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111 Old River Road, Wilkes-Barre, PA 18702

$479,000
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Property Type: Residential Income Square Footage: 6,098 Status: Active
Current Price: $479,000 List Date: 8/06/2026 Last Modified: 8/06/2026

Overview

Description

Great investment opportunity! This 6-unit is fully rented and is conveniently located near major highways, schools, shopping and downtown. Very well-maintained building with new roof, new concrete walkway, and off-street parking in rear.

Listing Details MLS# 26-3913

Location, Tax & Legal

House # (1)
111
Street Name
Old River
Street Suffix
Road
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
Zoning
Commercial
PIN #
73-H9SW2-006-015
DB/Record Book
3020
Page
93265
Total County Assmnt
207800
Est County Tax
1320.38
Est Total Tax
5112
Tax Year
2025

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
6098
Est Age Range
76 - 100 Yrs
Garage Stalls
No

Remarks Directions

Directions
Academy Street, left on Old River, property on right.

Expenses

Annual Gross Income
78600
Annual Electric Exp
3500
Annual Gas Exp
7000
Annual Water Exp
4900
Annual Sewer Exp
652
Annual Real Est Tax
5112
Annual Fire/Liabilty
4500
Total Annl Expenses
25664
Anl Net Inc b/4 Debt
52936
Annual Othr Fuel Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
1100
# Rooms
3
Monthly Rent
1200
# Bedrooms
2
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

Unit 2 Info

Unit #
2
Approx SF
1000
# Rooms
3
Monthly Rent
1100
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
1000
# Rooms
2
Monthly Rent
1100
# 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

Unit 4 Info

Unit #
4
Approx SF
900
# Rooms
3
Monthly Rent
1000
# Bedrooms
2
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

Unit 5 Info

Unit #
5
Approx SF
950
# Rooms
2
Monthly Rent
1050
# 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

Unit 6 Info

Unit #
6
Approx SF
1000
# Rooms
2
Monthly Rent
1100
# 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

Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Other - See Remarks
Yes

Heat Type

Steam
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Stucco
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Other - See Remarks
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Steam AC Type: None Condition: Good Exterior: Stucco Roof: Comp Shingle Interior Finish: Other - See Remarks Water: Public Sewer: Public Basement: Other - See Remarks
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: August - 06 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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