Want to own a cash-flowing, turnkey 4-building portfolio? Gross income of $129,900 and verified net income of $107,870 deliver a strong 9% cap rate across this fully renovated 8-unit mixed-use portfolio in Wilkes-Barre. This isn’t a single structure—it’s a cohesive, income-producing property group offering diversified returns from multiple residential and commercial streams. The Seven residential units have been completely rebuilt with new kitchens, cabinetry, countertops, vanities, flooring, and paint. The garage has been renovated as an additional income source, all siding and roofs replaced, and 30+ new windows installed. Every safety, zoning, and code requirement has been met with full permits and a fresh certificate of occupancy. The commercial exterior was upgraded to match the residential work, creating a unified and professional appearance ideal for long-term tenant retention and community appeal. The financials include professional management and maintenance contracts, so the next owner inherits a seamless operation with dependable tenants and steady demand from new showings. This is a rare opportunity to acquire a stabilized, turnkey portfolio already optimized for consistent performance. With nine total income sources, modernized infrastructure, and immediate cash flow, this collection offers both yield and appreciation potential in one of Pennsylvania’s fast-growing, affordable multifamily markets—an exceptional investment for any serious buyer.
Luzerne is located in Pennsylvania. Luzerne, Pennsylvania has a population of 2,721. Luzerne is less family-centric than the surrounding county with 8.56% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Luzerne, Pennsylvania is $40,674. The median household income for the surrounding county is $56,534 compared to the national median of $69,021. The median age of people living in Luzerne is 50.6 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 41.5 inches per year, with 36.9 inches of snow per year.
