$299,000

70 Prospect St Wilkes Barre, PA 18702

Estimated payment $1,823/month

Total Views 86
5 Beds
4 Baths
2,442 Sq Ft
$122 Price per Sq Ft

Highlights

  • No HOA
  • Stone Flooring
  • Dining Room
  • Living Room

About This Home

Welcome to 70-72 Prospect Street, a well-maintained multi-unit investment property in the heart of the resurgent city of Wilkes-Barre. This two-unit building has been thoughtfully updated inside and out, offering modern appeal for both investors and tenants alike.Each unit has been refreshed with new bathrooms, luxury vinyl tile flooring, updated appliances, and fresh interior paint, providing a clean and living space. The exterior has also received significant upgrades, including a full exterior paint job and a new roof installed just last year, ensuring peace of mind for years to come.Both tenants are currently on a month-to-month lease and pay all utilities, making this a flexible opportunity for investors seeking either immediate rental income or the potential for future owner-occupancy.Located in the vibrant city of Wilkes-Barre, this property benefits from the area's ongoing revitalization. With local universities, healthcare facilities, cultural attractions, and a growing dining and entertainment scene, Wilkes-Barre continues to attract new residents and investment. Its convenient access to major highways also makes it an appealing hub for commuters and renters alike.Whether you are looking to expand your rental portfolio or secure a property in a thriving community, 70-72 Prospect Street is a smart choice.📍 Key Features:Two-unit multi-family propertyEach unit updated with modern finishesNew bathrooms, LVT flooring, and appliancesEntire interior freshly paintedExterior repainted with new roof (2024)Tenants pay all utilities, month-to-month leasesConvenient Wilkes-Barre location near amenities, schools, and transportation

Listing Agent

Gregory Pollock

Lewith & Freeman RE, Inc. License #RS343356 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Stone Flooring
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 73-I9NE1-027-018
  • Tax Block 27
  • $74,800 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: South on S Main St, Wilkes-Barre, Left to Hazle, R to High, Left to Grove, Right onto Prospect The home will be on your right
  • Lot Size Acres: 0.05
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Unfurnished
  • Above Grade Finished Sq Ft: 2442
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1501.00
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Has Basement: Block, Stone Floor, Unfinished
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: Yes

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wilkes-Barre Area

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Dimensions: 18X110 & 30 x 67
  • Additional Parcels: No
  • Parcel #: 73-I9NE1-027-018
  • Zoning Description: Multi-Family

Rental Info

  • Rent Control: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2311.67
  • Tax Block: 27
  • Tax Book Number: 199710
  • Tax Other Annual Assessment Amount: 74800

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,226 $73,600 $14,000 $59,600
2024 $12,226 $73,600 $14,000 $59,600
2023 $12,226 $73,600 $14,000 $59,600
2022 $12,213 $73,600 $14,000 $59,600
2021 $12,213 $73,600 $14,000 $59,600
2020 $12,213 $73,600 $14,000 $59,600
2019 $12,169 $73,600 $14,000 $59,600
2018 $12,126 $73,600 $14,000 $59,600
2017 $12,082 $73,600 $14,000 $59,600
2016 -- $73,600 $14,000 $59,600
2015 $235 $73,600 $14,000 $59,600
2014 $235 $73,600 $14,000 $59,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $299,000 -- $122 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $50,000 None Available
Deed $13,000 None Available
Sheriffs Deed $1,575 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,000 New Conventional
Source: Public Records

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Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC254213

Greater Scranton Board of REALTORS®

APN: 73-I9NE1-027-018-000