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464 S FRANKLIN Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #13-1279
$1,075,000
Sold August 2013
464 S FRANKLIN Street, Wilkes-Barre in Wilkes-Barre
1 / 8
25
Units
28,616
Building SF
1984
Year Built
$38
Per Sq Ft
Last List Price
$1,200,000
Sold For
$1,075,000
Against Asking
Sold 10.4% below asking

Wondering what that means for your own property? Get a real valuation in Wilkes-Barre — a local agent runs the comparables by hand, not an automated estimate.

About This Property

Fully occupied 1 & 2 bedroom apartments in 25 unit building currently set up as a 50 and over home. There are 13-2bdrm apartments @ $675 and 12-1bdrms @ $600. Tenants pay everything but water and sewer. There are 2 large community rooms, automatic backup generator, sprinkler system, maintainence and trash room on all 4 floors with air. This is a true turn key investment in great shape!

This property has sold and is no longer on the market. This is an older sale on record (August 2013), not a recent one — values in this market have moved since. It sold for $1,075,000 in August 2013. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Classic Properties Kingston.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multi Family
Style
3 or More Units
Condition
Very Good

Interior

Basement
None
Interior Features
Drywall
Included
25 stoves, 25 refrigerators

Systems

Heating
Forced Air
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Brick, Stucco
Lot Dimensions
107X168

Location

County
Luzerne County
School District
Wilkes-Barre
Zoning
Residential

Costs & Listing

2012 Taxes
$24,572
Gross Income
$164,126
Net Operating Income
$103,109
Cap Rate
8.59%
MLS #
13-1279
Listed By
Classic Properties Kingston

What Is Your Wilkes-Barre Home Worth Today?

Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Wilkes-Barre and give you a real number — not an automated estimate.

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J. NelsonJ. NelsonK. BenningerK. BenningerM. NelsonM. NelsonA. AlbaA. AlbaS. AcerraS. AcerraE. KogoyE. KogoyR. RugglesR. RugglesB. WilliamsB. WilliamsD. JoyceD. JoyceT. RanieliT. RanieliB. SpencerB. SpencerT. RennaT. RennaM. ReapM. ReapT. SlackT. SlackK. BulfordK. BulfordE. KowalczykE. KowalczykJ. NelsonJ. NelsonK. BenningerK. BenningerM. NelsonM. NelsonA. AlbaA. AlbaS. AcerraS. AcerraE. KogoyE. KogoyR. RugglesR. RugglesB. WilliamsB. WilliamsD. JoyceD. JoyceT. RanieliT. RanieliB. SpencerB. SpencerT. RennaT. RennaM. ReapM. ReapT. SlackT. SlackK. BulfordK. BulfordE. KowalczykE. Kowalczyk

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