471-473 N River Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #24-4166

$359,000

Sold November 2024

471-473 N River Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

5,000

Building SF

$72

Per Sq Ft

Last List Price

$350,000

Sold For

$359,000

Against Asking

Sold 2.6% above asking

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About This Property

Are you an investor looking to add 4 units to your portfolio? Ideally located near General Hospital and King's College, this deal consists of 2 buildings: 3-unit building in front and a single-family home in rear. All gas-heat, tenants pay all utilities except water and sewer. Off-street parking, fenced yard and in-ground pool. Gross rents currently combine for close to $50,000 per year!

This property has sold and is no longer on the market. It sold for $359,000 in November 2024. Contact us for other recent sales nearby. Listed by Century 21 Signature Properties.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multiple Buildings
Condition: Good

Interior

Basement: Concrete
Interior Features: Drywall

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Aluminum Siding
Roof: Composition
Garage: Detached
Lot Dimensions: 55x140

Location

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

Costs & Listing

2024 Taxes: $4,984
Gross Income: $47,400
Net Operating Income: $36,852
Cap Rate: 10.53%
MLS #: 24-4166
Listed By: Century 21 Signature Properties

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