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Listed by Alexander Schwartz • RE/MAX Preferred - Cherry Hill
$ 525,000
Est. payment | /mo
10,200 SqFt
$ 525,000
Est. payment | /mo
10,200 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $51
MLS Listing ID PALU2002446
Year Built 1905
Annual Tax Amount $8,500
Tax Year 2025
Lot Size 10,500 Sqft
Acres 0.24
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
For sale is a lucrative turn-key 3 unit mixed use property, including a newly renovated 3-story mixed used building with a 1400 sq ft commercial space on the first floor and 2 identical four bed, two bath unit on the other 2 floors. The property underwent a 400k renovation a few years ago boasting high end finished. The first floor commercial space is very versatile which could be converted to another unit or a storefront for a business. The units on the 2nd and 3rd floor are perfect for student housing being a couple blocks away from Wilkes University and Kings College to rent out rooms. This property has the potential to bring in over 6K per month. It will be a cash cow for an investor that wants a turn-key, low headache property to add to their portfolio.
Location
State PA
County Luzerne
Area Wilkes Barre City (13773)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wilkes-Barre Area
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Rhonda Campbell
REALTOR® | Lic# 0225203339