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38 S Welles Street, Wilkes-Barre, PA 18702

$185,000
Front Rear Apartment 1 Apartment 2 Kitchen Kitchen Kitchen Kitchen Kitchen Bedroom Bedroom Bedroom Full Bath Living Room Living Room Living Room Bedroom Full Bath Full Bath Full Bath Kitchen Kitchen Kitchen Office
Property Type: Residential Income Square Footage: 1,910 Status: Closed
Current Price: $185,000 List Date: 5/29/2026 Last Modified: 7/25/2026

Overview

Description

Excellent investment opportunity! This nicely maintained 2 unit is ready for a new owner! Each unit is 2 bedrooms with long term tenants. There is off street parking with a nice sized yard. Each unit has separate heat and electric. Both units are currently rented at $1,000 a month.

Listing Details MLS# 26-2465

Location, Tax & Legal

House # (1)
38
Street Direction Pfx
S
Street Name
Welles
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
Duplex
Realtor.COM Type
Multi-Family
Aprx Total SF
1910
Est Age Range
76 - 100 Yrs

Remarks Directions

Directions
E Northampton - Left on S Welles - Home on right

Status Change Information

Under Contract Date
2026-05-31
Sold Date
2026-06-12

Expenses

Annual Gross Income
24000
Annual Water Exp
2160
Annual Sewer Exp
1004
Annual Real Est Tax
2275.08
Annual Fire/Liabilty
1200
Total Annl Expenses
6639.08
Anl Net Inc b/4 Debt
24000

More Information

Unit 1 Info

Unit #
Yes
Approx SF
900
# Rooms
4
Monthly Rent
1000
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
900
# Rooms
4
Monthly Rent
1000
# Bedrooms
2
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

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Steam AC Type: None Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Basement: Concrete Floor
Listing Office: Christian Saunders Real Estate
Listing Agent: Team Stash
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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