219 S Washington St - Freestanding FOR SALE


Wilkes Barre, PA 18701
$525,000 USD
570-351-5242
219 S Washington St, Wilkes Barre, PA for Sale
$525,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

219 S Washington St
Wilkes Barre, PA 18701


OVERVIEW

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. Owner financing is available with 50% down, with favorable rate and flexible term.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

Commercial

APN/PARCEL ID

73-H9SE3-037-024-000

ASK ABOUT THIS PROPERTY

Alexander SchwartzRE/MAX of Cherry HillMore Info
570-351-5242

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Alexander SchwartzRE/MAX of Cherry HillMore Info
570-351-5242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.