50 E CHESTNUT Street, Wilkes-Barre
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About This Property
8 UNIT INVESTMENT BUILDING FULLY OCCUPIED. 5 CAR GARAGE. TENANT OCCUPIED 48 HOUR NOTICE FOR SHOWINGS.
This property has sold and is no longer on the market. This is an older sale on record (May 2021), not a recent one — values in this market have moved since. It sold for $235,000 in May 2021. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Porchlight Realty.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Good
Interior
- Basement
- Concrete
- Interior Features
- Drywall, Plaster
- Included
- REFRIGERATORS, STOVES
Systems
- Heating
- Natural Gas, Baseboard
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Aluminum Siding, Brick
- Garage
- 4 Car Detached
- Lot Dimensions
- 0.12
Location
- County
- Luzerne County
- School District
- Wilkes-Barre
- Zoning
- Commercial
Costs & Listing
- Annual Taxes
- $6,008
- Gross Income
- $54,420
- Net Operating Income
- $32,699
- Cap Rate
- 13.91%
- MLS #
- 21-1005
- Listed By
- Porchlight Realty
Sale History at This Address
- May 2021 · this sale$235,000
- December 2016 · MLS #14-1964$155,000
Between December 2016 and May 2021 the recorded sale price for this address rose $80,000 (51.6%). That is what the closings show; it is not a valuation, and it does not account for any work done in between.
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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