195-197 BROWN Street, Wilkes-Barre

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About This Property
3 Unit building-1 efficiency apartment and 2-2 bedroom apartments. Unit 2 is currently vacant but was collecting $950/mo. when occupied. If rented the total income before debt would be $20,691. Tenants pay utilities except heat (included in rent). Detached garage used for storage by landlord. Unit 2 will be left vacant to allow for easier showings. current tenants are on a y/y lease. Showing Monday and Tuesday only. 11:30 or later
This property has sold and is no longer on the market. It sold for $195,000 in July 2025. Contact us for other recent sales nearby. Listed by Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Good
Interior
- Basement
- Full Unfinished
- Interior Features
- Drywall, Paneling, Plaster
- Included
- 3 Stoves, 3 Refrigerators
Systems
- Heating
- Natural Gas
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Aluminum Siding
- Roof
- Composition
- Garage
- 1 Car Detached
- Lot Dimensions
- 50x50
Location
- County
- Luzerne County
- School District
- Wilkes-Barre
- Zoning
- Residential
Costs & Listing
- Annual Taxes
- $2,611
- Gross Income
- $16,800
- Net Operating Income
- $9,291
- Cap Rate
- 4.45%
- MLS #
- 24-3452
- Listed By
- Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
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