$550,000
MLS #26-1976
73 S Welles Street, Wilkes-Barre
Wilkes-Barre, PA, 18702
7
Units
5,890
Building Square Footage
About This Property.
Great opportunity to own a 6-unit multifamily property with an additional parking lot for added value and tenant convenience. Currently 4 of 6 units are occupied, offering immediate income with upside through lease-up. Tenants pay all utilities, except Unit 3 where landlord covers water and sewer. A strong value-add investment with room to increase cash flow in a solid rental market.
Property Details.
Location.
Area Demographics
Wilkes-Barre City
44,423
Population
$48,372
Median Household Income
51%
Owner Occupied
2.44
Average Household Size
Housing Tenure
51% Owner Occupied49% Renter
ZIP 18702
41,970
Population
$57,341
Median Household Income
60%
Owner Occupied
2.36
Average Household Size
Housing Tenure
60% Owner Occupied40% Renter
Luzerne County
327,675
Population
$64,452
Median Household Income
68%
Owner Occupied
2.35
Average Household Size
Housing Tenure
68% Owner Occupied32% Renter
Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).
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View PropertyMeet Our Agents.
Jonathan J. Nelson Real Estate
