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Listed by Maria Whiteduck Avanti Real Estate Group
$ 595,000
Est. payment /mo
New
294 Scott ST Wilkes-barre, PA 18702
5,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $110
MLS Listing ID 26-2583
Annual Tax Amount $2,105
Lot Size 5,400 Sqft
Lot Dimensions 25x125
Property Sub-Type Residential Income
Source Luzerne County Association of REALTORS®
Property Description
Discover the potential of this versatile 5-unit mixed-use property featuring four residential rental units and one commercial space. This income-producing property offers investors the opportunity to generate multiple streams of revenue. Currently, two residential units are vacant, providing an immediate opportunity for a new owner to increase cash flow through lease-up and rent optimization. through lease-up and rent optimization.
The commercial space presents additional income potential and offers flexibility for a variety of uses, including retail, office, professional services, studio space, or other business ventures, subject to local zoning and municipal approvals. With excellent potential for increased revenue, the commercial unit adds another layer of value to this already attractive investment.
Whether you're looking to expand your investment portfolio, establish a business location with rental income to offset expenses, or capitalize on a value-add opportunity, this property offers flexibility, multiple income streams, and significant growth potential. With two vacant units ready for occupancy and a commercial space poised for a variety of uses, investors will appreciate the opportunity to maximize returns and build long-term equity. All measurements and information are approximate and should be independently verified by buyers.
The commercial space presents additional income potential and offers flexibility for a variety of uses, including retail, office, professional services, studio space, or other business ventures, subject to local zoning and municipal approvals. With excellent potential for increased revenue, the commercial unit adds another layer of value to this already attractive investment.
Whether you're looking to expand your investment portfolio, establish a business location with rental income to offset expenses, or capitalize on a value-add opportunity, this property offers flexibility, multiple income streams, and significant growth potential. With two vacant units ready for occupancy and a commercial space poised for a variety of uses, investors will appreciate the opportunity to maximize returns and build long-term equity. All measurements and information are approximate and should be independently verified by buyers.
Location
State PA
County Luzerne
Direction Wilkes-Barre Blvd to Scott St. Property on L after Pearl St.
Rooms
Basement Concrete Floor
Interior
Heating Gas
Fireplace No
Building
Structure Type Brick
New Construction No
Schools
School District Wilkes-Barre
Others
Tax ID H10SW2015027