Embedded Files
Wilkes-Barre PA | Luzerne County | Triple Family
Starting Price: 229,900
Property Taxes: 899.17
3-Unit Multi-Family
9 Bed / 3 Bath
3,344 Sq Ft
0.11 Acres
2-Story Building
Year Built 1920
Potential for 3 Rental Income Streams
Off-Street Parking
Public Water & Sewer
Units Breakdown
3 Bed / 1 Bath Each Unit
Unit 1 Rented until Sep/2027 - Rent S1,100
Unit 2 Mo-to-Mo Lease - Rent $1,100
Unit 3 Will Be Delivered Vacant on 10th Day of Closing
All Separated Meters
Comps:
78-82 N Grant Street Wilkes-Barre, PA 18702 Sold for $280,000 (Not Renovated)
737-739 E Northampton Street Wilkes-Barre, PA 18702 Sold for $285,000
+ Deal Summary:
This Wilkes-Barre, PA, investment opportunity presents investors with a chance to secure a 3-unit multi-family property in Luzerne County with a starting price of $229,900, making it an attractive income-producing investment with strong long-term rental potential. The property offers a total of 9 bedrooms, 3 bathrooms, approximately 3,344 sq ft of living space, a 0.11-acre lot, off-street parking, and public water and sewer. Built in 1920, this 2-story building offers the potential for three separate rental income streams, providing investors with an opportunity to generate consistent monthly rental income while building long-term equity. With annual property taxes of approximately $899.17, the property presents an opportunity for investors looking to expand their multi-family rental portfolio. Nearby comparable properties include 78-82 N Grant Street, which sold for $280,000 without renovations, and 737-739 E Northampton Street, which sold for $285,000, providing market support for the property's potential value. With its nine-bedroom layout, three rental units, off-street parking, and comparable sales above the asking price, this property is worth evaluating for investors pursuing a long-term rental or value-add multi-family investment strategy in Luzerne County.
*Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!*
OCCUPANCY STATUS:
Occupied
SHOWINGS AVAILABILITY:
Upon Request
SHOWING TYPE:
Instructions Will Be Provided
🏷️ Financing is Either Cash or Hard/Private Money*
🔎 Didn't find what you are looking for? please share/update your buy box here
📲 Would you like to get deals texted to your phone? send "subscribe" from your phone here
DISCLAIMER: The information contained herein is confidential and intended solely for the individual and/or entity to whom it is addressed for informational purposes only. If you have received this communication in error or wish to be removed from our distribution list, please submit your request by sending us a message, and we will promptly remove you from our system.
This offering represents an assignment of contract / purchase contract for real estate. A legally binding agreement is in place with the seller/owner(s), granting our company exclusive rights to market and assign/sell the property.
Unauthorized actions are strictly prohibited. Any unauthorized actions will be treated as intentional interference and fraud; this includes, but is not limited to: contacting the owner/seller, impersonating any member or representative of our company, or redistributing, remarketing, or altering this material (including pricing) without our prior written consent.
Any attempt to circumvent our position, interfere with the transaction, misrepresent affiliation with our company, or renegotiate directly with the seller may result in immediate disqualification, permanent removal, blacklisting from our buyers list, and legal action.
Additionally, we reserve the right to report or disclose any such unethical or fraudulent behavior to other investors, wholesalers, and industry professionals, which may adversely affect your reputation and ability to conduct business within the network.
Photos and images displayed on this website are provided for marketing and illustrative purposes only. Images may not reflect the property’s current condition, appearance, or surroundings and may be outdated or digitally enhanced. They are intended to provide a general visual reference of the property and should not be relied upon as an exact representation. Buyers and investors are encouraged to independently verify the property’s condition, features, and current appearance through an in-person inspection or other appropriate means.
Report abuse