Mixed-Use Building with Barber
13 -15 W Ross Street, Wilkes Barre, PA 18765
New
- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 4:06 pm
Property Features for 13 -15 W Ross Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Drywall
- Exterior features
- Street Lights
- Basement Y/N
- 1
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 73-H9SE3-018-31A
- Size
- 2,712 SF
Taxes and HOA fees
- Tax Annual Amount
- 2430.99
Utilities
- Heating system
- Baseboard, Electric (Heating), Forced Air, Natural Gas
- Cooling system
- None (Cooling)
Building Details
- Building materials
- Brick
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Edward Stobodzian License #RM425952 (570) 417-9758
Listing office Antonik & Associates, Inc. Nanticoke 38 East Ridge Street, NANTICOKE, PA (570) 735-7494
Listing date Jun 2, 2026
MLS# 26-2551
Listing URL
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.
HighLights
- Mixed‑use building with 1 commercial space (currently a barber shop) and 2 apartments
- Both apartments are 2‑bedroom units
- Rents are described as below market, with tenants on month‑to‑month leases
- Separate utilities for the commercial space and apartments
- Heating includes forced air, natural gas, electric, and baseboard; cooling is listed as none
- Brick construction with rubber roof and basement; includes dryer, range, and refrigerator
Overview
This mixed-use building is in great condition and offers separate utilities for the commercial and residential components. The property includes one commercial space currently operating as a barber shop, along with two separate two-bedroom apartments, providing an income stream from both retail and residential uses.
Located at 13–15 W Ross Street in Wilkes-Barre, the building is conveniently near Wilkes College. That proximity supports a strong campus-housing fit, and the residential units are described as renting below market with month-to-month terms.
For buyers looking for a turn-key, mixed-income investment, the combination of an active storefront and two apartment units can appeal to investors seeking diversified cash flow. With separate utilities and a configuration that supports both commercial and student-friendly housing, this property is well suited for operators interested in campus-oriented leasing while maintaining straightforward building-level management.
Located at 13–15 W Ross Street in Wilkes-Barre, the building is conveniently near Wilkes College. That proximity supports a strong campus-housing fit, and the residential units are described as renting below market with month-to-month terms.
For buyers looking for a turn-key, mixed-income investment, the combination of an active storefront and two apartment units can appeal to investors seeking diversified cash flow. With separate utilities and a configuration that supports both commercial and student-friendly housing, this property is well suited for operators interested in campus-oriented leasing while maintaining straightforward building-level management.
Local Financial Insights For Mixed Use
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 | $48.8k | $18.00 |
| − Vacancy | −$5.9k | −$2.16 |
| EGI | $43.0k | $15.84 |
| − OpEx | −$16.1k | −$5.94 |
| NOI | $26.8k | $9.90 |
2,712 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$383.6K
$335.6K – $447.5K
NOI $26,849 @ 7.0% cap · market cap 7.16%
Second Best
Retail
$322.2K
$281.9K – $375.9K
NOI $22,553 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$859.2K
$751.8K – $1.00M
NOI $60,141 @ 7.0% cap · market cap 16.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Wilkes Barre
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.890699
- Latitude
- 41.241432
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with separate utilities, combining a storefront barbershop and two two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 13 -15 W Ross Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Mixed‑use building with 1 commercial space (currently a barber shop) and 2 apartments; Both apartments are 2‑bedroom units; Rents are described as below market, with tenants on month‑to‑month leases
