220-222 New Mallery Place
Wilkes-barre, PA 18702
Turnkey Two-Unit ready for its next owner! Projected 10.21% self-managed cap rate based on estimated full-market occupancy, with $36,000+ in projected annual gross rental income.The remodeled owner's side offers 3 bedrooms, 1.5 baths and a finished attic with potential for a 4th bedroom. The well-maintained tenant side features 4 bedrooms, 1.5 baths and is currently rented at $1,500/month. Both units feature forced-air gas heat and separate utilities, along with off-street parking and separate backyard areas for each unit. The current setup offers immediate income from the occupied unit while giving the next owner flexibility to occupy the remodeled side or lease it at market rent. Photos of tenant occupied unit taken approx. 9 months ago prior to move in. **Note on Showings- Owner Occupied Unit: 24 Hour Notice- After 5 PM weekdays, weekends flexible.****Check Additional Docs for estimated yearly expenses and pro forma analysis*
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Feature Descriptions
Local Schools
Unit Descriptions
Listed By / Shown By
Listed By
Agency Name: Dream Homes Real Estate LLC
Shown By
Agency Title: Lewith & Freeman
Agency Phone: (570) 288-9371
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Estimated Payment
$ 1,675.54 per month $1,593.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.64 Homeowner's InsuranceChange Payment Information
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220-222 New Mallery Place | MLS# 26-5161
This multi-family property located at 220-222 New Mallery Place, Wilkes Barre, PA 18702 is currently listed for sale with an asking price of $279,900. 220-222 New Mallery Place is located within the Wilkes-Barre school district. Search Wilkes Barre real estate on www.lewith-freeman.com today.