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

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Approximate location · View larger map

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

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Listed by Larissa Cleary, Classic Properties Kingston. Source: Luzerne County Association of REALTORS® MLS.

Property Summary

This is a multi-family property in Wilkes-Barre, built in 1984. It has 25 units and a building area of 28,616 square feet. The MLS lists heating as forced air. It sold in August 2013 for $1,075,000.

Summary written by Jonathan J. Nelson Real Estate from the MLS facts on this page. It is not the listing firm’s description.

This property has sold and is no longer on the market. This is an older sale from August 2013, and prices in this area have changed since then. It sold for $1,075,000 in August 2013. Contact us for other recent sales nearby.

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

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