68-70 W South Street Wilkes Barre, PA ^$ 450,000

68-70 W South Street

^$ 450,000

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68-70 W South Street

Wilkes Barre, PA, 18701

^$ 450,000

Studio Baths0.0 Sq 5,800

Monthly Estimate*

^$ 2,991

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68-70 W South Street, Wilkes Barre, PA 18701 - Image 10

Studio

Multi-Family Home for sale in Wilkes Barre, PA

for $450,000. This 5,800 square foot home was built in 1950 on a lot size of 0.17.

Great Investment Opportunity! Fully rented 5 unit in the heart of Wilkes Barre located very closely to Wilkes University! Tenants pay electricity and cooking heat!

Multi-Family Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,023

Style

Multi Family

Lot Size

0.17

Year Built

1950

Town/City

Wilkes Barre

County/Region

Luzerne

MLS | Web ID

235204

Features

General

Sewer Public Sewer

Heating Electric See Remarks Other Natural Gas

Cooling None

Possession Negotiable

Roof Composition Wood

Zoning r2

Garage Spaces 0

Construction Materials Aluminum Siding Wood Siding

Year Built 1950

Electric Circuit Breakers

Tenant Pays Cable TV Electricity

Stories 2

Levels Two

Property SubType Multi Family

Tax Year 2023

Current Use Multi-Family Unimproved Residential

Gross Income 60600

Building Name N/A

County Luzerne

Net Operating Income 47097

Insurance Expense 2880

Property Type Commercial Sale

Possible Use Multi-Family

Building Features Public Restrooms Turnkey Operations See Remarks

Status Active

Directions From Wilkes Barre the property is located on W. South between River and Franklin.

City Wilkes-Barre

Buyer Agent Compensation 2.00

High School District Wilkes-Barre Area

Zoning Description Multi-Family

Total Units 5

Street Name South

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 6023.27

Electric Expense 400

Additional Parcels Y/N N

Concessions No

Days on Market 174

Standard Status Active

Tax Assessed Value 244800

Taxes 6023

Buyer Agent Compensation Type %

Interior

Flooring Carpet Other Ceramic Tile

Basement (Y/N) N

Street Suffix Street

Exterior

Parking Features None On Street

Lot Features Level See Remarks Other

Water Source Other See Remarks Public

Total Parking 0

Number of Buildings 1

Building Area Total 5800

Lot Dimensions 50x155

Lot Size Acres 0.17

Road Surface Type Paved

Road Frontage Type City Street

* Excluded Features

List By

Era One Source Realty

Broker

sunitaarora11@gmail.com

Affordability Calculator

$3,493

Per Month

Monthly Principal & Interest: $2,991
Monthly Property Taxes: $502
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Wilkes Barre, PA

Average List Price ^$339,950

Percent of Sale Price 24%

About Wilkes Barre, PA

40,756 Population

-5% Since 2002

^$31,958 Median Income

36.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2391696 Elementary School

2391759 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2023	$450,000		Listed Price

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68-70 W South Street, Wilkes Barre, PA, 18701 is a Multi-Family Home for sale at $450,000 with 5,800 sqft and a lot size of 0.17. 68-70 W South Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 18701 which is in Wilkes Barre, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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68-70 W South Street

Multi-Family Home for sale in Wilkes Barre, PA

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