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89 Carey Avenue, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #15-3152

$250,000

Sold March 2016

89 Carey Avenue, Wilkes-Barre in Wilkes-Barre

1 / 8

Units

10,956

Building SF

$23

Per Sq Ft

Last List Price

$345,000

Sold For

$250,000

Against Asking

Sold 27.5% 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

10 Unit investment property, totally rented and in great condition. Consists of 8 3 bdrm 1.5 baths and 2 1 bedroom apts. All rented. Rents are adjusted higher to pay the landlords heating costs. Heating system can also be separated.The highley experianced property Manager is willing to stay on & manage the building. Don't pass up this chance to own real estate of this caliber!

This property has sold and is no longer on the market. This is an older sale on record (March 2016), not a recent one — values in this market have moved since. It sold for $250,000 in March 2016. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Coldwell Banker Town & Country 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: 10 stoves, 10 refrigerators, 2 coin operated washers & 2 coin operated dryers.

Systems

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

Exterior & Lot

Exterior: Brick
Outdoor: Patio
Lot Dimensions: 150 x 175

Location

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

Costs & Listing

2014 Taxes: $10,329
Gross Income: $85,800
Net Operating Income: $49,451
Cap Rate: 14.33%
MLS #: 15-3152
Listed By: Coldwell Banker Town & Country Properties

What Is Your Wilkes-Barre Home Worth Today?

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