111 Old River Rd Wilkes Barre, PA 18702

This exceptional investment opportunity presents a fully rented six-unit apartment building located at 111 Old River Rd, Wilkes-Barre, PA 18702, in Luzerne County. The property boasts a total of 6,098 square feet situated on a 0.14-acre lot. Built in 1930, this two-story building is zoned for commercial use and offers a compelling return on investment. Each of the six units commands a price of $76,500, contributing to an overall asking price of $459,000 ($75.27 per square foot). Recent improvements include a new roof, a newer furnace, and a newly poured concrete walkway. The property also features convenient off-street parking. Its prime location provides easy access to major highways, schools, shopping centers, and the downtown area. The building generates a substantial net annual income exceeding $58,000, making it an attractive prospect for discerning investors seeking a stable and profitable addition to their portfolio. This well-maintained property offers a blend of historical charm and modern updates, promising a strong return on investment for years to come.