173-175 Hanover Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #23-2007

$381,000

Sold November 2023

173-175 Hanover Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

7,290

Building SF

1945

Year Built

$52

Per Sq Ft

Last List Price

$480,000

Sold For

$381,000

Against Asking

Sold 20.6% below asking

Thinking about selling in Wilkes-Barre? Find out what your home is worth, based on recent sales like this one.

About This Property

Fully occupied 6 unit building, located by Geisinger Hospital. Off street parking, laundry area. Solid rental history. Rents can be adjusted to market rates.

This property has sold and is no longer on the market. This is an older sale from November 2023, and prices in this area have changed since then. It sold for $381,000 in November 2023. Contact us for other recent sales nearby. Listed by RPA Real Estate.

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, Plaster
Included: 6 Refrigerators, 6 ranges

Systems

Heating: Electric Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Aluminum Siding
Roof: Composition
Garage: Detached
Lot Dimensions: 40X192

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Apartment Residential

Costs & Listing

2023 Taxes: $4,583
Gross Income: $51,000
Net Operating Income: $38,147
Cap Rate: 7.95%
MLS #: 23-2007
Listed By: RPA Real Estate

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