10-12 Beekman Street, Wilkes Barre, PA 18702
MULTI_FAMILY - Colonial - Wilkes Barre, PA
Property Features for 10-12 Beekman Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.06-acre lot and is built with vinyl siding and a shingle roof. Heating is referenced as baseboard with natural gas, and the utilities are described as separate for the units. Public water and public sewer are provided. The home was built in 1900 and is in R-2 zoning.
For layout and finishes, the property includes tile, vinyl, and carpet flooring, along with appliances that include a gas cooktop, gas oven, electric range, gas range, and refrigerator.
Key Highlights
- Side‑by‑side duplex with 9 total bedrooms and 3.5 total bathrooms
- Unit 10 Beekman: 4 bedrooms with 1 full bath and 1 half bath, gas heat
- Unit 12 Beekman: 5 bedrooms and 2 full baths, electric heat with gas option available
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.3k | $12.60 |
| − Vacancy | −$2.3k | −$1.07 |
| EGI | $24.9k | $11.53 |
| − OpEx | −$7.5k | −$3.46 |
| NOI | $17.5k | $8.07 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 18702, PA
Market
Vacancy Rate% for Multifamily in Northeast region