374 S River Street, Wilkes-Barre
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About This Property
GORGEOUS FULLY RENTED 4 UNIT IN HISTORIC DOWNTOWN WILKES-BARRE WITH GREAT NET INCOME*LOTS OF REFINISHED HARDWOODS FLOORS THROUGHOUT*NEW HIGH EFFICIENCY HEATING SYSTEMS, NEW UPDATED ELECTRIC, LOTS OF NEW PLUMBING, UPDATED KITCHENS, SOME UPDATED BATHROOMS, NEW PAINT, PARTIAL NEW MAIN ROOF AND NEW ROOF ON GARAGE*ENDLESS RENOVATIONS COMPLETED*SOME RECENTLY NEW HOT WATER HEATERS*2 CAR GARAGE - AND OFF STREET PARKING FOR UP TO 8 CARS* LOCATED WITHIN WALKING DISTANCE TO WILKES UNIVERSITY, CENTER CITY, SHOPPING, ENTERTAINMENT, RESTAURANTS, ETC.. ALL THE HARD WORK HAS BEEN DONE NOW JUST ENJOY THE CASH FLOW!
This property has sold and is no longer on the market. This is an older sale on record (February 2020), not a recent one — values in this market have moved since. It sold for $259,900 in February 2020. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by BHHS Homesale Realty.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multiple Buildings
- Condition
- Very Good
Interior
- Basement
- Concrete
- Interior Features
- Drywall, Paneling, Plaster
- Included
- 4 WASHERS, 4 DRYERS, 4 REFRIGERATORS AND 4 STOVES. 1 DISHWASHER.
Systems
- Heating
- Natural Gas
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Brick, Stucco
- Roof
- Composition, Metal
- Outdoor
- Porch
- Garage
- 2 Car Detached
- Lot Dimensions
- 5,590
Location
- County
- Luzerne County
- School District
- Wilkes-Barre
- Zoning
- Multi-Family
Costs & Listing
- 2020 Taxes
- $4,917
- Gross Income
- $47,700
- Net Operating Income
- $36,795
- Cap Rate
- 13.89%
- MLS #
- 19-6816
- Listed By
- BHHS Homesale Realty
What Is Your Wilkes-Barre Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Wilkes-Barre and give you a real number — not an automated estimate.
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