Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
Wilkes Barre, PA 18705,1326-1330-N WASHINGTON ST
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Meghan Pachas

Meghan Pachas

+1(703) 597-9273
Listed by james Reardon • eXp Commercial
$ 1,200,000
Est. payment | /mo

0.29 Acres Lot

Save
$ 1,200,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALU2002706

Year Built 1930

Annual Tax Amount $33,092

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 12636

Property Sub-Type Five Or More Units

Source BRIGHT

Property 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.

Location

State PA

County Luzerne

Area Wilkes Barre City (13773)

Zoning R

Interior

Hot Water Electric

Heating Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Water Access N

Roof Type Architectural Shingle

Accessibility 2+ Access Exits

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wilkes-Barre Area

Others

Tax ID 73-G10SE1-006-12A-000

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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Meghan Pachas
Meghan Pachas

Broker Associate

+1(703) 597-9273

1000 Valley Ave, Winchester, VA, 22601-3797, USA

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1326-1330-N WASHINGTON ST