173-175 Hanover Street, Wilkes-Barre, PA 18702 (MLS# 23-2007)

173-175 Hanover Street, Wilkes-Barre, PA 18702

$480,000

Property Type: Residential Income Square Footage: 7,290 Status: Closed

Current Price: $480,000 List Date: 5/13/2023 Last Modified: 7/25/2026

Overview

Description

Fully occupied 6 unit building, located by Geisinger Hospital. Off street parking, laundry area. Solid rental history. Rents can be adjusted to market rates.

Listing Details MLS# 23-2007

Location, Tax & Legal

House # (1): 173-175
Street Name: Hanover 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

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 7290
Year Built: 1945
Est Age Range: 76 - 100 Yrs
Garage Type: None
# Spaces off-Street: 10
Parking: Off-Street

Remarks Directions

Directions: From South Main Street Wilkes Barre, right onto Hanover Street to property on right ( 173-175)

Status Change Information

Under Contract Date: 2023-08-18
Sold Date: 2023-11-28

Expenses

Annual Gross Income: 51000
Annual Electric Exp: 2800
Annual Water Exp: 1980
Annual Sewer Exp: 1980
Annual Real Est Tax: 4583.04
Annual Fire/Liabilty: 1500
Total Annl Expenses: 12853.04
Anl Net Inc b/4 Debt: 38146.96

More Information

Appliances

# Ranges: 6
# Refrigerators: 6

Unit 1 Info

Unit #: Yes
Approx SF: 1500
# Rooms: 5
Monthly Rent: 750
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 600
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 600
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 1500
# Rooms: 4
Monthly Rent: 750
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 1700
# Rooms: 6
Monthly Rent: 1050
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 1190
# Rooms: 5
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

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: Electric Basement: Concrete Floor; Full Unfinished

Listing Office: RPA Real Estate

Listing Agent: Randy B. Hockman

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

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MLS Listing