533 S Franklin St Wilkes Barre, PA 18702
Estimated payment $1,714/month
Highlights
- Traditional Architecture
- 1 Fireplace
- Corner Lot
- Wood Flooring
- Sun or Florida Room
- Granite Countertops
About This Home
Stately Victorian Near Wilkes & King's University -- Ideal Student Housing or Single-Family Residence. This meticulously maintained 3-story Victorian blends timeless architectural character with thoughtful modern updates. Perfectly positioned just steps from Wilkes University and King's College, this property offers exceptional potential as an income-producing student rental or a beautiful single-family home filled with historic charm.Property Highlights include: 3 Stories | 6 Bedrooms | 3 Full Baths, one conveniently located on each level. Ft. gleaming hardwoods throughout, beautiful unpainted original woodwork, & stained glass windows, a quaint stone-laid side yard for warm-weather relaxation, plus 2nd floor laundry for added convenience.Modern Comfort Meets Historic Character here with each bedroom individually keyed, ideal for flexible use or student housing, New Wi-Fi-enabled ductless split units for efficient AC & heat, Brand new modern bath installed on the upper level, new kitchen flooring, stainless steel appliances, fresh paint, and updated fans & fixtures throughout. Freshly deep-cleaned and move-in ready.Get peace of mind through thoughtful upgrades. This property has been meticulously cared for with many behind-the-scenes updates designed to ensure long-term stability and efficiency with New energy-efficient windows on 2nd and 3rd floors, Roof and gutters professionally re-sealed and restored, New basement stairs and self-draining dehumidifier for a clean, dry lower level, Upgraded new sewer system, new garbage disposals and UV water filtration system, New breaker box for modernized electrical, New support beams, ensuring the structure is solid, secure, and well-maintained.Investment Snapshot:Proj Rent at 650/mo per bedroom. Annual Gross Income: 46,800. Annual Expenses incl. utilties: 12,171. Projected Net Operating Income: 34,629. Cap Rate 12.6.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,386
Year Built
- Built in 1925 | Remodeled
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 40x40
- Privacy Fence
- Vinyl Fence
- Corner Lot
- Property is zoned RS
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
Interior Spaces
- 2,810 Sq Ft Home
- 3-Story Property
- Woodwork
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Chandelier
- 1 Fireplace
- Window Treatments
- Living Room
- Dining Room
- Sun or Florida Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Courtyard
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 73-H9SE4-027-026
- Tax Block 27
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,386 | $116,700 | $14,800 | $101,900 |
| 2024 | $19,386 | $116,700 | $14,800 | $101,900 |
| 2023 | $19,386 | $116,700 | $14,800 | $101,900 |
| 2022 | $19,364 | $116,700 | $14,800 | $101,900 |
| 2021 | $19,364 | $116,700 | $14,800 | $101,900 |
| 2020 | $19,364 | $116,700 | $14,800 | $101,900 |
| 2019 | $19,295 | $116,700 | $14,800 | $101,900 |
| 2018 | $19,226 | $116,700 | $14,800 | $101,900 |
| 2017 | $19,157 | $116,700 | $14,800 | $101,900 |
| 2016 | -- | $116,700 | $14,800 | $101,900 |
| 2015 | $2,139 | $116,700 | $14,800 | $101,900 |
| 2014 | $2,139 | $116,700 | $14,800 | $101,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $275,000 | -- | $98 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $219,000 | C&C Abstractor Services Inc | |
| Deed | -- | None Available |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC255502
APN: 73-H9SE4-027-026-000
- 210 Sambourne St
- 97 Wood St
- 28 Carey Ave
- 6 Magnolia Ave
- 55 Oregon St
- 380 S Franklin St
- 109 New Alexander St
- 70 Prospect St
- 100-102 Westminster St
- 34-36 Rowland St
- 29 Terrace St
- 176 Stanton St
- 34 W Ross St
- 117 Barney St
- 29 Corlear St
- 222 Old River Rd
- 57 Dodson Ln
- 79 Old River Rd
- 849 S Franklin St
- 28 W South St
- 122 Wood St Unit 2 Bedroom 1 Bath
- 81 Dana St Unit 2
- 220 Carey Ave
- 366 S River St Unit . 3
- 2 Terrace St Unit Penthouse
- 44 Terrace St Unit Suite 1 - 1st Floor Left
- 317 S River St
- 128-130 Barney St Unit 128 A
- 140 Hazle St
- 275 S River St
- 2 Airy St
- 0 Carey Ave
- 57 W River St Unit 1
- 218 S Franklin St Unit 1
- 261 Dana St
- 152 Horton St
- 75 Melrose Ave Unit 1
- 249 Barney St
- 81 Waller St
- 116 S Main St Unit 412