273-275 New Hancock Street, Wilkes-Barre, PA 18702

New Listing
$500,000
Property Type: Residential Income Square Footage: 5,194 Status: Active
Current Price: $500,000 List Date: 4/09/2026 Last Modified: 4/14/2026

Overview

Description

Fully remodeled 5-unit apartment building--designed for investors seeking immediate returns and long-term stability. This turn-key asset has been completely upgraded, featuring modern interiors, updated systems, and strong tenant appeal. With renovations already done, it offers reliable cash flow from day one and minimizes future capital expenses. A great addition to any portfolio!

Listing Details MLS# 26-1149

Location, Tax & Legal

House # (1)
273-275
Street Name
New Hancock 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
Zoning
Multi-Family
PIN #
H10SW2011001, H10SW2011002
DB/Record Book
3023
Page
100908
Total County Assmnt
85000
Est County Tax
540
Est Total Tax
2676.38

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
5194
Est Age Range
76 - 100 Yrs
Garage Type
None
Parking
Off-Street
Garage Stalls
No

Remarks Directions

Directions
Scott St to Chapel St. turn right onto New Hancock St. Property on the left

Expenses

Annual Gross Income
63273
Annual Sewer Exp
880
Annual Garbage Remvl
350
Annual Real Est Tax
2676.38
Annual Fire/Liabilty
4215
Total Annl Expenses
8121.38
Anl Net Inc b/4 Debt
54529.73
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
1720
# Rooms
6
Monthly Rent
1484
# Bedrooms
3
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 #
2
Approx SF
860
# Rooms
4
Monthly Rent
1114
# 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
N
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
860
# Rooms
4
Monthly Rent
1250
# 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
N
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
685
# Rooms
3
Monthly Rent
1025
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 5 Info

Unit #
5
Approx SF
685
# Rooms
3
# Bedrooms
Yes
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Monthly Rent
0

Remarks & Directions

Exclude
Tenants personal property
Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes
Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Electric
Yes
Gas
Yes

Basement

Full Unfinished
Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Hot Water Baseboard AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Hot Water Heater: Electric; Gas Basement: Full Unfinished
Listing Office: Jonathan J. Nelson Real Estate
Listing Agent: Angelo Alba
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.
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