Pending
195-197 Parrish Street
Wilkes - Barre PA, 18702
$145,000
$39.32 per sqft
Pending
12 Beds
1 Bath
3,688 sqft
Multi-family
Built in 1940
Prime BRRR Investment Opportunity: Large Multi-Family Property in Wilkes Barre.This expansive multi-family property presents an exciting opportunity for a BRRR (Buy, Rehab, Rent, Refinance) investment strategy. With the potential to easily convert into four units, this property offers the chance to maximize rental income and value appreciation.Currently in need of a complete gut job, this property is a blank canvas awaiting transformation. With the possibility of creating up to 12BR across the four units, there's ample opportunity to cater to the high demand for rental housing in Wilkes Barre.Additionally, the presence of four gas meters provides flexibility for utility arrangements and individual tenant billing. With careful planning and renovation, this property has the potential to become a lucrative income-generating asset in no time.
SC1760
MLSⓇ ID
April 1, 2024
Listed
August 23, 2024
Updated
Map
195-197 Parrish Street
Wilkes - Barre PA, 18702
Interior Features
Total Stories
3
Bedrooms
12
Total Bathrooms
1
Full Bathrooms
1
Floor Description
Hardwood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Private Yard
Lot Features
Back Yard, Level
Architectual Style
Duplex Side by Side
Roof
Shingle
Sewer
Unknown
School Information
School District
Wilkes-Barre Area
Other Property Details
Taxes
$2,443
Tax Frequency
Annually
Days on Market
58
Garage
No
Parking
Off Street, On Street
View
No
County
Luzerne
Water Source
Public
Pool
No
Zoning
R1
Listing History
Date | Event | Price |
|---|---|---|
6/16/2024 | Pending | — |
6/13/2024 | Active | — |
5/29/2024 | Pending | — |
Listed by Zachary Meckes with Keller Williams Real Estate-Clarks Summit
Listing Contact:
The IDX display contains information sourced from the Greater Scranton Board of REALTORS® as of 8/23/2024. 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.
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Data last updated on 8/23/2024 at 12:58 PM UTC