40 Madison St Wilkes-Barre Township, PA 18702
- Commercial real estate
- 8,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 40 Madison St
- Year built
- 1950
- Property size
- 8,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a ten-unit multifamily portfolio located in Wilkes-Barre, Pennsylvania. The portfolio comprises three buildings totaling 8,000 square feet, constructed in 1950 and featuring two stories each. The asking price is $799,000, translating to $99.88 per square foot. The portfolio includes three separate apartment building addresses: 40-42 Madison Street (two units), 43-45 Madison Street (three units), and 97-99 Mill Street (five units). Additionally, a vacant parcel of land at 256 N. Washington Avenue is included in this sale. Tenants are responsible for their own electric and gas utilities. This property offers a strong potential return on investment. Financial information and leases are available upon request with 24-hour advance notice. Proof of funds or a pre-approval letter is required for all showings. The property is situated in Luzerne County, Pennsylvania, with a zip code of 18702. The precise location is 41.2494922 latitude and -75.8739158 longitude. This portfolio represents a rare opportunity to acquire a substantial multifamily investment in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilkes-Barre Township
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8739158
- Latitude
- 41.2494922
