Multifamily
6 Barney Street Wilkes Barre, PA 18702
6 Barney Street, Wilkes Barre, PA, 18702
$223,000
For Sale
$223,000
MULTI_FAMILY - Wilkes-Barre, PA
Property Size2,723 SF
Lot Size0.90 Acres
Price / SF$81.89
Days on Market18
Property Features for 6 Barney Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Basement
- Exterior features
- Vinyl
- Basement
- Dirt Floor
- Standard status
- Active
- APN
- 73-H9SE4-016-016
- Size
- 2,723 SF
- Lot size
- 0.90 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2200
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Roof type
- Shingle
Listing agency
Keller Williams Real Estate, Kingston
(570) 585-5800
Listed by
Michael Nastasiak · License #RS362481
(570) 406-0572
Added: Jul 6 Updated: Jul 22 at 11:15PM Checked: Jul 23 at 10:06AM
MLS# 26-710
Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multifamily property is located at 6 Barney Street in Wilkes-Barre, Pennsylvania (18702). The property is zoned for multi-family use and totals 2,723 square feet, sitting on a 0.9-acre lot.
Access for showings is limited to Saturdays and Sundays from 12:00 PM to 2:00 PM only. Proof of funds is required, and a 24-hour notice is required to schedule an appointment. The property is being sold as-is.
An agent related to the seller is involved with the listing. All interested parties should plan appointments during the posted weekend open hours or coordinate directly for a scheduled showing with the required notice.
Access for showings is limited to Saturdays and Sundays from 12:00 PM to 2:00 PM only. Proof of funds is required, and a 24-hour notice is required to schedule an appointment. The property is being sold as-is.
An agent related to the seller is involved with the listing. All interested parties should plan appointments during the posted weekend open hours or coordinate directly for a scheduled showing with the required notice.
Key Highlights
- 5 bedrooms plus a basement
- 3 bathrooms
- Electric heating with baseboard systems
Local Financial Insights For Apartment 5plus
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 | $40.2k | $14.76 |
| − Vacancy | −$3.1k | −$1.15 |
| EGI | $37.1k | $13.61 |
| − OpEx | −$16.7k | −$6.12 |
| NOI | $20.4k | $7.48 |
2,723 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$291.2K
$254.8K – $339.7K
NOI $20,381 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$862.6K
$754.8K – $1.01M
NOI $60,385 @ 7.0% cap · market cap 27.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - For sale multifamily property in Wilkes-Barre, offered as-is with open hours Saturdays and Sundays 12–2.
Where is this multifamily property located?
The property is located at 6 Barney Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $223,000.
What are key features of this property?
This property features: 5 bedrooms plus a basement; 3 bathrooms; Electric heating with baseboard systems
