229 N Main Street, Wilkes-Barre, PA 18702 (MLS# 26-1773)

229 N Main Street, Wilkes-Barre, PA 18702

New Listing

$800,000

Property Type: Residential Income Square Footage: 9,000 Status: Active

Current Price: $800,000 List Date: 4/23/2026 Last Modified: 4/23/2026

Overview

Description

Turnkey investment opportunity in a high-demand student rental market! Investor confidence built in: Leases are already secured for the 2026-2027 academic year, providing immediate, reliable income from day one. The properties feature generously sized bedrooms, a large shared living area, multiple bathrooms, and a functional layout that maximizes rental occupancy.

Listing Details MLS# 26-1773

Location, Tax & Legal

House # (1): 229
Street Direction Pfx: N
Street Name: Main
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
House # (2): 231
Zoning: Residential
PIN #: 73-H10NW4-023-009-000;73-H10NW4-023-010-000;73-H10
DB/Record Book: SEE PRIVATE NOTES
Page: SEE PRIVATE NOTES
Total County Assmnt: 0
Est County Tax: 0
Est Total Tax: 0

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Aprx Total SF: 9000
Year Built: 1900
Est Age Range: 100 Plus Yrs
Garage Type: None
# Spaces off-Street: 2
Parking: On-Street
Garage Stalls: No

Remarks Directions

Directions: From Public Square turn onto N. Main St. Follow past N. Street and properties will be on the right hand side.

Expenses

Annual Gross Income: 76800
Annual Sewer Exp: 900
Annual Real Est Tax: 6320
Annual Fire/Liabilty: 2125
Annual Lawn Maint.: 600
Annual Other Misc: 8000
Total Annl Expenses: 17945
Anl Net Inc b/4 Debt: 58855
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Garbage Remvl: 0
Annual Flood Ins: 0
Annual Snow Removal: 0

More Information

Appliances

# Ranges: 3
# Refrigerators: 3
# Washer: 3
# Dryers: 3

Unit 1 Info

Unit #: 229
Approx SF: 3600
# Rooms: 10
Monthly Rent: 2400
# Bedrooms: 6
Kitchen Style: Modern
# Baths: 2
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 #: 231
Approx SF: 3600
# Rooms: 10
Monthly Rent: 2400
# Bedrooms: 6
Kitchen Style: Modern
# Baths: 2
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 #: 269
Approx SF: 1800
# Rooms: 7
Monthly Rent: 1600
# Bedrooms: 4
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Remarks & Directions

Include: 3 Refrigerators, 3 ovens, 3 washers, 3 dryers
Exclude: Tenants Personal Belongings
Hot Sheet Comment: new

Heat Fuel Type

Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Hot Water Baseboard: Yes
Hot Water Radiator: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Brick: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

MF Amenities

Fencing: Yes
Patio: Yes
Street Lights: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard; Hot Water Radiator AC Type: None Condition: Good Exterior: Aluminum; Brick Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished MF Amenities: Fencing; Patio; Street Lights

Listing Office: Avanti Real Estate Group

Listing Agent: Annamarie Conover

Last Updated: April - 23 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing