323 Vaughn Street, Luzerne, PA 18709 (MLS# 26-1675)

$229,500

323 Vaughn Street, Luzerne, PA 18709

2,480 sqft

Description

Investor alert! Located in a highly desirable Luzerne neighborhood, this oversized 2-Unit Multifamily delivers serious cash flow with a projected 12.65% Cap Rate once the vacant Unit is leased at its previous rate. Each side offers a spacious 3-bedroom, 1-bathroom layout with strong rental demand. One Unit was just fully renovated with a brand-new stove, dishwasher and modern finishes, while the

Supplements: second Unit was previously renovated and provides immediate income with upside potential. Tenants will love the open floor plans, large bedrooms, washer/dryer hookups, ceiling fans, front porches, plus a large yard and off-street parking, features that keep Units filled! Separate utilities across the board and electric heat mean low overhead and no furnace maintenance, keeping your expenses tight and your returns strong. Whether you're scaling your portfolio or locking in a high-yield first investment, this is a true money-maker. Opportunities like this don't sit, schedule your showing before it's gone!

More Information

Property Sub Type: Multi Family
Building Area Total: 2480
Est Age Range: 76 - 100 Yrs
Parking: Off-Street
Current Price: $229,500
List Price: $229,500
Listing Contract Date: 2026-04-17
Street Number: 323
Street Name: Vaughn
Street Suffix: Street
State: PA
Postal Code: 18709
County: Luzerne
MLS Area Major: Kingston-Forty Fort-Swoyersville
SchoolDistrict: Wyoming Valley West
Township: Luzerne Boro
Subdivision Name: None
Directions: From Union St, turn right on Buckingham St, then turn right on Vaughn St. The property will be on the right side.
Status: Active
Annual Gross Income: 32700
Annual Sewer Exp: 400
Annual Real Est Tax: 2356.34
Total Annl Expenses: 3656.34
Unit #: 325
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Heat in Rent: N
Hot Water in Rent: N
Unit #: 323

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric AC Type: None Condition: Good Exterior: Vinyl; Wood

Property Info

ID: MLS# 26-1675
Type: Residential Income
Status: Active
Current Price: $229,500
List Date: 4/17/2026
Listing Office: Christian Saunders Real Estate

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