SoldJul 15, 2025

Listed by Kelly J Oltmann and Sunita Arora

Source: Greater Scranton Board of Realtors MLS #SC250887

7476 Sylvanus Street, Wilkes-Barre, PA, 18702

$257,500

6
2
2240 sq. ft.
0.08 ac.

MultiFam

•

30+ days on the market

Sold: Jul 15, 2025

What's around 7476 Sylvanus Street

About this property

Currently 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.

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