169 Madison Street, Wilkes-Barre, PA 18702 (MLS# 25-4190)

169 Madison Street, Wilkes-Barre, PA 18702

$265,000

Property Type: Residential Income Square Footage: 2,550 Status: Closed

Current Price: $265,000 List Date: 8/20/2025 Last Modified: 11/03/2025

Overview

Description

Great investment opportunity! This well maintained 3 unit property features separate heat, gas and electric for each apartment, keeping expenses simple and efficient. Two units are occupied with reliable tenants, providing steady income from day one. The 3rd unit is freshly available, perfect for an owner occupant looking to offset their mortgage or an investor to fill quickly!

Supplements: With low taxes and a strong rental history, this property is a smart addition to any portfolio!

Listing Details MLS# 25-4190

Location, Tax & Legal

House # (1): 169
Street Name: Madison
Street Suffix: Street
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: Residential
PIN #: 73-H10NW4-019-023-000
DB/Record Book: 03024
Page: 001459
Total County Assmnt: 74700
Est County Tax: 474.65
Est Total Tax: 2526.04

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 2550
Est Age Range: 76 - 100 Yrs

Remarks Directions

Directions: N Main St - Left on Butler - Right on Madison - Home on Left

Status Change Information

Under Contract Date: 2025-08-27
Sold Date: 2025-10-03

Expenses

Annual Gross Income: 22200
Annual Water Exp: 2400
Annual Sewer Exp: 900
Annual Real Est Tax: 2526
Annual Fire/Liabilty: 1200
Total Annl Expenses: 3600
Anl Net Inc b/4 Debt: 22200
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 3
# Refrigerators: 3

Unit 1 Info

Unit #: Yes
Approx SF: 700
# Rooms: 5
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Ordinary
# 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 2 Info

Unit #: 2
Approx SF: 700
# Rooms: 4
Monthly Rent: 850
# Bedrooms: 2
Kitchen Style: Ordinary
# 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 #: 3
Approx SF: 850
# Rooms: 5
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Monthly Rent: 0

Remarks & Directions

Include: 3 Stoves, 3 Refrigerators
Exclude: Tenants personal property
Hot Sheet Comment: new

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Electric Baseboard: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Aluminum: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: None Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor

Listing Office: Christian Saunders Real Estate

Listing Agent: Team Stash

Last Updated: November - 03 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing