NOT LISTED FOR SALE

485 S Franklin St Wilkes-Barre, PA 18702

-- Bed
-- Bath
6,000 Sq Ft
-- Built

Last Sold July 18, 2022

Last sale price $265,000 $44 Per Sq Ft

15 Days on Market

Highlights

  • 2 Car Detached Garage
  • Hot Water Heating System
  • Wood Siding
  • Forced Air Heating System
  • Property is in very good condition

About This Home

As of July 2022

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

Last Agent to Sell the Property

Steve Franco

GPGH Realty LLC License #RM424988 Listed on: 06/14/2022

Last Buyer's Agent

Dawn Wiringer

Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn License #RS332734

Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,165

Lot Details

  • Lot Dimensions are 50x120
  • Property is in very good condition

Home Design

  • 6,000 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Wood Siding
  • Plaster

Parking

  • 2 Car Detached Garage
  • 12 Off-Street Spaces

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $480
  • Fuel Expense $5,400
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • Real Estate Tax Expense $5,060
  • Gross Income $48,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,165

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Up Academy toward Hazle, Right at franklin.
  • Estimated School Tax: 2165.00
  • EstTotalTax: 2165.00
  • Age: 76 - 100 Yrs
  • Annual Electric: 480.00
  • Expenses Annual Sewer Exp: 2400.00
  • Expenses Annual Water Exp: 2300.00
  • Listing Member Name: Stephen Franco
  • Listing Office Short Id: 9027
  • Tax Municipality: Wilkes Barre City
  • NumberSpacesOffStreet: 12.00
  • Open House Office I D: 20220426192018534071000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 3077
  • Selling Office Short Id: 1000S
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 6000.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: Y
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: Y
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: Y
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Unit6InfoElectricInRent: N
  • Unit6InfoHeatInRent: Y
  • Unit6InfoHotWaterInRent: Y
  • Unit6InfoSewerInRent: Y
  • Unit6InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Other - See Remarks
  • Limited Service: No

Exterior Features

  • Property Condition: Very Good
  • Exterior: Brick, Wood
  • Roof: Comp Shingle, Other - See Remarks

Garage/Parking

  • Spaces: 2
  • Garage Type: Detached
  • Parking: Off-Street

Utilities

  • Hvac Type: Other - See Remarks
  • Heat Fuel Type: Gas
  • Heat Type: Forced Air
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Association Fees Include: KITCHEN APPLIANCES NOT OWNED BY TENANT
  • Number of Units: 6

Schools

  • School District: Wilkes-Barre
  • School District: Wilkes-Barre

Lot Info

  • Lot Size: 50x120
  • Zoning: Residential

Multi Family

  • Income And Expenses Annual Gas Exp: 5400.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $265,000 -7.0% $44 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $285,000 -- $48 / Sq Ft
Source: Luzerne County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 22-2709