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1326 N Washington Street

Luzerne, PA 18705
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Bed 15

Bed

Bath 8

Bath

SqFt11,000

Sqft

SqFt12,632

Sqft(Lot)

Want to own a cash-flowing, turnkey 4-building portfolio? Gross income of $129,600 and verified net income of $106,050 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 resid ential 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 68293834

MLS Id : 767199

Beds : 15

Lot Size : 12,632 Sqft

Living Area Size : 11,000

Year Built : 1981

County : Luzerne

Subdivision: Hunting Park

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 8 Full Baths: 7 Half Baths: 1
  • Flooring Information

    Hardwood
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Wall/Window Unit(s)

  • Building Information

    Year Built: 1981 Construction Materials: Brick, Vinyl Siding Stories: 3 Patio And Porch Features: Patio Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Main Square Feet: 12632 Square Feet Lot Size Acres: 0.29 Lot Size Source: Estimated Lot Size Square Feet: 12632

    Property Information

    Subdivision: Not in Development Source Property Type: Residential Income Postal Code Plus 4: 1822 Property SubType: Apartment Property Age: 45

  • Listing Price Information

    Listing Price: $1200000

  • Tax Information

    Parcel Number: 73G10SE100612A000 Annual Tax: $9620

  • Parking Information

    Parking Total: 12 Driveway, Detached, Garage, Off Street, Parking Lot, On Street

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: PA 115 n towards Wilkes Barre. continue to PA-309 n/ N cross valley Expy. Take exit 2 towards Wilkes Barre Keep right signs for plains. Slight right ont N washington st WaterSource: Public Security Features: Fire Escape
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Greater Lehigh Valley REALTORS®

ByOwner last updated this listing 06/17/2026 @ 17:36

MLS: 767199 LISTED BY: Joshua Schoenberger, EXP Realty LLC SOURCE: Greater Lehigh Valley REALTORS

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