03
OCT
OCT
$1,250,000
Wilkes-Barre, PA 18702
MLS# 23-648
Status: Closed
9600 sqft

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Property Description
Don't miss out on this incredible investment opportunity! This stunning, modern property features 9 units, each thoughtfully designed with a sleek contemporary aesthetic. The property boasts an ample newly paved parking lot, new stucco with 1/2'' Styrofoam insulation, new exterior paint, new framing throughout building, a newer torch down roof, 11 security cameras, 2 car garage, & 2 metal sheds
Details
Listing Information
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Contract Date: 2023-02-21
Property Information
Property Sub Type: Multi Family
Building Area Total: 9600
Est Age Range: 51 - 75 Yrs
# Spaces off-Street: 18
Parking: Off-Street
Location Legal Taxes
Street Number: 486
Street Name: Hazle
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Remarks Directions
Directions: Blackman Street, turn left onto Hazle street, Property on the right hand side across from laundromat
Status Change Information
Status: Closed
Purchase Contract Date: 2023-04-05
Close Date: 2023-07-07
Close Price: 1100000
Expenses
Annual Gross Income: 126600
Annual Electric Exp: 2143
Annual Gas Exp: 1738
Annual Water Exp: 2520
Annual Sewer Exp: 2118.24
Annual Garbage Remvl: 2832
Annual Real Est Tax: 9354.31
Total Annl Expenses: 23806.85
Unit 1 Info
Unit #: 1
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Heat in Rent: N
Hot Water in Rent: N
Unit 2 Info
Unit #: 2
Unit 3 Info
Unit #: 3
Unit 4 Info
Unit #: 4
Unit 5 Info
Unit #: 5
Unit 6 Info
Unit #: 6
Unit 7 Info
Unit #: 7
Unit 8 Info
Unit #: 8
Unit 9 Info
Approx SF: 1590
Monthly Rent: 1750
Kitchen Style: Modern
Lease: N
Electric in Rent: N
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Heat Pump; Hot Water Baseboard
AC Type: Central; Window Units; Other - See Remarks
Condition: Excellent
MF Amenities: Dumpster
Supplements
for storage or potential additional income. Also included with the property is an unused completely fenced 20,000 square foot lot. Located in a highly desirable area, close to major shopping and highways, this property offers excellent potential for rental income. Act fast and make this incredible property yours today!
Listing Office: Classic Properties Kingston
Listing Agent: Sara Oliver
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
