USAPALuzerne273 Kelly St
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New
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$550,000

For Sale

An hour ago

273 Kelly St, Luzerne, PA

House

MLS® SC262336

12 Bed

7 Bath

5593 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5593 sqft
Garage 
Taxes $3,606
Days Active 0
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $98
MLS® Number SC262336

Property Address: 273 Kelly St, Luzerne, PA, 18709-1346

Average square foot calculated using Size range provided by listing agent.

Description

** TWO MULTI FAMILYS ON ONE DEED! TOTAL OF 6 UNITS!** This unique investment opportunity includes two parcels on a double lot -- 273 Kelly Street and Miller Street -- offering exceptional redevelopment potential in a growing area. Formerly a retail/mixed-use property, the building has already been re-zoned for multi-family use, creating endless possibilities for investors, developers, or owner-operators looking to maximize value.The property currently consists of 2 existing units with the potential to add additional residential units, subject to zoning approval, building code compliance, and required parking regulations. One existing retail space is already laid out similarly to a residential apartment and can easily be converted into 2 separate units with minimal work, including framing a dividing wall and adding a small kitchen. An additional retail space on the right-hand side also offers the potential for another residential unit and is ready for a full renovation.A major bonus is the approved concept plan for a future parking lot located on the vacant lot behind 701 Miller Street, which is included in the same parcel ownership. This provides the opportunity to create the required parking needed to support additional residential development.Whether you're looking to expand your rental portfolio, create a multi-family redevelopment project, or capitalize on a value-add opportunity, this property offers flexibility, strong upside potential, and room for growth.Property tax: $3576 a yearSewer Usage: $343 a year ($49 per unit)Sewer Bill: $1820 a year ($65 per unit quarterly)Insurance: $2, 588
MLS® NumberSC262336
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementConcrete
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
273 Kelly St, Luzerne, PA

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