50 E CHESTNUT Street, Wilkes-Barre, PA 18705 (MLS# 21-1005)

50 E CHESTNUT Street, Wilkes-Barre, PA 18705

$235,000

Property Type: Residential Income Square Footage: 6,000 Status: Closed

Current Price: $235,000 List Date: 3/17/2021 Last Modified: 7/25/2026

Overview

Description

8 UNIT INVESTMENT BUILDING FULLY OCCUPIED. 5 CAR GARAGE. TENANT OCCUPIED 48 HOUR NOTICE FOR SHOWINGS.

Listing Details MLS# 21-1005

Location, Tax & Legal

House # (1): 50
Street Direction Pfx: E
Street Name: CHESTNUT
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18705
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: 6000
Est Age Range: 76 - 100 Yrs
Garage Stalls: 4
Garage Type: Detached

Remarks Directions

Directions: NORTH ON N. MAIN ST RIGHT E CHESTNUT ST. PROPERTY ON LEFT.

Status Change Information

Under Contract Date: 2021-03-24
Sold Date: 2021-05-12

Expenses

Annual Gross Income: 54420
Annual Electric Exp: 2000
Annual Gas Exp: 1200
Annual Water Exp: 4500
Annual Sewer Exp: 2870
Annual Garbage Remvl: 318
Annual Real Est Tax: 6008
Annual Fire/Liabilty: 3100
Annual Lawn Maint.: 125
Annual Snow Removal: 400
Annual Other Misc: 1200
Total Annl Expenses: 21721
Anl Net Inc b/4 Debt: 32699

More Information

Appliances

# Ranges: 8
# Refrigerators: 8

Unit 1 Info

Unit #: Yes
Approx SF: 1000
# Rooms: 5
Monthly Rent: 600
# 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

Unit 2 Info

Unit #: 2
Approx SF: 500
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 500
# Rooms: 3
Monthly Rent: 350
# Bedrooms: Yes
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

Unit 4 Info

Unit #: 4
Approx SF: 1000
# Rooms: 4
Monthly Rent: 500
# 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 5 Info

Unit #: 5
Approx SF: 1000
# Rooms: 4
Monthly Rent: 625
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 500
# Rooms: 3
Monthly Rent: 500
# Bedrooms: Yes
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

Unit 7 Info

Unit #: 7
Approx SF: 500
# Rooms: 2
Monthly Rent: 425
# Bedrooms: Yes
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 8 Info

Unit #: 8
Approx SF: 1000
# Rooms: 5
Monthly Rent: 1050
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Aluminum; Brick Roof: Rubber Interior Finish: Drywall; Plaster Water: Public Sewer: Public Basement: Concrete Floor; Full Unfinished

Listing Office: Porchlight Realty

Listing Agent: Daniel Patrick Lavery

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

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