104 Madison Street, Wilkes-Barre, PA 18702 (MLS# 21-5877)

104 Madison Street, Wilkes-Barre, PA 18702

$499,000

Property Type: Residential Income Square Footage: 6,550 Status: Closed

Current Price: $499,000 List Date: 11/12/2021 Last Modified: 12/26/2025

Overview

Description

The moneymaker...a great chance to start or increase you portfolio with a tremendous investment property, work has already been done and completed for you. FULLY OCCUPIED with long term tenants AND a gross income of over $77k/yearly, with definite room for rental increase income. Newer roof, all utilities separated, tenants care for their own expenses, with exceptions. Located near major streets,

Supplements: local college. Water is included in rent for all units in 104, and all utilities are included in rent for unit 108 #1. This hefty package for the savvy investor has endless possibilities. Don't be shy, invest now!! Call listing agent for appointment, allow 48 hrs. COVID-19 HSA forms must be submitted for all entering property prior to showing. Max ... (Read more)

Listing Details MLS# 21-5877

Location, Tax & Legal

Street Number: 104
Street Name: Madison
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
House # (2): 106
Zoning: Multi-Family
PIN #: H10NW4018062 & H10NW4018063
DB/Record Book: 3012 & 3012
Page: 62012 & 48360
Total County Assmnt: 100600
Est County Tax: 2000.73
Est Total Tax: 5091.6

Listing Information

Listing Contract Date: 2021-11-11

Property Information

Property Sub Type: Multi Family
Building Area Total: 6550
Est Age Range: 76 - 100 Yrs
Parking: On-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: No
Garage Type: None
# Spaces off-Street: 0

Remarks Directions

Directions: Take Main St. to a left on Beaumont, building on the corner of Madison and Beaumont.

Status Change Information

Purchase Contract Date: 2021-11-16
Close Date: 2022-01-07

Expenses

Annual Gross Income: 77460
Annual Electric Exp: 1200
Annual Water Exp: 1620
Annual Sewer Exp: 4265.54
Annual Real Est Tax: 5091.6
Total Annl Expenses: 13612.14
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 1435
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 63482.86

More Information

Unit 1 Info

Unit #: 104
# Rooms: 4
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 730
Monthly Rent: 850
Kitchen Style: Semi-Modern
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 104
Approx SF: 730
# Rooms: 4
Monthly Rent: 775
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 104
Approx SF: 600
# Rooms: 3
Monthly Rent: 680
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 104
Approx SF: 730
# Rooms: 4
Monthly Rent: 900
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 104
Approx SF: 730
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 106
Approx SF: 1100
# Rooms: 6
Monthly Rent: 1000
# Bedrooms: 4
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 7 Info

Unit #: 108
Approx SF: 1100
# Rooms: 6
Monthly Rent: 850
# Bedrooms: 4
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 8 Info

Unit #: 108
Approx SF: 515
# Rooms: 3
Monthly Rent: 600
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 8 Ranges, 8 Refrigerators...AS IS, WHERE IS condition
Exclude: Personal Property
Hot Sheet Comment: new

Showing Instructions

Other - See Remarks: Yes

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Electric Baseboard: Yes
Forced Air: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Aluminum: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes

Basement

Dirt Floor: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Very Good Hot Water Heater: Electric

Listing Office: Simplicity Realty

Listing Agent: Willford Balmaceda

Last Updated: December - 26 - 2025

Broker Attribution: 570-855-6480

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing