475 S FRANKLIN, Wilkes-Barre, PA 18702 (MLS# 10-2165)

475 S FRANKLIN, Wilkes-Barre, PA 18702

$199,000

Virtual Tour

http://www.475southfranklin.info/

Property Type: Residential Income Square Footage: 5,863 Status: Closed

Current Price: $199,000 List Date: 6/02/2010 Last Modified: 9/10/2024

Overview

Description

Almost 6,000 sq ft-1st floor currently commercial office with 4 additional apartments with 5 garages and off street parking. Beautifully architectured building close to prestigious Wilkes University. Extremely lucrative investment property. Sure to appreciate! Estimated gross annual income $41,100. Full cash flow analysis & virtual tour at www.475SouthFranklin.info

Listing Details MLS# 10-2165

Location, Tax & Legal

Street Number: 475
Street Direction Prefix: S
Street Name: FRANKLIN
State: PA
Postal Code: 18702
County: Luzerne
MLS Area Major: Wilkes Barre
SchoolDistrict: Wilkes-Barre
Township: Wilkes Barre City
Subdivision Name: None
Zoning: Commercial
PIN #: 73-H9SE4 -032-025-000
DB/Record Book: 2614
Page: 33
Total County Assmnt: 166600
Est County Tax: 868.82
Est Total Tax: 3896.4

Listing Information

Listing Contract Date: 2010-06-01

Property Information

Property Sub Type: Multi Family
Building Area Total: 5863
Est Age Range: 100 Plus Yrs
# Spaces off-Street: 4
Parking: Off-Street
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Garage Stalls: 5
Garage Type: Detached

Remarks Directions

Directions: Academy St. onto S. Franklin-Go down 2 blocks-Property on the right - No Sign

Status Change Information

Purchase Contract Date: 2010-08-06
Close Date: 2010-10-15

Expenses

Annual Gross Income: 41100
Annual Electric Exp: 1500
Annual Gas Exp: 6000
Annual Water Exp: 1000
Annual Sewer Exp: 700
Annual Real Est Tax: 3896.4
Total Annl Expenses: 14496.4
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 1400
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 26603.6

More Information

Appliances

# Ranges: 5
# Refrigerators: 5

Unit 1 Info

Unit #: Yes
# Rooms: 5
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 1773
Monthly Rent: 1000
Kitchen Style: Ordinary
Lease: Y
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 1700
# Rooms: 6
Monthly Rent: 850
# Bedrooms: 3
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 5 Stoves, 5 refrigerators.
Exclude: Tenants Belongings
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Plaster: Yes

Heat Type

Steam: Yes

Condition

Good: Yes

AC Type

Central: Yes
Window Units: Yes

Water

Public: Yes

Exterior

Brick: Yes
Stucco: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes
Rubber: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

MF Amenities

Fire Escape: Yes
Street Lights: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: Central; Window Units Condition: Good Exterior: Brick Hot Water Heater: Gas Basement: Full Unfinished MF Amenities: Fire Escape

Listing Office: Marilyn K Snyder Real Estate Inc

Listing Agent: John McKenna

Last Updated: September - 10 - 2024

Information deemed reliable but not guaranteed.

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