms: 4
Kitchen Style: Semi-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 #: 1
Approx SF: 1000
# Rooms: 5
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: Semi-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 3 Info
Unit #: 2
Approx SF: 1000
# Rooms: 6
# Bedrooms: 3
Kitchen Style: Semi-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: 500
# Rooms: 2
Monthly Rent: 650
# Bedrooms: 1
Kitchen Style: Semi-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: Gas
Heat Type: Forced Air
AC Type: Window Units
Condition: Good
Exterior: Aluminum
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor
Listing Office: Century 21 Signature Properties
Listing Agent: Ron Wilson/JenineFinarelli Team
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
