Currently occupied by excellent, long-term tenants paying market rates. This property requires zero downtime between purchase and income generation. Both units are tenant-occupied with residents handling all utilities, maximizing your monthly returns.The property's strategic location puts your investment in the heart of desirability. Tenants enjoy quick access to major retail centers, diverse dining options, and popular city attractions, ensuring sustained rental demand in this thriving neighborhood.Recent mechanical upgrades and thoughtful improvements throughout the building demonstrate the current owner's commitment to maintaining this property's value. From updated systems to modern amenities, this building is positioned for long-term appreciation with minimal immediate capital requirements.For investors seeking a hands-off income property, this duplex offers:*Two identical 3-bedroom units*Established tenant base with proven payment history*Tenant-paid utilities*Prime location near shopping and entertainment*Updated mechanical systems*Immediate rental income from day oneDon't miss this rare opportunity to acquire a stabilized, income-producing property requiring minimal oversight. Perfect for both seasoned investors and those looking to build their real estate portfolio with a proven performer.
Sold for $257,500
$257,500
74-76 Sylvanus St, Wilkes Barre, PA 18702
6beds
2,240sqft
Multi Family
Built in 1940
-- sqft lot
$271,700 Zestimate®
$115/sqft
$1,212 Estimated rent
Home value
$271,700
$223,000 - $331,000
$1,212/mo
Zestimate® history
Owner options
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$1,212/mo
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$1,212/mo
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$1,681/mo
Est. payment
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$1,681/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kelly J. Oltmann,
ERA One Source Realty,
Sunita Arora,
ERA One Source Realty
Bought with:
NON MEMBER
NON MEMBER
Source: GSBR as distributed by MLS GRID,MLS#: SC250887
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Steam
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Built-In Gas Oven, Refrigerator, Gas Range, Gas Cooktop, Free-Standing Range, Cooktop
- Laundry: In Kitchen, Laundry Room
Features
- Flooring: Hardwood, Tile
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Awning(s)
- Fencing: Back Yard
Lot
- Size: 3,484 Square Feet
- Dimensions: 40v95
- Features: Back Yard, City Lot
Details
- Parcel number: 73l10NW1022005000
- Zoning: R1
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex Side by Side
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Fixer,Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Natural Gas Connected, Sewer Connected, Electricity Connected
Community & HOA
Location
- Region: Wilkes Barre
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $58,500
- Annual tax amount: $5,000
- Date on market: 3/4/2025
- Cumulative days on market: 64 days
- Tenant pays: Gas, Sewer, Trash Collection, Snow Removal, Hot Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $257,500-6.3%$115/sqft |
Source:  GSBR as distributed by MLS GRID #SC250887 Report a problem | ||
| 5/15/2025 | Pending sale | $274,900$123/sqft |
Source: GSBR as distributed by MLS GRID #SC250887 Report a problem | ||
| 4/14/2025 | Listed for sale | $274,900$123/sqft |
Source: GSBR as distributed by MLS GRID #SC250887 Report a problem | ||
| 4/2/2025 | Pending sale | $274,900$123/sqft |
Source: GSBR as distributed by MLS GRID #SC250887 Report a problem | ||
| 3/4/2025 | Listed for sale | $274,900+30.9%$123/sqft |
Source: GSBR as distributed by MLS GRID #SC250887 Report a problem | ||
| 8/26/2024 | Sold | $210,000-4.1%$94/sqft |
Source: GSBR as distributed by MLS GRID #SC2866 Report a problem | ||
| 6/20/2024 | Pending sale | $219,000$98/sqft |
Source: GSBR as distributed by MLS GRID #SC2866 Report a problem | ||
| 6/3/2024 | Listed for sale | $219,000$98/sqft |
Source: GSBR as distributed by MLS GRID #SC2866 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: The Heights
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Nearby schools
GreatSchools rating
- 4/10Heights/Murray El SchoolGrades: K-5Distance: 0.4 mi
- 3/10G.A.R. Memorial Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10James M Coughlin Junior-Senior High SchoolGrades: 9-12Distance: 0.8 mi
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$271,700
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$277,134
- Pennsylvania
- Luzerne County
- Wilkes-Barre
- 18702
- The Heights
- 74-76 Sylvanus St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Wilkes-Barre Topics
