273 Kelly Street, Luzerne, PA 18709
Local realty services provided by:ERA Brady Associates
273 Kelly Street,Luzerne, PA 18709
$550,000
- 12 Beds
- 7 Baths
- 5,593 sq. ft.
- Multi-family
- Active
Listed by: halle stevens
Office: revolve real estate
MLS#:SC262336
Source:PA_GSBR
Price summary
- Price:$550,000
- Price per sq. ft.:$98.34
About this home
** TWO MULTI FAMILYS ON ONE DEED! TOTAL OF 6 UNITS!** This unique investment opportunity includes two parcels on a double lot -- 273 Kelly Street and Miller Street -- offering exceptional redevelopment potential in a growing area. Formerly a retail/mixed-use property, the building has already been re-zoned for multi-family use, creating endless possibilities for investors, developers, or owner-operators looking to maximize value.The property currently consists of 2 existing units with the potential to add additional residential units, subject to zoning approval, building code compliance, and required parking regulations. One existing retail space is already laid out similarly to a residential apartment and can easily be converted into 2 separate units with minimal work, including framing a dividing wall and adding a small kitchen. An additional retail space on the right-hand side also offers the potential for another residential unit and is ready for a full renovation.A major bonus is the approved concept plan for a future parking lot located on the vacant lot behind 701 Miller Street, which is included in the same parcel ownership. This provides the opportunity to create the required parking needed to support additional residential development.Whether you're looking to expand your rental portfolio, create a multi-family redevelopment project, or capitalize on a value-add opportunity, this property offers flexibility, strong upside potential, and room for growth.Property tax: $3576 a yearSewer Usage: $343 a year ($49 per unit)Sewer Bill: $1820 a year ($65 per unit quarterly)Insurance: $2,588...
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Home facts
- Year built:1950
- Listing ID #:SC262336
- Added:2 day(s) ago
- Updated:May 23, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Basement:Yes
- Basement Description:Concrete
- Living area:5,593 sq. ft.
Structure and exterior
- Year built:1950
- Building area:5,593 sq. ft.
- Lot area:0.61 Acres
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$98.34
- Tax amount:$3,606 (2025)

