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: 7/25/2026

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

House # (1)
218
Street Direction Pfx
S
Street Name
Franklin
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18701
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
5200
Est Age Range
100 Plus Yrs
Garage Type
None
Parking
On-Street

Remarks Directions

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

Status Change Information

Under Contract Date
2024-04-13
Sold 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 Fire/Liabilty
1220.57
Annual Lawn Maint.
400
Annual Snow Removal
400
Annual Other Misc
440
Total Annl Expenses
14216.23
Anl Net Inc b/4 Debt
30783.77

More Information

Appliances

# Ranges
3
# Refrigerators
3
# Dishwashers
3

Unit 1 Info

Unit #
Yes
Approx SF
1775
# Rooms
6
Monthly Rent
1400
# 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 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

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Window Units; Other - See Remarks Condition: Very Good Exterior: Brick Roof: Rubber Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full Unfinished MF Amenities: Deck; Fire Escape; Porch
Listing Office: Lewith & Freeman, Kingston
Listing Agent: Julio Acosta
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
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