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0 Baths
2,800 sqft

$279,900

220-222 New Mallery Place, Wilkes-Barre, Wilkes - Barre PA, 18702

Price per sqft$99.96
Property size2,800 sqft
Property typeMulti-family

Overview

Active

Listed Oct 6, 2026

Updated 47h ago

Turnkey Two-Unit ready for its next owner! Projected 10.21% self-managed cap rate based on estimated full-market occupancy, with $36,000+ in projected annual gross rental income. The remodeled owner's side offers 3 bedrooms, 1.5 baths and a finished attic with potential for a 4th bedroom. The well-maintained tenant side features 4 bedrooms, 1.5 baths and is currently rented at $1,500/month. Both units feature forced-air gas heat and separate utilities, along with off-street parking and separate backyard areas for each unit. The current setup offers immediate income from the occupied unit while giving the next owner flexibility to occupy the remodeled side or lease it at market rent. Photos of tenant occupied unit taken approx. 9 months ago prior to move in. **Note on Showings- Owner Occupied Unit: 24 Hour Notice- After 5 PM weekdays, weekends flexible.** **Check Additional Docs for estimated yearly expenses and pro forma analysis*

$1,862/mo

Est. mortgage payment based on a $279,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3,299
Tax Frequency
Annually
MLS provider logo

Listed by John Clawson with Dream Homes Real Estate LLC
Listing Contact: [email protected] 

The IDX display contains information sourced from the Luzerne County Association of REALTORS® as of 10/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Luzerne County Association of REALTORS® all rights reserved.

Data last updated on 10/8/2026 at 4:34 AM UTC

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