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85-87 Spring Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #12-1861

$40,000

Sold March 2013

85-87 Spring Street, Wilkes-Barre in Wilkes-Barre

Units

1,846

Building SF

$22

Per Sq Ft

Last List Price

$59,000

Sold For

$40,000

Against Asking

Sold 32.2% 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

2-unit double block in good condition with ample off street parking and separate utilities.

This property has sold and is no longer on the market. This is an older sale on record (March 2013), not a recent one — values in this market have moved since. It sold for $40,000 in March 2013. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Darren G Snyder.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Duplex
Style: Double (Side x Side)
Condition: Good

Interior

Basement: Concrete
Interior Features: Plaster
Included: 1 Refrigerator, 1 Washer, 1 Dryer

Systems

Heating: Natural Gas, Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Stucco
Roof: Composition
Lot Dimensions: 35x113x39x101

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Commercial

Costs & Listing

Annual Taxes: $1,465
Gross Income: $14,400
Net Operating Income: $12,575
Cap Rate: 21.31%
MLS #: 12-1861
Listed By: Darren G Snyder

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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