296 Academy Street, Wilkes-Barre, PA 18702 (MLS# 24-5006)

296 Academy Street, Wilkes-Barre, PA 18702

$339,500

Property Type: Residential Income Square Footage: 3,432 Status: Closed

Current Price: $339,500 List Date: 10/09/2024 Last Modified: 2/10/2026

Overview

Description

Here's your chance to invest in a spacious 3-unit building for the price of a shoebox in Manhattan! Located on a prime corner lot in Wilkes-Barre. This gem comes with a garage and more updates then your iPhone. Come see for yourself. Cash in before someone else does. One unit is already vacant, move in or rent it out. Being sold As Is.

Listing Details MLS# 24-5006

Location, Tax & Legal

Street Number: 296
Street Name: Academy
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: Residential
PIN #: 73-H9SE1-012-007-000
DB/Record Book: 3023
Page: 170805
Total County Assmnt: 132600
Est County Tax: 842
Est Total Tax: 3691

Listing Information

Listing Contract Date: 2024-10-08

Property Information

Property Sub Type: Multi Family
Building Area Total: 3432
Est Age Range: 51 - 75 Yrs
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: Yes
Garage Type: Detached

Remarks Directions

Directions: Take I-81 N, Exit 168, Coal St and Wilkes-Barre Blvd, Hill st, Hazle St to Academy St Destination will be on the left

Status Change Information

Purchase Contract Date: 2024-10-23
Close Date: 2024-11-26

Expenses

Annual Gross Income: 23700
Annual Sewer Exp: 150
Annual Real Est Tax: 3691
Total Annl Expenses: 3741
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Fire/Liabilty: 2095
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 23700

More Information

Appliances

# Ranges: 3
# Refrigerators: 3

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: N
Approx SF: 400
Monthly Rent: 775
Kitchen Style: Modern
Lease: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 1500
# Rooms: 6
Monthly Rent: 1200
# 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: 1532
# Rooms: 8
Monthly Rent: 0
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Remarks & Directions

Include: Glass door Armoire, Wood Armoire both on 3rd floor. 3 stoves, 3 refrigerators
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Asbestos: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Concrete Floor: Yes

MF Amenities

Porch: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Very Good

Listing Office: Real Broker LLC d/b/a Real of Pennsylvania

Listing Agent: Aly Diaz

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing