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183 S Meade Street, Wilkes-Barre, PA 18702

$240,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Property Type: Residential Income Square Footage: 1,916 Status: Closed
Current Price: $240,000 List Date: 6/03/2024 Last Modified: 9/12/2024

Overview

Description

Discover an exceptional investment opportunity in the heart of Wilkes-Barre with this meticulously updated and remodeled two-unit, side-by-side property. Each unit boasts modern amenities and a stylish, contemporary design, making them highly desirable for tenants or owner-occupants alike. This charming multi-unit property combines the best of both worlds: the comfort of a modern home and the

Supplements: charm of a historic neighborhood. Every aspect of these units has been thoughtfully renovated to ensure the highest standards of quality and comfort. The spacious living areas are adorned with new flooring and fresh paint, creating a warm and inviting atmosphere. One of the standout features of this property is its low taxes, making it an incredibl ... (Read more) charm of a historic neighborhood. Every aspect of these units has been thoughtfully renovated to ensure the highest standards of quality and comfort. The spacious living areas are adorned with new flooring and fresh paint, creating a warm and inviting atmosphere. One of the standout features of this property is its low taxes, making it an incredibly cost-effective investment. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking an income-generating property, the financial benefits of this multi-unit are clear. Located in a desirable area of Wilkes-Barre, this property offers convenient access to local amenities, schools, and public transportation, ensuring a high demand from prospective tenants. The community is known for its friendly atmosphere and vibrant local culture, providing a welcoming environment for residents. Don't miss your chance to own this beautifully remodeled multi-unit property in Wilkes-Barre. With its modern updates, attractive design, and low taxes, it represents a unique and valuable investment opportunity.

Listing Details MLS# 24-2548

Location, Tax & Legal

Street Number
183
Street Direction Prefix
S
Street Name
Meade
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
Zoning
Multi-Family
PIN #
73I10NW1020036000
DB/Record Book
1820
Page
3006
Total County Assmnt
44500
Est County Tax
0
Est Total Tax
1665

Listing Information

Listing Contract Date
2024-06-03
Limited Service
No

Property Information

Property Sub Type
Duplex
Building Area Total
1916
Year Built
1940
Est Age Range
76 - 100 Yrs
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
Garage Stalls
No

Remarks Directions

Directions
Highland Park Blvd to Coal Street, right onto S. Wilkes Barre Blvd, left on E Northampton Street, right on S. Meade

Status Change Information

Purchase Contract Date
2024-06-18
Close Date
2024-08-19

Expenses

Annual Gross Income
16800
Annual Electric Exp
400
Annual Water Exp
1680
Annual Real Est Tax
1665
Total Annl Expenses
5745
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Sewer Exp
0
Annual Fire/Liabilty
2000
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
11055

More Information

Unit 1 Info

Unit #
183
# Rooms
5
# Bedrooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
958
Monthly Rent
700
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
185
Approx SF
958
# Rooms
5
Monthly Rent
700
# Bedrooms
3
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

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Steam
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full Unfinished
Yes

Property Features

Heat Fuel Type: Gas AC Type: None Condition: Good Basement: Full Unfinished
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: September - 12 - 2024
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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Shavertown, PA 18708

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Blakeslee, PA 18610

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