29 Terrace Street, Wilkes-Barre, PA 18702

$299,900
Property Type: Residential Income Square Footage: 4,952 Status: Active
Current Price: $299,900 List Date: 10/26/2025 Last Modified: 10/26/2025

Description

Spacious 9-Bedroom Home with Investment Potential Near Wilkes University Large 4,952 sq ft property currently used as a single dwelling, offering excellent potential as an income-producing investment. Conveniently located near Wilkes University and downtown Wilkes-Barre, this home features 9 bedrooms and 4 bathrooms, providing ample space for large households, student

Supplements: housing, or multi-unit conversion. The layout includes multiple living areas and common spaces, making it ideal for shared living arrangements. With its desirable location, high bedroom count, and flexible floor plan, this property is a rare opportunity for investors seeking strong rental demand in a prime area. Whether you continue to use it as a spacious residence or reimagine it as a multi-unit or student rental, this property offers exceptional versatility and value. Features: 4,952 sq ft of living space 9 bedrooms / 4 baths Close to Wilkes University and downtown amenities Flexible layout for multiple uses Strong rental potential

More Information MLS# 25-5043

Listing Information

Limited Service: No Current Price: $299,900 List Price: $299,900 List Date: 2025-10-04

Property Information

Realtor.COM Type: Multi-Family Est Age Range: 51 - 75 Yrs Lot Size: 50 X 110 Garage Stalls: 0 Garage Type: None Parking: Off-Street Property Sub Type: Multi Family Aprx Total SF: 4952

Location, Tax & Legal

Zoning: Apartment Residential PIN #: H9SE1006019-73 DB/Record Book: 3002 Page: 134860 Total County Assmnt: 113900 Est County Tax: 723.73 Est Total Tax: 4095.24 House # (1): 29 Street Name: Terrace 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

Remarks & Directions

Include: all appliances Exclude: personal belongings Hot Sheet Comment: new

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 Real Est Tax: 4095.24 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: 1 Gas: 1

Interior Finish

Drywall: 1 Paneling: 1 Plaster: 1

Heat Type

Electric Baseboard: 1 Steam: 1

Condition

Good: 1

AC Type

None: 1

Water

Public: 1

Exterior

Wood: 1 Other - See Remarks: 1

Sewer

Public: 1

Roof

Comp Shingle: 1

Hot Water Heater

Gas: 1

Basement

Concrete Floor: 1 Full-Finished: 1

Unit 1 Info

Unit #: 1 Approx SF: 1898 # Rooms: 6 Monthly Rent: 0 # Bedrooms: 3 Kitchen Style: Modern # Baths: 1 Lease: N Heat in Rent: Y Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: N

Unit 2 Info

Unit #: 1 Approx SF: 3000 # Rooms: 9 Monthly Rent: 0 # Bedrooms: 6 Kitchen Style: Modern # Baths: 3 Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: N

Remarks Directions

Directions: River Road to Stanley to Terrace. Property on left.

Status Change Information

Status: Active

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Steam AC Type: None Condition: Good Exterior: Wood; Other - See Remarks Roof: Comp Shingle Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full-Finished
Listing Office: Lewith & Freeman, Mountaintop
Listing Agent: Sandra Polguy
Last Updated: October - 26 - 2025
Information deemed reliable but not guaranteed.
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