191 S Meade Street, Wilkes-Barre, PA 18702 (MLS# 24-5461)

191 S Meade Street, Wilkes-Barre, PA 18702

$415,000

Property Type: Residential Income Square Footage: 3,206 Status: Closed

Current Price: $415,000 List Date: 11/03/2024 Last Modified: 2/10/2026

Overview

Description

Open house is Cancel.High Yield Investment! Renovated Brick 4 unit. 1 unit Vacant and ready for you to move in! This property is ideal for young buyers who want a smart start in real estate, FHA Friendly, All Separate Utilities.Annual Income: $53,400Expenses: A slim $4,451 NOI: $49,949Cap Rate: 11.8-still WAY above NYC averages!4Units means lower vacancy risk, minimal expenses and serious cash fl

Listing Details MLS# 24-5461

Location, Tax & Legal

Street Number: 191
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: Residential
PIN #: 73-I10NW1-010-017-000
DB/Record Book: 2367
Page: 679
Total County Assmnt: 156200
Est County Tax: 992.51
Est Total Tax: 3871

Listing Information

Listing Contract Date: 2024-11-03

Property Information

Property Sub Type: Multi Family
Building Area Total: 3206
Est Age Range: 76 - 100 Yrs
Realtor.COM Type: Multi-Family
Style: 3 or More Units

Remarks Directions

Directions: S Empire St, to E South st, and turn right on Meade St.

Status Change Information

Purchase Contract Date: 2024-11-07
Close Date: 2024-12-10

Expenses

Annual Gross Income: 53400
Annual Electric Exp: 240
Annual Sewer Exp: 340
Annual Real Est Tax: 3871
Total Annl Expenses: 4451
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Fire/Liabilty: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 53400

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 6
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 800
Monthly Rent: 1100
Kitchen Style: Semi-Modern
Lease: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 800
# Rooms: 6
Monthly Rent: 1200
# 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: N
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 800
# Rooms: 6
Monthly Rent: 1100
# Bedrooms: 2
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 600
# Rooms: 5
Monthly Rent: 1050
# Bedrooms: Yes
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Remarks & Directions

Include: stoves x4,refrigerator x4
Exclude: Tenants personal property
Hot Sheet Comment: new

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Basement

Concrete Floor: Yes

Property Features

Heat Fuel Type: Gas AC Type: None Condition: Very Good Exterior: Brick

Listing Office: Real Broker LLC d/b/a Real of Pennsylvania

Listing Agent: Aly Diaz

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing