Cash-Flowing Single-Family
68 Lloyds Lane, Wilkes Barre, PA 18702
New
MULTI_FAMILY - Wilkes-Barre, PA
Property size:
2,033 SFLot size:
0.07 AcresPrice / SF:
$90/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 12:06 am
Property Features for 68 Lloyds Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Basement, Bathroom 1
- Parking
- 1
- Patio and Porch features
- Porch
- Exterior features
- Private Yard
- Basement
- Concrete
- Appliances
- Oven, Refrigerator
- Standard status
- Active
- APN
- 73-I9NE4-022-023
- Size
- 2,033 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 73-14-1-648-3 68 Lloyds Ln
- Tax Annual Amount
- 467
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing agent Allison Marie Doyle License #RS371400 (570) 832-0239
Listing office EXP Realty LLC 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA (888) 397-7352
Listing date Jun 2, 2026
MLS# SC262572
Listing URL
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Tenant‑occupied single‑family home generating $1,400/month in rental income
- Tenant pays all utilities; month‑to‑month lease for flexible occupancy terms
- Brand‑new roof installed in 2026
- Heating: steam heat; cooling via wall/window and window unit(s)
- Public water and public sewer
- Private yard and porch; appliances include oven and refrigerator
Overview
This single-family residence presents an investor-ready, cash-flowing setup with a tenant currently in place. Rental income is $1,400 per month, and the tenant is responsible for all utilities, which can help keep operating expenses controlled. The property is on a month-to-month lease, offering flexibility for investors who want to continue renting, as well as owner-occupants who may prefer the option of future occupancy. A major capital improvement has already been completed with a brand-new roof installed in 2026.
Located in Wilkes-Barre, Pennsylvania, the property sits on a relatively compact lot and is offered as a turnkey investment opportunity. Given the tenant-occupied status and the recent roof replacement, the home is positioned for buyers seeking immediate income with reduced near-term maintenance concerns.
For investors, this is a straightforward acquisition with an existing rental stream and tenant-paid utilities, plus month-to-month lease flexibility. For owner-occupants, the current arrangement may provide time to plan a future move after the lease term while still preserving rental income in the interim. The completed roof work is a practical advantage for anyone focused on predictability and long-term property care.
Located in Wilkes-Barre, Pennsylvania, the property sits on a relatively compact lot and is offered as a turnkey investment opportunity. Given the tenant-occupied status and the recent roof replacement, the home is positioned for buyers seeking immediate income with reduced near-term maintenance concerns.
For investors, this is a straightforward acquisition with an existing rental stream and tenant-paid utilities, plus month-to-month lease flexibility. For owner-occupants, the current arrangement may provide time to plan a future move after the lease term while still preserving rental income in the interim. The completed roof work is a practical advantage for anyone focused on predictability and long-term property care.
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 | $30.0k | $14.76 |
| − Vacancy | −$2.3k | −$1.15 |
| EGI | $27.7k | $13.61 |
| − OpEx | −$12.4k | −$6.12 |
| NOI | $15.2k | $7.48 |
2,033 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$217.4K
$190.2K – $253.6K
NOI $15,217 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.1K
$563.6K – $751.4K
NOI $45,084 @ 7.0% cap · market cap 24.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Wilkes Barre
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.894395
- Latitude
- 41.230333
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Tenant-occupied home with month-to-month flexibility and a newly installed roof for low-maintenance ownership.
Where is this single family property located?
The property is located at 68 Lloyds Lane Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Tenant‑occupied single‑family home generating $1,400/month in rental income; Tenant pays all utilities; month‑to‑month lease for flexible occupancy terms; Brand‑new roof installed in 2026
