380-384 Franklin Street, Wilkes-Barre, PA 18702

$670,000
Property Type: Commercial Sale Baths: 9 Square Footage: 6,900 Status: Closed
Current Price: $670,000 List Date: 11/13/2023 Last Modified: 9/15/2024

Overview

Description

9 unit Investment property in prime location. Good cash flow. Being sold as is.

Listing Details MLS# 23-3331

Location, Tax & Legal

House # (1)
380-384
Street Name
Franklin
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
MLS Area
Wilkes Barre
County
Luzerne
Municipality
Wilkes Barre City
Develop/Subdivision
None
School District
Wilkes-Barre
Zoning
Other - See Remarks
PIN#
H9SE4010001-73 & H9SE401001A-73
DB/Record Book
3020
Page
93224
Appeal Pending
No
Total County Assmnt
150000
Est County Tax
953.12
Est Total Tax
6284.37

Listing Information

For Sale
Y

Property Information

Realtor.COM Type
Commercial
Aprx Total SF
6900
Year Built Age
76 - 100 Yrs
Total Bathrooms
9
Environmental Survey
N
SqFt Office
0
SqFt Warehouse
0
Garage Stalls
No
# Spaces Off-Street
0
# of Docks
0

Remarks Directions

Directions
River St to Academy St, to Left on Franklin St. Property is on the corner of Academy and Franklin

Status Change Information

Under Contract Date
2024-02-16
Sold Date
2024-03-26

Remarks & Directions

Included
Appliances
Hot Sheet Comment
new

More Information

Income & Expenses

Annual Gross Inc
89400
Water Exp
1796
Electric Exp
273
R.E. Tax Expense
6284.37
Fire Liab Ins Exp
2054
Other Exp
2682
Annual Tot Expenses
17622.37
Ann Net B/4 Debt
70577.63

Heat Fuel Type

Electric
Yes

Heat Type

Electric Baseboard
Yes

Condition

Fair
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Brick
Yes
Vinyl
Yes

Sewer

Public
Yes

Roof

Rolled
Yes

Present Use

Apartments
Yes

Ceiling Height

Up to 8'0'
Yes

Included in Sale

Building
Yes

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: None Water: Public Sewer: Public Exterior: Brick; Vinyl Condition: Fair Roof: Rolled Present Use: Apartments Ceiling Height: Up to 8'0' Included in Sale: Building
Listing Office: Classic Properties Kingston
Listing Agent: Charles Kasko
Last Updated: September - 15 - 2024
Information deemed reliable but not guaranteed.
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