$755,000

Fantastic investment opportunity in the North End of Wilkes-Barre! This 8-unit apartment building offers a strong 9% cap rate with additional income streams and room for growth. The property includes 4 rented garages and coin-operated laundry, providing consistent extra revenue. Most tenants are on month-to-month leases, allowing flexibility to adjust rents to market value— and easy value - ad

Supplements: opportunity of $15,000+ per year. The landlord pays water, sewer, and heat on 2 units, while other tenants handle their own utilities. A dry basement offers extra storage space for tenants or management use. With a current gross income of $92,400 and net income of $71,400, this well-maintained property provides solid returns today with clear upside potential. Conveniently located near downtown, shopping, and public transportation. Rent Roll: Apt 1 2 bed 1,000 Apt 2 1 bed 800 Apt 3 1 bed 550 Apt 4 2 bed 850 Apt 5 2 bed 1,200 Apt 6 1 bed 750 Apt 7 1 bed 750 Apt 8 3 bed 1,361 Highlights:  8-unit building with 9% cap rate  4 garages rented for extra income $400  Coin-operated laundry $120  Dry basement with storage  Most tenants month-to-month - easy rent increases  Owner pays water, sewer, and limited heat  Projected additional $15K net income at market rents Seller has a second property for sale 10 unit fully renovated at 135 E. Main St Plymouth take a look for a package deal ! Tenant-occupied building  48-hour notice required for all showings.