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Wilkes-Barre, PA 18702

$249,000
M54-1 M54-2 M54-3 M54-4 M54-5 M54-6 M54-7 M54-8 M54-9 M54-10 M54-11 M54-12 M54-13 M54-14 M54-15
Property Type: Residential Income Square Footage: 3,000 Status: Closed
Current Price: $249,000 List Date: 10/24/2025 Last Modified: 3/29/2026

Overview

Description

Incredible Investment Opportunity in South Wilkes-Barre! Don't miss this revenue-generating double block home just off Carey Avenue! Each side features three spacious bedrooms, offering great income potential with both units currently rented—providing immediate cash flow for savvy investors. Conveniently located just minutes from shopping, restaurants, schools, and major roadways, this

Supplements: property is perfectly positioned for long-term growth and steady rental demand. Turnkey investment fully rented and ready to go. Instant income, prime location - this one won't last!

Listing Details MLS# 25-5386

Location, Tax & Legal

State
PA
Postal Code
18702
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
House # (2)
27
Zoning
Residential
PIN #
I9NW2003016-73 & I9NW2003015-73
DB/Record Book
3018 & 3018
Page
11331 & 11323
Total County Assmnt
76700
Est County Tax
373
Est Total Tax
1901

Listing Information

Listing Contract Date
2025-10-23
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
3000
Year Built
1940
Est Age Range
51 - 75 Yrs
Realtor.COM Type
Multi-Family

Remarks Directions

Directions
Carey Ave. to Oak Street. Home on right

Status Change Information

Purchase Contract Date
2025-11-06
Close Date
2025-12-17

Expenses

Annual Gross Income
23580
Annual Sewer Exp
277.6
Annual Real Est Tax
1901
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Fire/Liabilty
1893
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

Unit 1 Info

Unit #
27
# Rooms
6
# Bedrooms
3
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Approx SF
1450
Monthly Rent
1100
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
25
Approx SF
1400
# Rooms
6
Monthly Rent
865
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Remarks & Directions

Include
Stove, refrigerator
Exclude
Owner and tenant personal property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Concrete Floor
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Very Good
Listing Office: Jonathan J. Nelson Real Estate
Listing Agent: David Joyce
Last Updated: March - 29 - 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.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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