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Listed price in listed location currency (USD).
$1,200,000

15812

MLS® 767199

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 11000 sqft
Garage Yes
Maintenance Fees $2,000
Taxes $8,100
Days Active 47
Approx. Age 1981
Avg. Price Per Sqft $109
MLS® Number 767199

Property Address: portfolio-3-building-1326 N Washington Street, Luzerne, PA, 18705

Average square foot calculated using Size range provided by listing agent.

Description

Want to own a cash-flowing, turnkey 4-building portfolio? Gross income of $129, 900 and verified net income of $107, 870 deliver a strong 9% cap rate across this fully renovated 8-unit mixed-use portfolio in Wilkes-Barre. This isn’t a single structure—it’s a cohesive, income-producing property group offering diversified returns from multiple residential and commercial streams. The Seven residential units have been completely rebuilt with new kitchens, cabinetry, countertops, vanities, flooring, and paint. The garage has been renovated as an additional income source, all siding and roofs replaced, and 30+ new windows installed. Every safety, zoning, and code requirement has been met with full permits and a fresh certificate of occupancy. The commercial exterior was upgraded to match the residential work, creating a unified and professional appearance ideal for long-term tenant retention and community appeal. The financials include professional management and maintenance contracts, so the next owner inherits a seamless operation with dependable tenants and steady demand from new showings. This is a rare opportunity to acquire a stabilized, turnkey portfolio already optimized for consistent performance. With nine total income sources, modernized infrastructure, and immediate cash flow, this collection offers both yield and appreciation potential in one of Pennsylvania’s fast-growing, affordable multifamily markets—an exceptional investment for any serious buyer.
MLS® Number767199
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1981
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 31, 2025List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1326 N Washington Street, Luzerne, PA

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