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75 Melrose Avenue, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #21-2147

$225,000

Sold June 2021

75 Melrose Avenue, Wilkes-Barre in Wilkes-Barre

1 / 8

Units

5,304

Building SF

$42

Per Sq Ft

Last List Price

$232,000

Sold For

$225,000

Against Asking

Sold 3% 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

Modernized true 4 unit apartment building in South Wilkes-Barre. Plenty of off street parking. Call before it's too late!

This property has sold and is no longer on the market. This is an older sale on record (June 2021), not a recent one — values in this market have moved since. It sold for $225,000 in June 2021. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Classic Properties - Mountaintop.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Style: 3 or More Units
Condition: Very Good

Interior

Basement: Unfinished, Partial
Interior Features: Drywall, Plaster

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Aluminum Siding, Brick
Roof: Composition
Garage: Detached
Lot Dimensions: 95x130

Location

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

Costs & Listing

Annual Taxes: $4,326
Gross Income: $31,200
Net Operating Income: $22,538
Cap Rate: 9.71%
MLS #: 21-2147
Listed By: Classic Properties - Mountaintop

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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