123 Lehigh StWilkes-Barre, PA 18702

For Sale
$209,000

Three-unit mixed-use property, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a three-unit mixed-use building located at 123-125 Lehigh Street in Wilkes-Barre, Pennsylvania, 18702. The property boasts a total of 2,769 square feet situated on a 3,198 square foot lot, zoned R1. The building is a two-story structure currently configured as a single-family rental portfolio. The asking price is $209,000, translating to a price per square foot of $75.48. This represents a compelling entry point for investors seeking a hands-on project with significant upside potential. The property is being sold "AS IS," allowing for creative renovation and repositioning strategies. Given its location in Wilkes-Barre and the existing multi-unit configuration, this property offers a unique chance to capitalize on the growing demand for rental housing or explore alternative mixed-use development options. The property's size and zoning provide flexibility for a variety of uses, making it an attractive proposition for both seasoned investors and those new to the market. Serious inquiries are encouraged to explore the full potential of this promising investment.

Property Details for 123 Lehigh St

Property type
Multifamily properties, Other mixed-use properties
Square Feet
2,769 SF
Stories
2
Units
3

Location Insight

City
Wilkes-Barre
County
Luzerne
State
Pennsylvania
Latitude
41.235722550427
Longitude
-75.886913768815
123 Lehigh St, Wilkes-Barre, Pennsylvania

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123 Lehigh St
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