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: 7/25/2026

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

House # (1): 191
Street Direction Pfx: S
Street Name: Meade
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

Property Information

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

Remarks Directions

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

Status Change Information

Under Contract Date: 2024-11-07
Sold 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
Anl Net Inc b/4 Debt: 53400

More Information

Unit 1 Info

Unit #: Yes
Approx SF: 800
# Rooms: 6
Monthly Rent: 1100
# 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 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

Property Features

Heat Fuel Type: Gas Heat Type: Electric Baseboard AC Type: None Condition: Very Good Exterior: Brick Roof: Rubber Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor

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

Listing Agent: Aly Diaz

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing