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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
1 / 8
6
Units
6,000
Building SF
$44
Per Sq Ft
Last List Price
$285,000
Sold For
$265,000
Against Asking
Sold 7% 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

Just blocks from WIlkes U! A great building with strong heritage in the region! Supposedly one of the homes of an early mayor of Wilkes Barre. 5 units in front house, 1 above the carriage house in back, 3 of the units are being renovated to increase rents! Well maintained and updated...this property will generate great income for years to come

This property has sold and is no longer on the market. This is an older sale on record (July 2022), not a recent one — values in this market have moved since. It sold for $265,000 in July 2022. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by GPGH Realty LLC.

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

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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Our Team
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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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