140 West River Street

Wilkes Barre, PA 18702

$699,000
Price
12
Beds
6
Baths
12,600 Sq. Ft.
$55 / Sq. Ft.
12,600
Sq. Ft.
$55
per Sq. Ft.

Description

This well-maintained 6-unit building features stylish 2-bedroom apartments, all updated since 2023. Located just one block from Wilkes University, it's perfect for attracting tenants. The property includes a spacious lot measuring 220x60, offering ample parking for residents. Don't miss out on this prime investment in excellent condition!This well-maintained 6-unit building features stylish 2-bedroom apartments, all updated since 2023. Located just one block from Wilkes University, it's perfect for attracting tenants. The property includes a spacious lot measuring 220x60, offering ample parking for residents. Don't miss out on this prime investment in excellent condition!
  1. Listed by Martin Fotta • Brokerage DRE #RO302576 • Cobblestone Real Estate LLC
    P: (570)-575-5837 martin.fotta7@gmail.com
  2. Listed by Casey Connor • Brokerage DRE #RO302576 • Cobblestone Real Estate LLC
    P: (570)-903-2816 caseyconnor.cobblestone@gmail.com

Property Details for 140 West River Street

Zoning Description
R3
Zoning
Multi-Family
Parking Total
12.0
Waterfront
No
LISTING UPDATED: 12/16/2024 05:18 PM

Property Details for 140 West River Street

StatusActive
MLS #SC6278
Days on Market5
Taxes$5,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1950
Lot Size0.30 AC / 13,068 SF
CountyLuzerne County

Building Information for 140 West River Street

Stories3Residences6Year Built1950Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 140 West River Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Municipality: Wilkes-Barre City
  • Directions: From River Street, turn on West Ross Street towards the river. Turn left on West River. House will be on the left.
  • City: Wilkes-Barre
  • State/Province: PA
  • Postal Code: 18702
  • County: Luzerne
  • Latitude: 41.24317
  • Longitude: -75.895102
Taxes and HOA Information
  • Tax Book Number: 755700
  • Tax Assessed Value: 165400
  • Tax Year: 2024
  • Parcel Number: H9SE4-008-015
  • Tax Annual Amount: $5,900.00
  • Tax Other Annual Assessment Amount: $26,000.00
Parking
  • Garage Spaces: .00
  • Parking Features: No Garage, Off Street
School Information
  • School District: Wilkes-Barre Area
Property
Lot Information
  • Lot Size Dimensions: 220x60
  • Living Area: 12600.0
  • Lot Size Area: 0.3
Property and Assessments
  • Property Information:Basement: Concrete
  • Year Built: 1950
  • Property Sub Type: Multi Family
  • Property Type Label: Residential Income
  • New Construction: No
Utilities
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Property Information:Levels: Three Or More
  • Stories: 3
  • Bathrooms Total (Integer): 6
  • Bedrooms Total: 12
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Appliances: Gas Oven, Refrigerator, Gas Range
Exterior Features
  • Roof: Rubber
  • Foundation Area: 6,300.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses Information
  • Operating Expense: $5,500.00
  • Gross Income: $83,160.00
  • Net Operating Income: $67,260.00
  • Insurance Expense: $4,500.00

Property History for 140 West River Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 140 West River Street

Taxable ValueLand$26,000Additions$139,400Total$165,400
Tax Record2023$4,100 ($342 / month)
Home Facts
Lot Size12,197 SqFtStyleMulti-Family Res (5+ Units)CountyLUZERNEAPN73-H9SE4-008-015

Schools near 140 West River Street

This home is within Wilkes-Barre Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr David W Kistler El School
PublicK to 5

Elmer L Meyers Junior-Senior High School
Public7 to 12

Wilkes-Barre Area SD STEM Academy
Public9 to 12

WILKES-BARRE AREA HS
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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140 West River Street is a multi-family home for sale in Wilkes Barre, PA 18702. This property was listed for sale on December 11, 2024 by Cobblestone Real Estate LLC, it's currently listed at $699,000. It has been on the market for a total of 5 days and was last sold on August 22, 2023. This listing's school district is Wilkes-Barre Area School District. Nearby schools include Dr David W Kistler El School, Elmer L Meyers Junior-Senior High School and Wilkes-Barre Area SD STEM Academy. 140 West River Street is a 12-bed, 6-bath, 12,600 sqft multi-family home built in 1950.

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Listing Courtesy of Cobblestone Real Estate LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.