1326 N Washington Street #PORTFOLIO 3 BUILDING, Wilkes Barre, PA 18705
Local realty services provided by:ERA One Source Realty
1326 N Washington Street #PORTFOLIO 3 BUILDING,Luzerne, PA 18705
$1,200,000
- 15 Beds
- 8 Baths
- 11,000 sq. ft.
- Multi-family
- Active
Listed by:joshua schoenberger
Office:exp realty llc.
MLS#:767199
Source:PA_LVAR
Price summary
- Price:$1,200,000
- Price per sq. ft.:$109.09
About this home
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.
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Home facts
- Year built:1981
- Listing ID #:767199
- Added:2 day(s) ago
- Updated:November 03, 2025 at 04:42 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:8
- Full bathrooms:7
- Half bathrooms:1
- Living area:11,000 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Window Units
- Heating:Baseboard, Electric, Gas
Structure and exterior
- Year built:1981
- Building area:11,000 sq. ft.
- Lot area:0.29 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$109.09
- Tax amount:$8,100
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