245 Matson Avenue, Wilkes-Barre, PA 18705 (MLS# 25-5973)

245 Matson Avenue, Wilkes-Barre, PA 18705

$350,000

Property Type: Residential Income Square Footage: 5,040 Status: Closed

Current Price: $350,000 List Date: 11/24/2025 Last Modified: 7/25/2026

Overview

Description

Six unit building located in the Parsons section of the city. Each unit consists of four rooms, two bedrooms, one full bath. Kitchens and baths are in need of upgrade. Separate utilities. Partial basement, with 6 heating units 6 water heaters. New roof 2024. Bring flashlight for basement. 3 long term tenants. 3 vacant units. One unit was formerly owner occupied. Rents are below market.

Listing Details MLS# 25-5973

Location, Tax & Legal

House # (1): 245
Street Name: Matson
Street Suffix: Avenue
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18705
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5040
Year Built: 1900
Est Age Range: 100 Plus Yrs
Garage Type: None
# Spaces off-Street: 6
Parking: Off-Street

Remarks Directions

Directions: Scott Street to Matson Ave. Property on left.

Status Change Information

Under Contract Date: 2025-12-01
Sold Date: 2026-01-23

Expenses

Annual Gross Income: 30600
Annual Water Exp: 3450
Annual Sewer Exp: 1378
Annual Real Est Tax: 2934
Annual Fire/Liabilty: 2877
Annual Other Misc: 300
Total Annl Expenses: 10939

More Information

Appliances

# Ranges: 5

Unit 1 Info

Unit #: Yes
Approx SF: 840
# Rooms: 4
Monthly Rent: 425
# 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: 840
# Rooms: 4
Monthly Rent: 425
# 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: 840
# Rooms: 4
Monthly Rent: 425
# 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 4 Info

Unit #: 4
Approx SF: 840
# Rooms: 4
Monthly Rent: 425
# Bedrooms: 2
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

Unit 5 Info

Unit #: 5
Approx SF: 840
# Rooms: 4
Monthly Rent: 425
# Bedrooms: 2
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

Unit 6 Info

Unit #: 6
Approx SF: 840
# Rooms: 4
Monthly Rent: 425
# Bedrooms: 2
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

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Partial MF Amenities: Porch

Listing Office: C. A. Leighton Company Inc

Listing Agent: Patricia Leighton

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

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MLS Listing