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22-26 W Ross Street, Wilkes-Barre, PA 18701

$350,000
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Property Type: Residential Income Square Footage: 5,500 Status: Closed
Current Price: $350,000 List Date: 4/13/2024 Last Modified: 7/25/2026

Overview

Description

With all four units fully rented, you can enjoy a steady stream of rental income and maximize the return on your investment. The proximity to the college campus, downtown area, and restaurants ensures a high level of demand for rental housing. Lets not forget newer roof, on demand water heater and plenty of off street parking.

Listing Details MLS# 24-1632

Location, Tax & Legal

House # (1)
22-26
Street Direction Pfx
W
Street Name
Ross
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18701
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
5500
Est Age Range
100 Plus Yrs
Parking
Off-Street

Remarks Directions

Directions
From Wyoming Ave, turn left onto Market St; Continue onto Market St Bridge; Turn right onto S River St; Turn left onto W Ross St

Status Change Information

Under Contract Date
2024-04-18
Sold Date
2024-05-28

Expenses

Annual Gross Income
47400
Annual Gas Exp
1500
Annual Othr Fuel Exp
1200
Annual Water Exp
3300
Annual Sewer Exp
285
Annual Real Est Tax
6987
Annual Fire/Liabilty
3703
Annual Snow Removal
500
Total Annl Expenses
18657
Anl Net Inc b/4 Debt
28743

More Information

Appliances

# Ranges
4
# Refrigerators
4
# Dishwashers
2
# Washer
6
# Dryers
6

Unit 1 Info

Unit #
Yes
Approx SF
1000
# 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 2 Info

Unit #
2
Approx SF
1000
# Rooms
4
Monthly Rent
800
# 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
900
# Rooms
5
Monthly Rent
700
# Bedrooms
2
# 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 4 Info

Unit #
4
Approx SF
2500
# Rooms
8
Monthly Rent
1600
# Bedrooms
5
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
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; Gas Heat Type: Hot Water Radiator; Radiant; Forced Air AC Type: Central Condition: Good Exterior: Brick Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished
Listing Office: Classic Properties Kingston
Listing Agent: Team Jesicca Skoloda
Last Updated: July - 25 - 2026
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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142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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