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264 Academy Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #22-3095

$385,000

Sold July 2022

264 Academy Street, Wilkes-Barre in Wilkes-Barre

1 / 7

Units

4,550

Building SF

$85

Per Sq Ft

Last List Price

$399,900

Sold For

$385,000

Against Asking

Sold 3.7% below asking

Wondering what that means for your own property? Get a real valuation in Wilkes-Barre — a local agent runs the comparables by hand, not an automated estimate.

About This Property

Multi-Family Investment Property in Wilkes-Barre. Six (6) Apartments fully occupied! Nice Corner location on all set on a Double Lot with Off Street tenant parking. Coin-Op Washer/Dryer in basement for added income potential! Add this one to your investment portfolio!

This property has sold and is no longer on the market. This is an older sale on record (July 2022), not a recent one — values in this market have moved since. It sold for $385,000 in July 2022. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Park Place Properties Real Estate, LLC.

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, Plaster, Other - See Remarks
Included: 6 Refrigerators; 6 Range; 1 Coin-Op Washer; 1 Coin-Op Dryer

Systems

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

Exterior & Lot

Exterior: Stucco
Roof: See Remarks
Lot Dimensions: 51.22x112.3-40.26x111.78

Location

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

Costs & Listing

Annual Taxes: $5,817
Gross Income: $54,600
Net Operating Income: $39,526
Cap Rate: 9.88%
MLS #: 22-3095
Listed By: Park Place Properties Real Estate, LLC

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