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55-57 Terrace Street, Wilkes-Barre, PA 18702

$260,000
20230707_154049 20230707_153859 20230707_153922 57 Side 57 Side 57 Side 57 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side 55 Side
Property Type: Residential Income Square Footage: 3,500 Status: Closed
Current Price: $260,000 List Date: 6/29/2023 Last Modified: 12/29/2025

Overview

Description

Huge well kept side with 4+ bedrooms on each side. All separate utilities and separate full unfinished basement. Conveniently located close to Kings and Wilkes University, easy access to shopping, school. Property being 'SOLD AS IS'' inspection is for buyer knowledge only. All measurements and taxes are approximate and not warranted, buyer agent to verify. Cash or conventional only.

Listing Details MLS# 23-2944

Location, Tax & Legal

House # (1)
55-57
Street Name
Terrace
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
Zoning
Multi-Family
PIN #
73-H9SE1 -005-018-000
DB/Record Book
3022
Page
160164
Total County Assmnt
106000
Est County Tax
672.49
Est Total Tax
3627.91

Property Information

Property Sub Type
Duplex
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
Aprx Total SF
3500
Est Age Range
76 - 100 Yrs

Remarks Directions

Directions
Academy St. to a right on Stanley St. then a right onto Terrace. Building on the right

Status Change Information

Under Contract Date
2023-08-18
Sold Date
2023-10-25

Expenses

Annual Gross Income
33600
Annual Sewer Exp
650
Annual Real Est Tax
3627.91
Annual Fire/Liabilty
2000
Total Annl Expenses
6277.91
Anl Net Inc b/4 Debt
27322.09
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
57
Approx SF
1750
# Rooms
6
Monthly Rent
1400
# Bedrooms
4
Kitchen Style
Ordinary
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 2 Info

Unit #
55
Approx SF
1750
# Rooms
7
Monthly Rent
1400
# Bedrooms
6
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Remarks & Directions

Include
Appliances on both side
Exclude
Tenant personal property
Hot Sheet Comment
new

Showing Instructions

Contact Showing Service - See Remarks
Yes
Other - See Remarks
Yes

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks; Other - See Remarks Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor; Full Unfinished
Listing Office: eXp Realty Philadelphia
Listing Agent: Phu Bui
Last Updated: December - 29 - 2025
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.


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Shavertown, PA 18708

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Blakeslee, PA 18610

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