03
OCT
OCT
$465,000
Wilkes-Barre, PA 18702
MLS# 26-1561
4207 sqft
1 / 23
Property Description
Great opportunity to acquire a 4-unit multifamily property in Wilkes-Barre. The building consists of two 2-bedroom units and two 4-bedroom units, Ideal for both seasoned investors looking to expand their portfolio or owner-occupants seeking to offset expenses with rental income.
Details
Listing Information
Current Price: $465,000
List Price: $465,000
List Date: 2026-04-13
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 4207
Est Age Range: 100 Plus Yrs
Lot Size: 40 x 117
Garage Type: None
Parking: On-Street
Location Legal Taxes
House # (1): 51-53
Street Direction Pfx: S
Street Name: Welles
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 Northampton Street. Left on S Welles. Building is on the left.
Status Change Information
Status: Active
Expenses
Annual Gross Income: 24000
Annual Electric Exp: 2000
Annual Gas Exp: 2000
Annual Water Exp: 3800
Annual Sewer Exp: 1200
Annual Real Est Tax: 2955.77
Annual Fire/Liabilty: 5000
Annual Other Misc: 1000
Total Annl Expenses: 17955.77
Anl Net Inc b/4 Debt: 6044.23
Unit 1 Info
Unit #: 1
Approx SF: 672
# Rooms: 4
Monthly Rent: 1000
# 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 2 Info
Unit #: 2
Approx SF: 672
# Rooms: 4
Monthly Rent: 1000
# 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 #: 3
Approx SF: 1344
# Rooms: 6
# Bedrooms: 4
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 #: 4
Approx SF: 1344
# Rooms: 6
# Bedrooms: 4
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
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: None
Condition: Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Unfinished
Listing Office: Classic Properties - Mountaintop
Listing Agent: Alfred Clemonts
Last Updated: April - 23 - 2026
Information deemed reliable but not guaranteed.
