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Property profile & analytics
OFF-MARKET
Commercial real estate

40 Madison St Wilkes-Barre Township, PA 18702

8,000 SF Built 1950
Property ID
US73-5706369
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 8,000 SF
UPID US73-5706369
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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