403 S Franklin Street, Wilkes-Barre, PA 18702 (MLS# 24-2141)

403 S Franklin Street, Wilkes-Barre, PA 18702

$240,000

Property Type: Residential Income Square Footage: 2,614 Status: Closed

Current Price: $240,000 List Date: 5/10/2024 Last Modified: 2/10/2026

Overview

Description

Great opportunity to own a 3 unit property! 2 Units updated recently. Generate income from all 3 units or live in one and collect on the others. It offers convenience, off street parking, very close to Wilkes University campus and each unit has 2 entrances. No showings requests will be accepted till May 22

Listing Details MLS# 24-2141

Location, Tax & Legal

Street Number: 403
Street Direction Prefix: S
Street Name: Franklin
Street Suffix: Street
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Apartment Residential
PIN #: 73-H9SE4-024-020-000
DB/Record Book: 3022
Page: 34239
Total County Assmnt: 79200
Est County Tax: 488
Est Total Tax: 2088

Listing Information

Listing Contract Date: 2024-05-10

Property Information

Property Sub Type: Multi Family
Building Area Total: 2614
Est Age Range: 51 - 75 Yrs
# Spaces off-Street: 3
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Type: None

Remarks Directions

Directions: Head northeast on S Main St Turn left onto Wood St Turn right onto S Franklin St Destination will be on the left

Status Change Information

Purchase Contract Date: 2024-05-28
Close Date: 2024-08-09

Expenses

Annual Gross Income: 37800
Annual Water Exp: 1848
Annual Sewer Exp: 300
Annual Real Est Tax: 2088
Total Annl Expenses: 5436
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 1200
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 33364

More Information

Unit 1 Info

Unit #: Yes
# Rooms: 6
# Bedrooms: 2
# Baths: Yes
Heat in Rent: N
Hot Water in Rent: Y
Approx SF: 800
Monthly Rent: 900
Kitchen Style: Modern
Lease: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 914
# Rooms: 7
Monthly Rent: 1000
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: N
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: 1000
# Rooms: 7
Monthly Rent: 1250
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: N
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 refrigerators, 3 stoves
Exclude: tenants personal property
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Very Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Other - See Remarks: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Very Good Exterior: Vinyl

Listing Office: Real Broker LLC d/b/a Real of Pennsylvania

Listing Agent: Aly Diaz

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing