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118-120 S Sherman Street Wilkes-Barre, PA $ 899,000
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$ 899,000 Get more info
118-120 S Sherman Street
$ 899,000
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Share Save

118-120 S Sherman Street

Wilkes-Barre, PA, 18702
$ 899,000
Baths0.0 Sq 8,000

Monthly Estimate*

$ 5,975

118-120 S Sherman Street, Wilkes-Barre, PA 18702 - Image 1
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Studio Multi-Family Home for sale in Wilkes-Barre, PA for $899,000. This 8,000 square foot home was built in 1950 on a lot size of 0.17.

Nice investment opportunity in Wilkes Barre! This is a whole portfolio that includes 5 double units with a total of 10 units and all separate utilities.,

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,000

Style

Multi Family

Lot Size

0.17

Year Built

1950

Town/City

Wilkes-Barre

County/Region

LUZERNE

MLS | Web ID

235207
Features
General
Sewer Public Sewer
Heating Electric See Remarks Other Natural Gas
Cooling None
Utilities Cable Available
Possession Negotiable
Roof Composition Wood
Zoning mf
Garage Spaces 0
Construction Materials Aluminum Siding
Year Built 1950
Electric Circuit Breakers
Tenant Pays Cable TV Gas Electricity
Stories 2
Levels One and One Half
Property SubType Multi Family
Tax Year 2023
Current Use Multi-Family Unimproved Residential
Gross Income 105522
Building Name N/A
County Luzerne
Net Operating Income 70522
Insurance Expense 5760
Property Type Commercial Sale
Building Features Public Restrooms Turnkey Operations See Remarks
Status Active
Directions From Wilkes Barre: Wilkes-Barre Blvd. Continue onto N. Washington St. The home is on the left.
City Wilkes-Barre
Buyer Agent Compensation 2.00
High School District Wilkes-Barre Area
Zoning Description Multi-Family
NumberOfUnitsTotal 10
Street Name Sherman
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 25000
Current Financing Other
Additional Parcels Y/N N
Concessions No
Days on Market 174
Standard Status Active
Tax Assessed Value 26500
Taxes 24000
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Other Ceramic Tile
Basement (Y/N) N
Street Suffix Street
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Exterior
Parking Features None On Street
Lot Features Level See Remarks Other
Water Source Other See Remarks Public
Total Parking 0
Number of Buildings 5
Building Area Total 8000
Lot Dimensions 50x155
Lot Size Acres 0.17
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded Features
List By
Era One Source Realty

Broker

sunitaarora11@gmail.com

Email

Affordability Calculator

$8,058
Per Month
74%
26%
0%
Monthly Principal & Interest
$5,975
Monthly Property Taxes
$2,083
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2391696 Elementary School
2391759 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$899,000 Listed Price

Map

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118-120 S Sherman Street, Wilkes-Barre, PA, 18702 is a Multi-Family Home for sale at $899,000 with 8,000 sqft and a lot size of 0.17. 118-120 S Sherman Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 18702 which is in Wilkes-Barre, PA

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