54 Riverside Drive, Wilkes-Barre, PA 18702 (MLS# 18-2030)

54 Riverside Drive, Wilkes-Barre, PA 18702

$324,900

Property Type: Residential Income Square Footage: 5,400 Status: Closed

Current Price: $324,900 List Date: 5/03/2018 Last Modified: 7/25/2026

Overview

Description

The pictures don't do this masterpiece justice. This 4 unit rental is the highlight of one of the premier streets walking distance to 2 colleges, a variety of local restaurants & shopping, several parks & the Susq River. Each unit has new central A/C, modern kitchens, unique wood trim and so much more. A must see building for the high-end investor.

Listing Details MLS# 18-2030

Location, Tax & Legal

House # (1): 54
Street Name: Riverside
Street Suffix: Drive
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: 5400
Year Built: 1930
Est Age Range: 76 - 100 Yrs
# Spaces off-Street: 6
Parking: Off-Street

Remarks Directions

Directions: From River St., turn right onto South St. Make right onto Riverside Dr., property on left.

Status Change Information

Under Contract Date: 2018-07-25
Sold Date: 2018-09-14

Expenses

Annual Gross Income: 45300
Annual Electric Exp: 550
Annual Water Exp: 2161
Annual Sewer Exp: 880
Annual Real Est Tax: 8442.42
Annual Lawn Maint.: 360
Annual Snow Removal: 100
Total Annl Expenses: 11943.42
Anl Net Inc b/4 Debt: 33356.58

More Information

Unit 1 Info

Unit #: Yes
Approx SF: 2800
# Rooms: 7
Monthly Rent: 1250
# Bedrooms: 3
Kitchen Style: Modern
# Baths: 25
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Unit 2 Info

Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 700
# Rooms: 3
Monthly Rent: 750
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Unit 4 Info

Unit #: 4
Approx SF: 1800
# Rooms: 6
Monthly Rent: 1000
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: N

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Heat Pump AC Type: Central Condition: Excellent Exterior: Brick Roof: Built-Up; Other - See Remarks Interior Finish: Plaster Water: Public Sewer: Public Basement: Concrete Floor MF Amenities: Fire Escape; Other - See Remarks

Listing Office: Keller Williams Real Estate, Kingston

Listing Agent: Pete Tarutis

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing