485 S Franklin Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #22-2709

$265,000

Sold July 2022

485 S Franklin Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

6,000

Building SF

$44

Per Sq Ft

Last List Price

$285,000

Sold For

$265,000

Against Asking

Sold 7% below asking

Thinking about selling in Wilkes-Barre? Find out what your home is worth, based on recent sales like this one.

Listed by Stephen Franco, GPGH Realty LLC, (570) 774-4744. Source: Luzerne County Association of REALTORS® MLS.

Property Summary

This is a multi-family property in Wilkes-Barre. It has 6 units and a building area of 6,000 square feet. The MLS lists the basement as other - see remarks and heating as natural gas. There is a 2-car detached garage. It sold in July 2022 for $265,000.

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 July 2022, and prices in this area have changed since then. It sold for $265,000 in July 2022. 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: Other - See Remarks
Interior Features: Drywall, Plaster
Included: KITCHEN APPLIANCES NOT OWNED BY TENANT

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer, Other

Exterior & Lot

Exterior: Brick, Wood Siding
Roof: Composition
Garage: 2 Car Detached
Lot Dimensions: 50x120

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Residential

Costs & Listing

Annual Taxes: $2,165
Gross Income: $48,960
Net Operating Income: $31,290
Cap Rate: 10.98%
MLS #: 22-2709
Listed By: GPGH Realty LLC

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