1326 Washington StWilkes-Barre, PA 18705

For Sale
$429,000

Six-unit apartment building, great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity in Wilkes-Barre, Pennsylvania, awaits. This multifamily property, located at 1326-1328 N Washington St, 18705, comprises three buildings on a 0.17-acre lot, offering a total of 4,000 square feet. The property includes six apartment units, a commercial garage space, and a separate three-bedroom, two-bathroom single-family home, all situated on a single parcel. Built in 1950, the two-story structures are zoned for multi-family use. Each unit commands a price of $71,500, with an overall asking price of $429,000, translating to a price per square foot of $107.25. Tenants are responsible for their own gas and electric utilities. Serious inquiries only; proof of funds or a pre-approval letter is required for showings. A 24-hour notice is necessary for all showings, along with the release of financial and lease information. This property presents a strong potential for substantial returns. The convenient location in Wilkes-Barre, Pennsylvania, adds to its appeal. This is a turnkey investment ready for a new owner.

Highlights

  • $429,000 asking price for a six-unit apartment building.
  • Multifamily property with 4,000 square feet, priced at $107.25 per square foot.
  • Six units totaling $71,500 per unit.
  • Built in 1950, featuring three buildings and two stories.
  • Located on a 0.17-acre lot in Wilkes-Barre, Pennsylvania, zoned for multifamily use.

Property Details for 1326 Washington St

Property type
Multifamily properties, Apartment buildings
Square Feet
4,000 SF
Year Built
1950
Buildings
3
Stories
2
Lot Size (sq. ft)
7,405 SF
Units
6

Location Insight

City
Wilkes-Barre
County
Luzerne
State
Pennsylvania
Latitude
41.2673629
Longitude
-75.8448204
1326 Washington St, Wilkes-Barre, Pennsylvania

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1326 Washington St
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