273-275 New Hancock Street, Wilkes-Barre, PA 18702 (MLS# 26-1149)
+17 more
$500,000
273-275 New Hancock Street, Wilkes-Barre, PA 18702
5,194
sqft
Description
Fully remodeled 5-unit apartment building--designed for investors seeking immediate returns and long-term stability. This turn-key asset has been completely upgraded, featuring modern interiors, updated systems, and strong tenant appeal. With renovations already done, it offers reliable cash flow from day one and minimizes future capital expenses. A great addition to any portfolio!
More Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5194
Est Age Range: 76 - 100 Yrs
Lot Size: 50x140
Garage Type: None
Parking: Off-Street
Current Price: $500,000
List Price: $500,000
List Date: 2026-03-20
Limited Service: No
House # (1): 273-275
Street Name: New Hancock Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Directions: Scott St to Chapel St. turn right onto New Hancock St. Property on the left
Status: Active
Annual Gross Income: 63273
Annual Sewer Exp: 880
Annual Garbage Remvl: 350
Annual Real Est Tax: 2676.38
Annual Fire/Liabilty: 4215
Total Annl Expenses: 8121.38
Anl Net Inc b/4 Debt: 54529.73
Unit #: 1
Approx SF: 1720
# Rooms: 6
Monthly Rent: 1484
# Bedrooms: 3
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit #: 2
Approx SF: 860
# Rooms: 4
Monthly Rent: 1114
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit #: 3
Approx SF: 860
# Rooms: 4
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit #: 4
Approx SF: 685
# Rooms: 3
Monthly Rent: 1025
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit #: 5
Approx SF: 685
# Rooms: 3
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Hot Water Baseboard
AC Type: None
Condition: Very Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric; Gas
Basement: Full Unfinished
