53 Park Avenue, Wilkes-Barre, PA 18702

$300,000
Property Type: Residential Income Square Footage: 5,392 Status: Closed
Current Price: $300,000 List Date: 4/25/2025 Last Modified: 7/11/2025

Overview

Description

Fantastic investment opportunity! This unique 3-unit property comes with a spacious 7-car garage, perfect for extra rental income or personal use. One of the units offers the potential to be converted into three, creating even more possibilities. Whether you're an investor or looking for a flexible living arrangement, this property is a must-see!'' Don't miss out on this incredible opportunity!

Listing Details MLS# 25-655

Location, Tax & Legal

Street Number
53
Street Name
Park
Street Suffix
Avenue
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
Zoning
Multi-Family
PIN #
73-H9SE3-025-028
DB/Record Book
3022
Page
110418
Total County Assmnt
160300
Est County Tax
1018.56
Est Total Tax
5187.56

Listing Information

Listing Contract Date
2025-02-10
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
5392
Est Age Range
76 - 100 Yrs
# Spaces off-Street
10
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
7
Garage Type
Detached

Remarks Directions

Directions
From S Wilkes barre Blvd Take a left onto E Northampton St. Then a right onto Park Avenue. Property will be on the Right-hand side.

Status Change Information

Purchase Contract Date
2025-05-01
Close Date
2025-06-10

Expenses

Annual Gross Income
40800
Annual Electric Exp
1800
Annual Gas Exp
5400
Annual Water Exp
3000
Annual Othr Fuel Exp
0
Annual Sewer Exp
0
Annual Real Est Tax
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Total Annl Expenses
0
Anl Net Inc b/4 Debt
0

More Information

Appliances

# Ranges
2
# Refrigerators
2

Unit 1 Info

Unit #
Yes
# Rooms
3
# Baths
2
Heat in Rent
Y
Hot Water in Rent
Y
Approx SF
1809
Monthly Rent
0
Kitchen Style
Ordinary
Lease
N
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
1567
# Rooms
8
Monthly Rent
2000
# Bedrooms
5
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
Y
Hot Water in Rent
Y
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
N

Unit 3 Info

Unit #
3
Approx SF
1445
# Rooms
5
Monthly Rent
1400
# Bedrooms
3
Kitchen Style
Semi-Modern
# 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

Remarks & Directions

Include
Stoves, Refrigerators.
Exclude
All Personal Property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Forced Air
Yes
Radiant
Yes

Condition

Good
Yes

AC Type

Window Units
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Asbestos Shingles
Yes

Basement

Concrete Floor
Yes
Partially Finished
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Radiant AC Type: Window Units Condition: Good Exterior: Vinyl Basement: Partially Finished
Listing Office: Keller Williams Real Estate, Kingston
Listing Agent: The Peguero & Placencio Team
Last Updated: July - 11 - 2025
Information deemed reliable but not guaranteed.
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