1312 N Washington St, Wilkes Barre, PA 18705
- $329,900
- 7
- BD
- 3
- BA
- 3,428
- SqFt
- List Price
- $329,900
- Price Change
- ▼ $10,100 1781417108
- MLS#
- 773231
- Status
- ACTIVE
- City
- Wilkes Barre
- Area
- 564 - Wilkes-Barre City
- County
- Luzerne
- Neighborhood
- Not In Development
- Bedrooms
- 7
- Bathrooms
- 3
- Living Area
- 3,428
- Lot Size
- 9,583
- Year Built
- 1932
Property Description
Strong income-producing 3-unit investment opportunity in Wilkes-Barre’s Miners Mills section, generating approximately $43,200 in net income annually!! This fully occupied multi-unit property offers immediate cash flow with established tenants already in place. The building features separate utilities for each unit, helping keep operating expenses lower and simplifying management for investors. Several units have been updated, including improvements to kitchens, flooring, and bathrooms, creating attractive living spaces that support strong tenant retention and consistent occupancy. The property also offers spacious unit layouts, on-street parking, and additional storage areas, adding to tenant appeal. Conveniently located near shopping, restaurants, major roadways, and local employers, the property benefits from a location that supports continued rental demand. With updates completed and stable tenants in place, this is an excellent turnkey investment opportunity for investors seeking strong cash flow and long-term appreciation. Tenants pay all utilities excluding garbage and sewer. Annual net income at $43,200. Taxes averaging $4,000+ per year per owner. ***$20,000 seller credit to any full price offer***
Additional Information
- Acres
- 0.22
- Cooling
- None
- Living Area
- 3,428
- Lot Size
- 9,583
- Region
- 564 - Wilkes-Barre City
- School District
- Wilkes-Barre
- Sewer
- Public Sewer
- Stories
- 3
- Taxes
- $1,549
- Zoning
- Resi
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