520-524 N. Main Street, Wilkes-Barre
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About This Property
Investors! 12 rental units in three separate buildings.520-524 N.Main St W-B & 831-833 N.Washington St W-B.Fully occupied. One unit is a commercial.See rental income breakdown by unit in document section. Many recent improvements including 3 new roofs,furnaces & interior upgrades.(See supplement in document section).Additional income is generated from coin op Washer & Dryer. A solid investment!
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 $340,000 in May 2021. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multiple Buildings
- Condition
- Very Good
Interior
- Basement
- Concrete
- Interior Features
- Drywall, Paneling, Plaster
- Included
- See itemized list in document section
Systems
- Heating
- Natural Gas, Hot Water
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Brick, Stucco, Vinyl Siding
- Roof
- Composition
- Outdoor
- Porch
- Garage
- Detached
- Lot Dimensions
- 50x150 & 65x127
Location
- County
- Luzerne County
- School District
- Wilkes-Barre
- Zoning
- Multi-Family
Costs & Listing
- Annual Taxes
- $8,106
- Gross Income
- $84,480
- Net Operating Income
- $58,803
- Cap Rate
- 15.79%
- MLS #
- 21-515
- Listed By
- Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
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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