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220-222 New Mallery Place
Wilkes-barre, PA 18702

$279,900 - Status: Pending
SQFT: 2,800
MLS# 26-5161

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*

Property Features

MLS#: 26-5161
Zip: 18702
Subdivision: None
Development:
Property Type: Multi Unit - Multiple
Days on Site: 31
Heating: Natural Gas

Feature Descriptions

Basement Description: Concrete
Exterior: Vinyl Siding, Wood Siding
Inclusions: Tenant Unit Stove, Deep Freezer, Pool Table
Parking Spaces (Open): 2
Patio/Porch Features: Patio
Property Condition: Very Good
Sewer: Public Sewer
Total Rooms:

Local Schools

School District: Wilkes-Barre

Unit Descriptions


(Delta_Unit_data)Unit Type 1^: Beds: Bedrooms^3 • Baths: Bathroom(s)^2 full Square Footage^1300 partial
Unit Type 2^: Beds: Bedrooms^4 • Baths: Bathroom(s)^2 full Rent^ $1500.00 partial
(Delta_Unit_data_end): Beds: • Baths: full

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 jdudick.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Dream Homes Real Estate LLC

Shown By

Agent Name: Jill Dudick
Agent Phone: (570) 578-9222
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Jill Dudick (570) 578-9222 jdudick@lewith-freeman.com

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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 Insurance

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