22-26 W Ross Street, Wilkes-Barre

Wilkes-Barre, PA, 18701 · MLS #24-1632

$346,000

Sold May 2024

22-26 W Ross Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

5,500

Building SF

$63

Per Sq Ft

Last List Price

$350,000

Sold For

$346,000

Against Asking

Sold 1.1% 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

With all four units fully rented, you can enjoy a steady stream of rental income and maximize the return on your investment. The proximity to the college campus, downtown area, and restaurants ensures a high level of demand for rental housing. Lets not forget newer roof, on demand water heater and plenty of off street parking.

This property has sold and is no longer on the market. This is an older sale from May 2024, and prices in this area have changed since then. It sold for $346,000 in May 2024. Contact us for other recent sales nearby. Listed by Classic Properties 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, Plaster
Included: 4 stoves, 4 refrigerators, 4 washers, 4 dryers, & 2 dishwashers

Systems

Heating: Natural Gas, Hot Water, Radiant
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick
Roof: Composition
Lot Dimensions: 52x140

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Multi-Family

Costs & Listing

Annual Taxes: $6,987
Gross Income: $47,400
Net Operating Income: $28,743
Cap Rate: 8.21%
MLS #: 24-1632
Listed By: Classic Properties Kingston

Sale History at This Address

May 2024 · this sale$346,000
August 2018 · MLS #18-1514$200,000

Between August 2018 and May 2024 the sale price for this address rose $146,000 (73%). Prices are as reported at closing.

What’s Your Wilkes-Barre Home Worth?

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