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31083010

42 South Hancock Street, Wilkes-Barre, PA 18702 For Sale

SA
PA RM061605A
ERA One Source Realty
Listed by ERA One Source Realty
$1,200,000
124 days on market
Updated 78 days ago

8 Unit Townhouse Portfolio

Details
Property Type Multifamily
Sub Type Townhouse
Square Footage 9,600
Units 8
Cap Rate 8.82%
NOI $105,785
Price per SqFt $125
Broker Co-Op Yes
Class B
Ownership Fee Simple

8 Unit Townhouse Investment

Marketing description

This offering consists of eight townhouse-style rental units located in the Wilkes-Barre, Pennsylvania market within Luzerne County. The property is situated in an established residential neighborhood with convenient access to major local employers, retail corridors, and regional transportation routes. The asset includes two buildings comprising eight total units, each designed with a townhouse-style layout that provides tenants with additional space and privacy compared to traditional apartment configurations.

All units are individually metered with separate utilities, significantly reducing landlord expense exposure while supporting strong operating efficiency. The property benefits from stable in-place tenancy and consistent rental demand, making it an attractive opportunity for investors seeking reliable cash flow in a supply-constrained rental market.

With eight income-producing units in a compact, easy-to-manage footprint, the asset provides investors with immediate income and long-term upside potential through rental growth and continued demand for quality housing in the Wilkes-Barre area.

Listing Contacts

SA
PA RM061605A
ERA One Source Realty
Listed by ERA One Source Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,785.00
$8,815.42/mo

Valuation Metrics

0
DSCR
8.82%
Cap Rate
8.82%
ROI

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Additional Information

Name
Sunita Arora
License
RM061605A
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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