About This Property
Bus/residential. 2-for-1 deal, corner lot, a prime addition to your Wilkes-Barre portfolio. Near Rts 309/81, two currently occupied units, space for owner occupant, parking. Est current cap rate yields just over 5%, at full occupancy could yield a cap rate of just over 10%. Perform due diligence & run your numbers. Two rents are estimated. Buyer to perform due diligence. Measurements approximate. Business/residential opportunity. A 2-for-1 deal, corner lot, a prime addition to your Wilkes-Barre portfolio. Located near routes 309/81, it features two currently occupied units, space for an owner occupant, parking. Est current cap rate yields just over 5%, at full occupancy could yield a cap rate of just over 10%. Perform due diligence & run your numbers. Two rents are estimated. Annual Electric Exp* $216.00 Annual Gas Exp*. $3,600.00 Annual Other Fuel Exp*. N/A Annual Water Exp*. $5,400.00 Annual Sewer Exp*. $400.00 City of Wilkes-Barre Annual Recycling Exp*. $800.00 Annual School Real Est Tax*. $1,460.00 Annual Property Tax $1170.00 City of Wilkes-Barre Annual Fire/Liability* $3,499.00 Annual Flood Ins* N/A Annual Lawn Maint.* N/A Annual Snow Removal* $800.00 Annual Other Misc* Wyoming Valley Sanitary Authority $1174.00 Annual Extermination. *$1,200.00 Annual Home Warranty * $720.00
This property has sold and is no longer on the market. It sold for $192,000 in March 2025. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Simplicity Realty.
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