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Sold for $257,500 on 07/15/25
  • $257,500

    74-76 Sylvanus St, Wilkes Barre, PA 18702

    6beds
    2,240sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $257,700 Zestimate®
    $115/sqft
    $1,374 Estimated rent

    What's special

    Currently occupied by excellent, long-term tenants paying market rates. This property requires zero downtime between purchase and income generation. Both units are tenant-occupied with residents handling all utilities, maximizing your monthly returns.The property's strategic location puts your investment in the heart of desirability. Tenants enjoy quick access to major retail centers, diverse dining options, and popular city attractions, ensuring sustained rental demand in this thriving neighborhood.Recent mechanical upgrades and thoughtful improvements throughout the building demonstrate the current owner's commitment to maintaining this property's value. From updated systems to modern amenities, this building is positioned for long-term appreciation with minimal immediate capital requirements.For investors seeking a hands-off income property, this duplex offers:*Two identical 3-bedroom units*Established tenant base with proven payment history*Tenant-paid utilities*Prime location near shopping and entertainment*Updated mechanical systems*Immediate rental income from day oneDon't miss this rare opportunity to acquire a stabilized, income-producing property requiring minimal oversight. Perfect for both seasoned investors and those looking to build their real estate portfolio with a proven performer.

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 09:52am

    Listed by:

    Kelly J. Oltmann,

    ERA One Source Realty,

    Sunita Arora,

    ERA One Source Realty

    Bought with:

    NON MEMBER

    NON MEMBER

    Source: GSBR,MLS#: SC250887MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Steam
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Built-In Gas Oven, Refrigerator, Gas Range, Gas Cooktop, Free-Standing Range, Cooktop
    • Laundry: In Kitchen, Laundry Room
    Features
    • Flooring: Hardwood, Tile
    • Basement: Full,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,240
    • Total interior livable area: 2,240 sqft
    • Finished area above ground: 2,240
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Awning(s)
    • Fencing: Back Yard
    Lot
    • Size: 3,484 sqft
    • Dimensions: 40v95
    • Features: Back Yard, City Lot
    Details
    • Parcel number: 73l10NW1022005000
    • Zoning: R1
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex Side by Side
    • Property subtype: Multi Family
    Materials
    • Roof: Composition
    Condition
    • Fixer,Updated/Remodeled
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Water Connected, Natural Gas Connected, Sewer Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Wilkes Barre

    Other

    Other facts
    • Road surface type: Asphalt
    Services availability
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