264 Academy Street, Wilkes-Barre, PA 18702 (MLS# 22-3095)

264 Academy Street, Wilkes-Barre, PA 18702

$399,900

Property Type: Residential Income Square Footage: 4,550 Status: Closed

Current Price: $399,900 List Date: 6/30/2022 Last Modified: 7/25/2026

Overview

Description

Multi-Family Investment Property in Wilkes-Barre. Six (6) Apartments fully occupied! Nice Corner location on all set on a Double Lot with Off Street tenant parking. Coin-Op Washer/Dryer in basement for added income potential! Add this one to your investment portfolio!

Listing Details MLS# 22-3095

Location, Tax & Legal

House # (1): 264
Street Name: Academy
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

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 4550
Est Age Range: 76 - 100 Yrs

Remarks Directions

Directions: River Street to Academy Street.

Status Change Information

Under Contract Date: 2022-07-06
Sold Date: 2022-07-15

Expenses

Annual Gross Income: 54600
Annual Electric Exp: 364.77
Annual Gas Exp: 3284.79
Annual Water Exp: 2033.64
Annual Sewer Exp: 300
Annual Real Est Tax: 5816.65
Annual Fire/Liabilty: 1669
Annual Flood Ins: 1605
Total Annl Expenses: 15073.85
Anl Net Inc b/4 Debt: 39526.15

More Information

Appliances

# Ranges: 6
# Refrigerators: 6
# Washer: Yes
# Dryers: Yes

Unit 1 Info

Unit #: Yes
Approx SF: 720
# Rooms: 4
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 720
# Rooms: 4
Monthly Rent: 650
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 720
# Rooms: 4
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 720
# Rooms: 4
Monthly Rent: 700
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator AC Type: None Condition: Good Exterior: Stucco Roof: Other - See Remarks Interior Finish: Drywall; Plaster; Other - See Remarks Water: Public Sewer: Public Basement: Full Unfinished MF Amenities: Coin-Op Washer/Dryer

Listing Office: Park Place Properties Real Estate, LLC

Listing Agent: Donald J. Brown

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing