220-222 New Mallery Place, Wilkes-Barre

About This Property.

Turnkey Two-Unit ready for its next owner! Projected 10.21% self-managed cap rate based on estimated full-market occupancy, with $36,000+ in projected annual gross rental income. The remodeled owner's side offers 3 bedrooms, 1.5 baths and a finished attic with potential for a 4th bedroom. The well-maintained tenant side features 4 bedrooms, 1.5 baths and is currently rented at $1,500/month. Both units feature forced-air gas heat and separate utilities, along with off-street parking and separate backyard areas for each unit. The current setup offers immediate income from the occupied unit while giving the next owner flexibility to occupy the remodeled side or lease it at market rent. Photos of tenant occupied unit taken approx. 9 months ago prior to move in. **Note on Showings- Owner Occupied Unit: 24 Hour Notice- After 5 PM weekdays, weekends flexible.** **Check Additional Docs for estimated yearly expenses and pro forma analysis*

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