261-263 N Main Street, Wilkes-Barre, PA 18702

$465,000
Property Type: Residential Income Square Footage: 3,168 Status: Closed
Current Price: $465,000 List Date: 1/03/2025 Last Modified: 7/10/2025

Overview

Description

Student Housing 13 Drs 1 Building 11 CAP Kings College Area, Off Street Parking , Leases for 24/25 AND 25/26 School Year Signed Off Street Parking 5 Cars Low Utilities Low Maintenance Cost. Nets over 52K a Year. Very easy to manage. Will help with new owner transisition. Kings College Womens Soccer Team Great Tenants! No interior pics for student safety. This property is Agent Owned

Listing Details MLS# 24-5718

Location, Tax & Legal

Street Number
261-263
Street Direction Prefix
N
Street Name
Main
Street Suffix
Street
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
Zoning
Multi-Family
PIN #
H10NW1023020-73
DB/Record Book
2030
Page
148365
Total County Assmnt
184200
Est County Tax
0
Est Total Tax
0

Listing Information

Listing Contract Date
2024-11-18
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
3168
Est Age Range
51 - 75 Yrs
# Spaces off-Street
5
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None

Remarks Directions

Directions
From Public Square travel N Main St to 261-263 N Main propety is on the right . Yellow and Red brick building.

Status Change Information

Purchase Contract Date
2025-03-10
Close Date
2025-06-09

Appliances

# Ranges
4
# Refrigerators
4

More Information

Unit 1 Info

Unit #
Yes
# Rooms
5
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
700
Monthly Rent
850
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
700
# Rooms
5
Monthly Rent
850
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
N

Unit 3 Info

Unit #
3
Approx SF
1100
# Rooms
6
Monthly Rent
1700
# Bedrooms
4
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
1300
# Rooms
7
Monthly Rent
1700
# Bedrooms
5
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

Remarks & Directions

Include
4 Refrigerators, 4 Range, All Applicances are AS IS
Exclude
Tenants personal property
Hot Sheet Comment
price

Showing Instructions

Other - See Remarks
Yes

Expenses

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

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Electric Baseboard
Yes
Hot Water Radiator
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes

Basement

Concrete Floor
Yes
Dirt Floor
Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Radiator AC Type: None Condition: Good Exterior: Vinyl Hot Water Heater: Electric
Listing Office: eXp Realty- Scranton/Wilkes-Barre
Listing Agent: Candice Nulton-Farrell
Last Updated: July - 10 - 2025
Information deemed reliable but not guaranteed.
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