123 S Main Street, Wilkes-Barre
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About This Property
Great rate of return! This fully rented 6 unit in the heart of downtown/campus area features new electrical, plumbing including new hot water heaters and roof within past 4 years. Coin operated laundry, 1200SF storage and several parking spaces make it worth a look!
This property has sold and is no longer on the market. This is an older sale on record (August 2017), not a recent one — values in this market have moved since. It sold for $200,000 in August 2017. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Lewith & Freeman, Kingston.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Good
Interior
- Basement
- Concrete
- Interior Features
- Drywall
- Included
- (6) Stoves, (6) Refrigerators, (2) Washers, (2) Dryers in laundry room on 1st floor.
Systems
- Heating
- Electric Baseboard
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Brick
- Roof
- Rolled/Hot Mop
- Lot Dimensions
- 18 x 225
Location
- County
- Luzerne County
- School District
- Wilkes-Barre
- Zoning
- Commercial
Costs & Listing
- Annual Taxes
- $6,714
- Gross Income
- $46,968
- Net Operating Income
- $31,181
- Cap Rate
- 14.85%
- MLS #
- 16-2242
- Listed By
- Lewith & Freeman, Kingston
What Is Your Wilkes-Barre Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Wilkes-Barre and give you a real number — not an automated estimate.
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