471-473 N River Street, Wilkes-Barre, PA 18702 (MLS# 24-4166)

471-473 N River Street, Wilkes-Barre, PA 18702

$350,000

Property Type: Residential Income Square Footage: 5,000 Status: Closed

Current Price: $350,000 List Date: 8/25/2024 Last Modified: 7/25/2026

Overview

Description

Are you an investor looking to add 4 units to your portfolio? Ideally located near General Hospital and King's College, this deal consists of 2 buildings: 3-unit building in front and a single-family home in rear. All gas-heat, tenants pay all utilities except water and sewer. Off-street parking, fenced yard and in-ground pool. Gross rents currently combine for close to $50,000 per year!

Listing Details MLS# 24-4166

Location, Tax & Legal

House # (1): 471-473
Street Direction Pfx: N
Street Name: River
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

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 5000
Est Age Range: 76 - 100 Yrs
Garage Type: None
Parking: Off-Street

Remarks Directions

Directions: Cross Valley to River Street exit. Head towards Wilkes-Barre General hospital. Continue past hospital. Property on left.

Status Change Information

Under Contract Date: 2024-09-04
Sold Date: 2024-11-13

Expenses

Annual Gross Income: 47400
Annual Water Exp: 3600.94
Annual Sewer Exp: 700
Annual Real Est Tax: 4984.28
Annual Fire/Liabilty: 1263
Total Annl Expenses: 10548.22
Anl Net Inc b/4 Debt: 36851.78

More Information

Appliances

# Ranges: 4
# Refrigerators: 4

Unit 1 Info

Unit #: 4
Approx SF: 1500
# Rooms: 7
Monthly Rent: 1500
# Bedrooms: 4
Kitchen Style: Semi-Modern
# 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

Unit 2 Info

Unit #: Yes
Approx SF: 1000
# Rooms: 5
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: Semi-Modern
# 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 3 Info

Unit #: 2
Approx SF: 1000
# Rooms: 6
# Bedrooms: 3
Kitchen Style: Semi-Modern
# 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 4 Info

Unit #: 3
Approx SF: 500
# Rooms: 2
Monthly Rent: 650
# Bedrooms: Yes
Kitchen Style: Semi-Modern
# 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: Forced Air AC Type: Window Units Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor

Listing Office: Century 21 Signature Properties

Listing Agent: Ron Wilson/JenineFinarelli Team

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing