273-275 New Hancock Street, Wilkes-Barre, PA 18702 (MLS# 26-1149)


$500,000
273-275 New Hancock Street
Wilkes-Barre, PA 18702
MLS# 26-1149
5194 sqft


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Property Description
Fully remodeled 5-unit apartment building--designed for investors seeking immediate returns and long-term stability. This turn-key asset has been completely upgraded, featuring modern interiors, updated systems, and strong tenant appeal. With renovations already done, it offers reliable cash flow from day one and minimizes future capital expenses. A great addition to any portfolio!

Details
Listing Information
Limited Service: No
Current Price: $500,000
List Price: $500,000
List Date: 2026-03-20
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 76 - 100 Yrs
Lot Size: 50x140
Garage Stalls: 0
Garage Type: None
Parking: Off-Street
Property Sub Type: Multi Family
Aprx Total SF: 5194
Location, Tax & Legal
Zoning: Multi-Family
PIN #: H10SW2011001, H10SW2011002
DB/Record Book: 3023
Page: 100908
Total County Assmnt: 85000
Est County Tax: 540
Est Total Tax: 2676.38
House # (1): 273-275
Street Name: New Hancock Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks & Directions
Exclude: Tenants personal property
Hot Sheet Comment: new
Expenses
Annual Gross Income: 63273
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 880
Annual Garbage Remvl: 350
Annual Real Est Tax: 2676.38
Annual Fire/Liabilty: 4215
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 8121.38
Anl Net Inc b/4 Debt: 54529.73
Heat Fuel Type
Electric: 1
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Hot Water Baseboard: 1
Condition
Very Good: 1
AC Type
None: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Hot Water Heater
Electric: 1
Gas: 1
Basement
Full Unfinished: 1
Unit 1 Info
Unit #: 1
Approx SF: 1720
# Rooms: 6
Monthly Rent: 1484
# Bedrooms: 3
Kitchen Style: Modern
# Baths: 2
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 860
# Rooms: 4
Monthly Rent: 1114
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 860
# Rooms: 4
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 4 Info
Unit #: 4
Approx SF: 685
# Rooms: 3
Monthly Rent: 1025
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 5 Info
Unit #: 5
Approx SF: 685
# Rooms: 3
Monthly Rent: 0
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Remarks Directions
Directions: Scott St to Chapel St. turn right onto New Hancock St. Property on the left
Status Change Information
Status: Active
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Hot Water Baseboard
AC Type: None
Condition: Very Good
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric; Gas
Basement: Full Unfinished

Listing Office: Jonathan J. Nelson Real Estate
Listing Agent: Angelo Alba

Last Updated: April - 14 - 2026

Information deemed reliable but not guaranteed.