73 Welles St S - Apartments FOR SALE


Wilkes-Barre, PA 18702
$550,000 USD
610-217-6330
73 Welles St S, Wilkes-Barre, PA for Sale
$550,000 USD
Apartments - FOR SALE
1/34
null | 10.8% Cap Rate

73 Welles St S
Wilkes-Barre, PA 18702


OVERVIEW

Great opportunity to own a 6-unit multifamily property with an additional parking lot for added value and tenant convenience. Currently 5 of 6 units are occupied, offering immediate income with upside through lease-up. Tenants pay all utilities, except Unit 3 where landlord covers water and sewer. A strong value-add investment with room to increase cash flow in a solid rental market.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

6

PRICE/UNIT

$91,667

CAP RATE

10.8%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,966 SF

ZONING

Multi-family

APN/PARCEL ID

73-H10SW4-014-016-000

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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