218 S Franklin Street, Wilkes-Barre, PA 18701

$600,000
Property Type: Residential Income Square Footage: 5,200 Status: Closed
Current Price: $600,000 List Date: 3/20/2024 Last Modified: 9/12/2024

Overview

Description

This 1898 three-unit building offers, elegant, spacious apartments and a glimpse into a bygone era of architectural splendor and refined living. Situated within the heart of the Wilkes University campus, it stands as a testament to both the rich history of the area and the enduring allure of classical design. See Digital Brochure.

Listing Details MLS# 24-1207

Location, Tax & Legal

Street Number
218
Street Direction Prefix
S
Street Name
Franklin
Street Suffix
Street
State
PA
Postal Code
18701
County
Luzerne
MLS Area Major
Wilkes Barre
SchoolDistrict
Wilkes-Barre
Township
Wilkes Barre City
Subdivision Name
None
Zoning
Other - See Remarks
PIN #
H9SE3018011
DB/Record Book
3003
Page
341599
Total County Assmnt
161200
Est County Tax
1024.28
Est Total Tax
6059.13

Listing Information

Listing Contract Date
2024-03-16
Limited Service
No

Property Information

Property Sub Type
Multi Family
Building Area Total
5200
Est Age Range
100 Plus Yrs
Parking
On-Street
Realtor.COM Type
Multi-Family
Style
3 or More Units
Garage Stalls
No
Garage Type
None
# Spaces off-Street
0

Remarks Directions

Directions
S Main St, W on Ross St, Right on Franklin. Property on Right before South.

Status Change Information

Purchase Contract Date
2024-04-13
Close Date
2024-05-10

Expenses

Annual Gross Income
45000
Annual Electric Exp
1483.97
Annual Gas Exp
1088.98
Annual Water Exp
1915
Annual Sewer Exp
1108.25
Annual Real Est Tax
6159.46
Annual Snow Removal
400
Annual Other Misc
440
Total Annl Expenses
14216.23
Annual Othr Fuel Exp
0
Annual Fire/Liabilty
1220.57
Annual Flood Ins
0
Annual Lawn Maint.
400
Anl Net Inc b/4 Debt
30783.77

More Information

Appliances

# Ranges
3
# Refrigerators
3
# Dishwashers
3

Unit 1 Info

Unit #
Yes
# Rooms
6
# Bedrooms
3
# Baths
2
Heat in Rent
N
Hot Water in Rent
Y
Approx SF
1775
Monthly Rent
1400
Kitchen Style
Semi-Modern
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
1609
# Rooms
6
Monthly Rent
1100
# Bedrooms
3
Kitchen Style
Semi-Modern
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
1825
# Rooms
7
Monthly Rent
1250
# Bedrooms
4
Kitchen Style
Semi-Modern
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
(3) Stoves, (3) Refrigerators (3) Dishwashers
Exclude
Tenants' personal property
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

Window Units
Yes
Other - See Remarks
Yes

Water

Public
Yes

Exterior

Brick
Yes

Sewer

Public
Yes

Roof

Rubber
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes
Full Unfinished
Yes

MF Amenities

Deck
Yes
Fire Escape
Yes
Porch
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Window Units; Other - See Remarks Condition: Very Good Exterior: Brick Hot Water Heater: Gas Basement: Full Unfinished MF Amenities: Fire Escape
Listing Office: Lewith & Freeman, Kingston
Listing Agent: Julio Acosta
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.
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