1326-1330 Washington Street Wilkes Barre, PA $ 1,200,000
1326-1330 Washington Street
$ 1,200,000
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1326-1330 Washington Street

Wilkes Barre, PA, 18705
$ 1,200,000
Bedrooms-- Baths-- Sq 11,000

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Wilkes Barre, PA

for $1,200,000. This 11,000 square foot building was built in 1930 on a lot size of 0.29.

Want to own a cash-flowing, turnkey 4-building portfolio? Gross income of $129,900 and verified net income of $107,870 deliver a strong 9% cap rate across this fully renovated 8-unit mixed-use portfolio in Wilkes-Barre. This isnt a single structureits a cohesive, income-producing property group offering diversified returns from multiple residential and commercial streams. The Seven residential units have been completely rebuilt with new kitchens, cabinetry, countertops, vanities, flooring, and paint. The garage has been renovated as an additional income source, all siding and roofs replaced, and 30+ new windows installed. Every safety, zoning, and code requirement has been met with full permits and a fresh certificate of occupancy. The commercial exterior was upgraded to match the residential work, creating a unified and professional appearance ideal for long-term tenant retention and community appeal. The financials include professional management and maintenance contracts, so the next owner inherits a seamless operation with dependable tenants and steady demand from new showings. This is a rare opportunity to acquire a stabilized, turnkey portfolio already optimized for consistent performance. With nine total income sources, modernized infrastructure, and immediate cash flow, this collection offers both yield and appreciation potential in one of Pennsylvanias fast-growing, affordable multifamily marketsan exceptional investment for any serious buyer.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 33,092

Style

Apartment Building,Auto Related

Lot Size

0.29

Year Built

1930

Town/City

Wilkes Barre

County/Region

Luzerne

MLS | Web ID

PALU2002706

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 8
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General
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession Immediate Settlement
Roof Architectural Shingle
Zoning R
Construction Materials Block Aluminum Siding Advanced Framing
Year Built 1930
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality WILKES BARRE CITY
Gross Income 129000.00
Business Type Apartment Building Auto Related
Accessibility 2+ Access Exits
County LUZERNE
Net Operating Income 107870.00
Operating Expense 22030.00
Insurance Expense 6000.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 2000.00
Water Access Y/N N
Status ACTIVE
Directions PA 115 n towards Wilkes Barre. continue to PA-309 n/ N cross valley Expy. Take exit 2 towards Wilkes Barre Keep right signs for plains. Slight right ont N washington st
City WILKES BARRE
Number Of Units Total 9
MLS Area Wilkes Barre City (13773)
Lot Size Units Square Feet
Lot Size Square Feet 12632.00
Tax Annual Amount 33092.0
Electric Expense 480.00
Property Condition Excellent
Trash Expense 900.00
Price Per Sq Ft Total AG 109.09
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 12A
Total Actual Rent 129000.00
Cap Rate 9.00
Association Recreation Fee N
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Exterior
Parking Features Private
Water Source Public
Type of Parking Driveway On Street Other
Water View Y/N N
Building Area Total 11000.00
Lot Dimensions 12636
Lot Size Acres 0.29
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1326
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* Excluded Features
List By
Exp Commercial

Broker

jimjrreardon@gmail.com

Email

Affordability Calculator

$10,146
Per Month
73%
27%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$2,758
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$1,200,000 Listed Price

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1326-1330 Washington Street, Wilkes Barre, PA, 18705 is a Commercial Property for sale at $1,200,000 with 11,000 sqft and a lot size of 0.29. 1326-1330 Washington Street was built in 1930. The property's zip code is 18705 which is in Wilkes Barre, PA