40 Madison StWilkes-Barre Township, PA 18702

Property Details for 40 Madison St

Year built

1950

Property size (Sq ft)

8,000 SF

Property type

Apartment buildings

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.

Location Insight

City

Wilkes-Barre Township

County

Luzerne

State

Pennsylvania

Latitude

41.2495

Longitude

-75.8739

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