218 S Franklin Street, Wilkes-Barre, PA 18701 (MLS# 24-1207)

218 S Franklin Street, Wilkes-Barre, PA 18701

$600,000

Virtual Tour

https://home.julioacostaphotography.com/218-south-franklin-street-wilkes-barre-pa-18701-1021?branded=0

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

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
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

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
Garage Stalls: No
# 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

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
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0

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

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 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: September - 12 - 2024

Information deemed reliable but not guaranteed.

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