Sold

486 Hazle Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #23-648
$1,100,000
Sold July 2023
486 Hazle Street, Wilkes-Barre in Wilkes-Barre
1 / 8
Approximate location · open the map
9
Units
9,600
Building SF
$115
Per Sq Ft
Last List Price
$1,250,000
Sold For
$1,100,000
Against Asking
Sold 12% 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

Don't miss out on this incredible investment opportunity! This stunning, modern property features 9 units, each thoughtfully designed with a sleek contemporary aesthetic. The property boasts an ample newly paved parking lot, new stucco with 1/2" Styrofoam insulation, new exterior paint, new framing throughout building, a newer torch down roof, 11 security cameras, 2 car garage, & 2 metal sheds for storage or potential additional income. Also included with the property is an unused completely fenced 20,000 square foot lot. Located in a highly desirable area, close to major shopping and highways, this property offers excellent potential for rental income. Act fast and make this incredible property yours today!

This property has sold and is no longer on the market. This is an older sale on record (July 2023), not a recent one — values in this market have moved since. It sold for $1,100,000 in July 2023. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Classic Properties Kingston.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multi Family
Style
3 or More Units
Condition
Excellent

Interior

Basement
Concrete
Interior Features
Drywall
Included
8 refrigerators, 9 stoves, 1 DW, 2 microwaves, 11 security cameras, extra appliances in basement

Systems

Heating
Natural Gas, Baseboard
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Stucco
Garage
2 Car Detached
Lot Dimensions
38X100, 36X205, 50X170

Location

County
Luzerne County
School District
Wilkes-Barre
Zoning
Community Business

Costs & Listing

Annual Taxes
$9,354
Gross Income
$126,600
Net Operating Income
$102,793
Cap Rate
8.22%
MLS #
23-648
Listed By
Classic Properties Kingston

Sale History at This Address

  1. July 2023  ·  this sale$1,100,000
  2. November 2013  ·  MLS #13-648$1,000

Prior closings recorded for this address in the MLS. Sale prices are as reported at closing.

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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