Dawn Hickernell
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1326-1330 N Washington Street, Wilkes Barre, PA 18705

$1,200,000
  • 1326-1330 N Washington Street, Wilkes Barre, PA 18705 Main Photo

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Contingent
BEDS0 BATHS MLS#PALU2002706
STATUSACTIVE UNDER CONTRACT PROPERTY TYPECommercial - SCHOOLWILKES-BARRE AREA

Property Description

Want to own a cash-flowing, turnkey 4-building portfolio? Gross income of $129,900 and verified net income of $107,870 deliver a strong 9% cap rate across this fully renovated 8-unit mixed-use portfolio in Wilkes-Barre. This isn’t a single structure—it’s a cohesive, income-producing property group offering diversified returns from multiple residential and commercial streams. The Seven residential units have been completely rebuilt with new kitchens, cabinetry, countertops, vanities, flooring, and paint. The garage has been renovated as an additional income source, all siding and roofs replaced, and 30+ new windows installed. Every safety, zoning, and code requirement has been met with full permits and a fresh certificate of occupancy. The commercial exterior was upgraded to match the residential work, creating a unified and professional appearance ideal for long-term tenant retention and community appeal. The financials include professional management and maintenance contracts, so the next owner inherits a seamless operation with dependable tenants and steady demand from new showings. This is a rare opportunity to acquire a stabilized, turnkey portfolio already optimized for consistent performance. With nine total income sources, modernized infrastructure, and immediate cash flow, this collection offers both yield and appreciation potential in one of Pennsylvania’s fast-growing, affordable multifamily markets—an exceptional investment for any serious buyer.

1326-1330 N Washington Street | MLS# PALU2002706

This commercial property located at 1326-1330 N Washington Street, Wilkes Barre, PA 18705 is currently listed for sale with an asking price of $1,200,000. 1326-1330 N Washington Street is located within the WILKES-BARRE AREA school district. Search Wilkes Barre real estate on www.dawnhickernell.com today.

Property Features

Property Type: Commercial -
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.29 Acres
Roof Type: Architectural Shingle
Taxes: $33,092
Year Built: 1930

Feature Descriptions

Accessibility: 2+ Access Exits
Exterior: Block, Aluminum Siding, Advanced Framing
Flooring: Hardwood
Lot Dimensions: 0.29 Acre(S)
Municipality: WILKES BARRE CITY
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 12
Units: 9
Water: Public

Local Schools

School District: WILKES-BARRE AREA

Listed By / Shown By

Listed By

Agency Name: eXp Commercial
Agency Phone: 8883977352

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