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423 Scott Street, Wilkes-Barre, PA 18702

$650,000
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Property Type: Residential Income Square Footage: 7,400 Status: Closed
Current Price: $650,000 List Date: 4/02/2025 Last Modified: 7/25/2026

Overview

Description

Fully occupied 6 unit cash machine up for grabs. Potential to add value with a basement unit possibility. You already know the game-Your not getting a 12.8% CAP anywhere near NYC/NJ. This is real cash flow, real returns and a real shot at making money in PA without overpaying. Being sold As Is

Listing Details MLS# 25-1470

Location, Tax & Legal

House # (1)
423
Street Name
Scott
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
7400
Est Age Range
100 Plus Yrs
Parking
Off-Street

Remarks Directions

Directions
From Wilkes-Barre Blvd Turn left onto Conyngham Ave Turn right onto Scott St

Status Change Information

Under Contract Date
2025-04-30
Sold Date
2025-07-03

Expenses

Annual Gross Income
90696
Annual Sewer Exp
600
Annual Garbage Remvl
1380
Annual Real Est Tax
5394
Total Annl Expenses
7374
Anl Net Inc b/4 Debt
90696

More Information

Unit 1 Info

Unit #
Yes
Approx SF
1000
# Rooms
6
Monthly Rent
1200
# Bedrooms
3
Kitchen Style
Ordinary
# 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 2 Info

Unit #
2
Approx SF
1000
# Rooms
6
Monthly Rent
1283
# Bedrooms
3
Kitchen Style
Ordinary
# 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
1000
# Rooms
6
Monthly Rent
1200
# Bedrooms
3
Kitchen Style
Ordinary
# 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
1000
# Rooms
6
Monthly Rent
1200
# Bedrooms
3
Kitchen Style
Ordinary
# 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
1000
# Rooms
6
Monthly Rent
1350
# Bedrooms
3
Kitchen Style
Ordinary
# 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 6 Info

Unit #
6
Approx SF
1000
# Rooms
6
Monthly Rent
1325
# Bedrooms
3
Kitchen Style
Ordinary
# 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

Property Features

Heat Fuel Type: Gas Heat Type: Forced Air AC Type: None Condition: Good Exterior: Brick Roof: Rolled Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor; Dirt Floor; Full Unfinished
Listing Office: Real Broker LLC d/b/a Real of Pennsylvania
Listing Agent: Aly Diaz
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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