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57 W River Street, Wilkes-Barre, PA 18702

$425,000
360A1041 (5)

Virtual Tour

https://youtu.be/kZEeFIIhMeg?feature=shared
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Property Type: Residential Income Square Footage: 3,800 Status: Closed
Current Price: $425,000 List Date: 7/07/2025 Last Modified: 7/25/2026

Overview

Description

HIGHEST & BEST TODAY 7/14 BY 6 PM. This striking brick 3-unit property with a distinctive turret is ideally situated in a vibrant downtown neighborhood close to local colleges, shops, and restaurants. Perfect for owner-occupants or investors, the building offers charm, functionality, and income potential. First-floor unit was owner-occupied and features an updated kitchen with stainless steel

Supplements: appliances, hardwood floors, tile and central air conditioning. Second and third floors are rental units with strong income potential. Convenient off-street parking. Located in a historic district full of architectural character. Walkable to multiple college campuses and downtown amenities. This property combines historic charm with modern upgrades ... (Read more) appliances, hardwood floors, tile and central air conditioning. Second and third floors are rental units with strong income potential. Convenient off-street parking. Located in a historic district full of architectural character. Walkable to multiple college campuses and downtown amenities. This property combines historic charm with modern upgrades and a prime location ideal for anyone seeking a smart live-in investment or turnkey rental opportunity. HIGHEST & BEST DUE TODAY 7/14 BY 6 PM.

Listing Details MLS# 25-3301

Location, Tax & Legal

House # (1)
57
Street Direction Pfx
W
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
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
3800
Year Built
101
Est Age Range
51 - 75 Yrs

Remarks Directions

Directions
Heading S on S Pennsylvania Ave. turn right onto E Ross St. Turn right onto W River St. Home is on your right.

Status Change Information

Under Contract Date
2025-07-15
Sold Date
2025-08-22

Expenses

Annual Gross Income
45000
Annual Electric Exp
1920
Annual Gas Exp
2220
Annual Water Exp
1608
Annual Sewer Exp
1020
Annual Real Est Tax
5339
Annual Flood Ins
1032
Annual Other Misc
277
Total Annl Expenses
13416
Anl Net Inc b/4 Debt
31584

More Information

Appliances

# Ranges
3
# Refrigerators
3
# Washer
2
# Dryers
2

Unit 1 Info

Unit #
Yes
Approx SF
1200
# Rooms
6
Monthly Rent
1250
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
1000
# Rooms
5
Monthly Rent
1250
# 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
N
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
900
# Rooms
5
Monthly Rent
1250
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Central; Window Units Condition: Very Good Exterior: Brick Roof: Comp Shingle Interior Finish: Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished
Listing Office: eXp Realty- Scranton/Wilkes-Barre
Listing Agent: Jason Giomboni
Last Updated: July - 25 - 2026
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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