323 Vaughn Street, Luzerne, PA 18709 (MLS# 26-1675)
+32 more
$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