74 Sylvanus St Wilkes Barre, PA 18702
6
Beds
2
Baths
2,240
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- Living Room
- Awning
- Front Porch
- Laundry Room
- Dining Room
About This Home
As of July 2025Currently occupied by excellent, long-term tenants paying market rates. This property requires zero downtime between purchase and income generation. Both units are tenant-occupied with residents handling all utilities, maximizing your monthly returns.The property's strategic location puts your investment in the heart of desirability. Tenants enjoy quick access to major retail centers, diverse dining options, and popular city attractions, ensuring sustained rental demand in this thriving neighborhood.Recent mechanical upgrades and thoughtful improvements throughout the building demonstrate the current owner's commitment to maintaining this property's value. From updated systems to modern amenities, this building is positioned for long-term appreciation with minimal immediate capital requirements.For investors seeking a hands-off income property, this duplex offers:*Two identical 3-bedroom units*Established tenant base with proven payment history*Tenant-paid utilities*Prime location near shopping and entertainment*Updated mechanical systems*Immediate rental income from day oneDon't miss this rare opportunity to acquire a stabilized, income-producing property requiring minimal oversight. Perfect for both seasoned investors and those looking to build their real estate portfolio with a proven performer.
Last Agent to Sell the Property
ERA One Source Realty License #RS222424L Listed on: 02/26/2025
Last Buyer's Agent
NON MEMBER
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,000
Year Built
- Built in 1940 | Remodeled
Lot Details
- 3,485 Sq Ft Lot
- Two or More Common Walls
- Back Yard Fenced
Parking
- On-Street Parking
Home Design
- Duplex
- Fixer Upper
- Composition Roof
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
- Awning
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Gas Oven
- Gas Cooktop
- Free-Standing Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Front Porch
- City Lot
Listing and Financial Details
- Security Deposit $1,250
- Tenant pays for gas, sewer, trash collection, snow removal, hot water
- The owner pays for insurance, taxes
- Assessor Parcel Number 73-l10NW1-022-005-000
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,500
- Net Operating Income $24,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Aug 19, 2024
Sold by
74-76 Sylvanus Street Llc
Bought by
Jain Vishal and Choudhary Lavina
Seller's Agent
Sunita Arora
ERA One Source Realty
Buyer's Agent
Sunita Arora
ERA One Source Realty
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.58%
Original Mortgage
$123,900
Outstanding Balance
$123,161
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$128,786
Purchase Details
Closed on
Sep 19, 2023
Sold by
Teberio John M
Bought by
74-76 Sylvanus Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,317
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 14, 1998
Bought by
Teberio John M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $210,000 | None Listed On Document | |
| Deed | $104,211 | Ans Title | |
| Deed | $38,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,900 | New Conventional | |
| Previous Owner | $66,317 | Credit Line Revolving | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $257,500 | -6.3% | $115 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $274,900 | 0.0% | $123 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $274,900 | 0.0% | $123 / Sq Ft |
| 01/15/2025 01/15/25 | Rented | $15,000 | +1100.0% | -- |
| 01/07/2025 01/07/25 | Under Contract | -- | -- | -- |
| 12/21/2024 12/21/24 | For Rent | $1,250 | 0.0% | -- |
| 08/26/2024 08/26/24 | Sold | $210,000 | -4.1% | $94 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/03/2024 06/03/24 | For Sale | $219,000 | -- | $98 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $9,718 | $58,500 | $18,900 | $39,600 |
| 2024 | $9,718 | $58,500 | $18,900 | $39,600 |
| 2023 | $9,718 | $58,500 | $18,900 | $39,600 |
| 2022 | $9,707 | $58,500 | $18,900 | $39,600 |
| 2021 | $9,707 | $58,500 | $18,900 | $39,600 |
| 2020 | $9,707 | $58,500 | $18,900 | $39,600 |
| 2019 | $9,673 | $58,500 | $18,900 | $39,600 |
| 2018 | $9,638 | $58,500 | $18,900 | $39,600 |
| 2017 | $9,603 | $58,500 | $18,900 | $39,600 |
| 2016 | -- | $58,500 | $18,900 | $39,600 |
| 2015 | -- | $58,500 | $18,900 | $39,600 |
| 2014 | -- | $58,500 | $18,900 | $39,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Oltmann
K
Seller's Agent in 2025
Kelly Oltmann
ERA One Source Realty
(570) 209-6031
2 in this area
93 Total Sales
-
Sunita Arora
Seller Co-Listing Agent in 2025
Sunita Arora
ERA One Source Realty
(570) 698-0700
18 in this area
259 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER
NON MEMBER
-
Matteo Adragna
Buyer's Agent in 2025
Matteo Adragna
ERA One Source Realty
(570) 507-0771
2 in this area
7 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC250887
APN: 73-I10NW1-022-005-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
Nearby Homes
- 119 S Meade St
- 361 E South St
- 380 E Northampton St
- 229 S Sherman St
- 317 E East South St St
- 65 S Sherman St
- 27 Rees St
- 228 S Hancock St
- 245 E Northampton St
- 357 S Meade St
- 51-53 S Welles St
- 22 Hayes Ln
- 233 Augusta St
- 37-39 Hickory St
- 450 S Hancock St
- 65 Hutson St
- 69 Hutson St
- 264 Moyallen St
- 254 Hazle St
- 33 E South St