123 Lehigh St Wilkes-Barre, PA 18702
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.