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Property profile & analytics
OFF-MARKET
Residential income homes

123 Lehigh St Wilkes-Barre, PA 18702

2,769 SF
Property ID
US73-1350749
Property summary
AI-generated overview

This exceptional investment opportunity presents a three-unit mixed-use building located at 123-125 Lehigh Street in Wilkes-Barre, Pennsylvania, 18702. The property boasts a total of 2,769 square feet situated on a 3,198 square foot lot, zoned R1. The building is a two-story structure currently configured as a single-family rental portfolio. The asking price is $209,000, translating to a price per square foot of $75.48. This represents a compelling entry point for investors seeking a hands-on project with significant upside potential. The property is being sold "AS IS," allowing for creative renovation and repositioning strategies. Given its location in Wilkes-Barre and the existing multi-unit configuration, this property offers a unique chance to capitalize on the growing demand for rental housing or explore alternative mixed-use development options. The property's size and zoning provide flexibility for a variety of uses, making it an attractive proposition for both seasoned investors and those new to the market. Serious inquiries are encouraged to explore the full potential of this promising investment.

Property profile
Verified
Property type Residential income homes
Total area 2,769 SF
UPID US73-1350749
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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