57 W River Street, Wilkes-Barre, PA 18702

$425,000
Property Type: Residential Income Square Footage: 3,800 Status: Closed
Current Price: $425,000 List Date: 7/07/2025 Last Modified: 9/22/2025

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 ...

Listing Details MLS# 25-3301

Location, Tax & Legal

Street Number
57
Street Direction Prefix
W
Street Name
River
Street Suffix
Street
State
PA
Postal Code
18702
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
Zoning
Apartment Residential
PIN #
73-H9SE1-007-007-000
DB/Record Book
3003
Page
77255
Total County Assmnt
210000
Est County Tax
1334.36
Est Total Tax
5336.68

Listing Information

Listing Contract Date
2025-07-07
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
3800
Year Built
101
Est Age Range
51 - 75 Yrs
Realtor.COM Type
Multi-Family

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

Purchase Contract Date
2025-07-15
Close 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
Annual Othr Fuel Exp
0
Annual Garbage Remvl
0
Annual Fire/Liabilty
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Anl Net Inc b/4 Debt
31584

More Information

Appliances

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

Unit 1 Info

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

Remarks & Directions

Include
3 refrigerators, 3 stoves, 2 washer, 2 dryer
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Plaster
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

Central
Yes
Window Units
Yes

Water

Public
Yes

Exterior

Brick
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Central; Window Units Condition: Very Good Exterior: Brick Hot Water Heater: Gas Basement: Full Unfinished
Listing Office: eXp Realty- Scranton/Wilkes-Barre
Listing Agent: Jason Giomboni
Last Updated: September - 22 - 2025
Information deemed reliable but not guaranteed.
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