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294 Scott Street
Wilkes-barre, PA 18702

$550,000 - Status: Active
SQFT: 5,400
MLS# 26-2583

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.

Property Features

MLS#: 26-2583
Zip: 18702
Subdivision: None
Development:
Property Type: Multi Unit - Multiple
Days on Site: 155
Heating: Natural Gas

Feature Descriptions

Basement Description: Concrete
Exterior: Brick
Property Condition: Fair
Sewer: Public Sewer
Total Rooms:

Local Schools

School District: Wilkes-Barre

Unit Descriptions


(Delta_Unit_data)Unit Type 1^: Beds: Bedrooms^2 • Baths: Bathroom(s)^1 full Rent^ $1200.00 partial
Unit Type 2^: Beds: Bedrooms^2 • Baths: Bathroom(s)^1 full Rent^ $1175.00 partial
Unit Type 3^: Beds: Bedrooms^3 • Baths: Bathroom(s)^1 full Rent^ $1175.00 partial
Unit Type 4^: Beds: Bedrooms^3 • Baths: Bathroom(s)^1 full Rent^ $1200.00 partial
(Delta_Unit_data_end): Beds: • Baths: full

294 Scott Street | MLS# 26-2583

This multi-family property located at 294 Scott Street, Wilkes Barre, PA 18702 is currently listed for sale with an asking price of $550,000. Scott Street is located within the Wilkes-Barre school district. Search Wilkes Barre real estate on dbuonsante.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Avanti Real Estate Group

Shown By

Agent Name: Dominic Buonsante
Agent Phone: (570) 301-4722
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Dominic Buonsante (570) 301-4722 domtherealtor570@gmail.com

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Estimated Payment

$ 3,292.41 per month $3,131.99 Principal & Interest $0.00 Property Tax (data not provided by mls) $160.42 Homeowner's Insurance

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