Home For Sale In Wilkes Barre, Pennsylvania

house for sale

Listed: 04/03/24

212 Parrish Street, Wilkes-Barre, PA 18702, USA

12 Bed:

1 Bath:

3,688 Sq Ft Living Area:

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Price

$ 145,000

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About This House

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.

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Houses for sale in Wilkes-Barre

Original listing

Rolling Mill Hill Housing & Living

Household Income

Median household income: $32,484

Number of households: 15,514

The average household income in Wilkes-Barre, PA grew from $31,248 to $32,484 in the past year. This data is an estimate based upon 15,514 households in Wilkes-Barre, PA.
The chart below presents how household income is distributed in Wilkes-Barre, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Wilkes-Barre, PA compared to median property taxes around the country. The prevalent amount of property taxes in Wilkes-Barre, PA equals $800-$1,500 , which is less than the national average.