Listed by Lewith & Freeman Real Estate
$4,500,000
611 N. Main St Wilkes-Barre
Details
APN 73-H10NW2030005000,73H10NW203005A000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 30,000
Units 31
Cap Rate 7.22%
NOI $325,000
Occupancy 100%
Price per SqFt $150
Class B
Year Renovated 2016
Stories 3
Acreage 0.650
Zoning commercial
Parking Spaces 35 spaces
Parking per 1,000 SqFt 1.17
Investment Type Stabilized
31 Unit Multifamily Property
Marketing description
31 Unit apartments building consisting of 20-2 Unit bedrooms and 11-1 bedroom units. Each unit has an open layout with a modern kitchen/appliances. Tenants pay for their heating, cooling, and electricity and owner pays water and sewer. There is an additional two car garage and parking lot in the rear of the property. Great low maintenance building with parking and a high cash flow.
Listing Contacts
Listed by Lewith & Freeman Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$325,000.00
$27,083.33/mo
Valuation Metrics
0
DSCR
7.22%
Cap Rate
7.22%
ROI
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