REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Dec

Fri

Dec

Sat

Dec

Tommy Winston

tjwinstonrealty@gmail.com +1(301) 213-8228

Listed by james J Reardon • eXp Commercial

$ 1,200,000

Est. payment -/mo

Save

Active

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

0.29 Acres Lot

UPDATED:

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

Tommy Winston

Broker Associate | License ID: 641846

+1(301) 213-8228

GET MORE INFORMATION

Name

Email*

Phone*

Message

I agree to be contacted by EXIT Landmark Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Terms of Service and Privacy Policy.

Tommy Winston

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

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

1326-1330-N WASHINGTON ST