251 N Pennsylvania Avenue, Wilkes-Barre, PA 18702 (MLS# 23-412)

251 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$1,800,000

Property Type: Residential Income Square Footage: 2,200 Status: Closed

Current Price: $1,800,000 List Date: 2/03/2023 Last Modified: 7/25/2026

Overview

Description

Great investment opportunity located close to Kings college. This is fully rented and is a great money maker. New roof just redone in 2020. Huge PORTFOLIO opportunity this includes several addresses. 8 properties with 26 units

Listing Details MLS# 23-412

Location, Tax & Legal

House # (1): 251
Street Direction Pfx: N
Street Name: Pennsylvania
Street Suffix: Avenue
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

Listing Information

Limited Service: No

Property Information

Property Sub Type: Duplex
Realtor.COM Type: Multi-Family
Style: Double (Side x Side)
Aprx Total SF: 2200
Year Built: 1935
Est Age Range: 76 - 100 Yrs

Remarks Directions

Directions: Take Wilkes-Barre Blvd - Turn Right At Scott St. Then Turn Right at N. Pennsylvania Ave.

Status Change Information

Under Contract Date: 2023-02-03
Sold Date: 2023-06-15

Expenses

Annual Gross Income: 19740
Annual Real Est Tax: 1680
Annual Fire/Liabilty: 831
Total Annl Expenses: 2511
Anl Net Inc b/4 Debt: 18489

More Information

Unit 1 Info

Unit #: 251
Approx SF: 1100
# Rooms: 6
Monthly Rent: 850
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 2 Info

Unit #: 253
Approx SF: 1100
# Rooms: 6
Monthly Rent: 795
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Property Features

Showing Instructions: Other - See Remarks Heat Fuel Type: Gas Heat Type: Steam AC Type: None Condition: Good Exterior: Brick Roof: Comp Shingle Interior Finish: Other - See Remarks Water: Public Sewer: Public Hot Water Heater: Gas Basement: Full Unfinished

Listing Office: ERA One Source Realty

Listing Agent: Sunita Arora

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing