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Sold

62 Park, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #18-1916

$145,000

Sold December 2018

Units

4,000

Building SF

$36

Per Sq Ft

Last List Price

$160,000

Sold For

$145,000

Against Asking

Sold 9.4% 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

A beautiful and profitable 6 unit building in the heart of Wilkes Barre. Well maintained, with strong paying and well qualified tenants

This property has sold and is no longer on the market. This is an older sale on record (December 2018), not a recent one — values in this market have moved since. It sold for $145,000 in December 2018. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Berkshire Hathaway Home Services Preferred Properties.

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: kitchen appliances

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: See Remarks
Roof: Composition
Lot Dimensions: .1

Location

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

Costs & Listing

Annual Taxes: $4,400
Gross Income: $49,200
Net Operating Income: $36,000
Cap Rate: 22.5%
MLS #: 18-1916
Listed By: Berkshire Hathaway Home Services Preferred Properties

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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