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

Residential income properties

Property subtype

Multifamily properties

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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