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231 N Main St, Wilkes Barre, PA, 18702

6beds
2baths
3,600sqft
$275,000
$76price/sqft
$2,115/moest. monthly cost
$84,600/yrincome needed

About This Home

Turnkey investment opportunity in a high-demand student rental market! This spacious 6-bedroom single-family home is ideally suited for student housing, offering strong income potential and consistent rental demand year after year. The property features generously sized bedrooms, a large shared living area, multiple bathrooms, and a functional layout that maximizes rental occupancy. Proximity to local colleges, dining, and amenities, this location is highly attractive to student tenants. Investor confidence built in: Leases are already secured for the 2026-2027 academic year, providing immediate, reliable income from day one. Rare opportunity alert: The neighboring property is also available for purchase, presenting a unique chance to acquire a side-by-side investment package. Expand your portfolio, increase cash flow, and create operational efficiencies by owning multiple student rentals in one location--an opportunity that doesn't come around often. Even more upside: A third property is also available just a few doors down, offering the potential to control multiple assets within the same immediate area. This is an exceptional opportunity to create a concentrated student housing portfolio, streamline management, and maximize returns through scale. Whether you're a seasoned investor or looking to break into the student housing market, this is your chance to secure one, two, or all three of these income-producing assets. Opportunities like this are rare--don't miss your chance to build serious momentum in a proven rental market!

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Good
  • Year built: 1925

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete,Partially Finished,Bilco Door

Bedroom1

  • Area: 144
  • Dimensions: 12 x 12

Bedroom2

  • Level: Second
  • Area: 198
  • Dimensions: 18 x 11

Bedroom3

  • Level: Second
  • Area: 120
  • Dimensions: 12 x 10

Bedroom4

  • Level: Second
  • Area: 120
  • Dimensions: 10 x 12

Bedroom5

  • Level: Second
  • Area: 100
  • Dimensions: 10 x 10

Bedroom6

  • Level: Third
  • Area: 154
  • Dimensions: 11 x 14

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Area: 192
  • Dimensions: 16 x 12

Features

  • Fireplace features: Artificial
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,600

Full Bathroom

  • Area: 48
  • Dimensions: 6 x 8

Full Bathroom

  • Level: Second
  • Area: 63
  • Dimensions: 7 x 9

Heating & Cooling

  • Heating features: Natural Gas,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Kitchen

  • Area: 154
  • Dimensions: 11 x 14

Laundry

  • Area: 72
  • Dimensions: 8 x 9

Living Room

  • Area: 280
  • Dimensions: 20 x 14

Property

Details

  • Parcel number: 73H10NW4023010000
  • Zoning: Residential
  • Zoning description: Residential
  • Exclusions: Tenants personal belongings

Features

  • Levels: Tri-Level
  • Patio & porch: Patio

Lot

  • Lot size: 2,875 sqft
  • Features: Cleared,Level
  • Lot size dimensions: 115 x 25

Parking

  • Parking features: None