485 S Franklin Street, Wilkes-Barre, PA 18702 (MLS# 25-6068)

485 S Franklin Street, Wilkes-Barre, PA 18702

$429,900

Property Type: Residential Income Square Footage: 6,000 Status: Closed

Current Price: $429,900 List Date: 1/21/2026 Last Modified: 3/20/2026

Overview

Description

Great charming 6 unit property. 5 apartments in front building and 1 unit above garage in back building currently vacant ready for the new owner to occupy. Large 2 care garage perfect for extra storage or income opportunity. This building has strong heritage in the region and close to the college campus. Coin Laundry on premises.

Listing Details MLS# 25-6068

Location, Tax & Legal

Street Number: 485
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: Residential
PIN #: H9SE4032027-73
DB/Record Book: 3022
Page: 191084
Total County Assmnt: 146000
Est County Tax: 1178.91
Est Total Tax: 4701.2

Listing Information

Listing Contract Date: 2025-12-03

Property Information

Property Sub Type: Multi Family
Building Area Total: 6000
Est Age Range: 76 - 100 Yrs
# Spaces off-Street: 8
Parking: Off-Street
Realtor.COM Type: Multi-Family
Garage Stalls: 2
Garage Type: Detached

Remarks Directions

Directions: Up Academy toward Hazle, Right at Franklin.

Status Change Information

Purchase Contract Date: 2026-01-21
Close Date: 2026-02-13

Expenses

Annual Gross Income: 53100
Annual Electric Exp: 480
Annual Gas Exp: 5400
Annual Water Exp: 2300
Annual Sewer Exp: 2400
Annual Real Est Tax: 5060
Total Annl Expenses: 17840
Annual Othr Fuel Exp: 0
Annual Fire/Liabilty: 2200
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Anl Net Inc b/4 Debt: 35260

More Information

Appliances

# Ranges: 6
# Refrigerators: 6
# Washer: Yes
# Dryers: Yes

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: 2
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 800
Monthly Rent: 850
Kitchen Style: Ordinary
Lease: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 875
# Bedrooms: 2
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

Unit 3 Info

Unit #: 3
Approx SF: 700
# Rooms: 3
Monthly Rent: 950
# Bedrooms: Yes
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

Unit 4 Info

Unit #: 4
Approx SF: 900
# Rooms: 4
Monthly Rent: 900
# Bedrooms: 2
Kitchen Style: Semi-Modern
# 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

Unit 5 Info

Unit #: 5
Approx SF: 800
# Rooms: 3
Monthly Rent: 850
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 900
# Rooms: 4
Monthly Rent: 0
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Remarks & Directions

Include: 6 Refrigerators, 6 Stoves, Coin Washer & Dryer
Hot Sheet Comment: price

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Drywall: Yes
Plaster: Yes

Heat Type

Forced Air: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Brick: Yes
Wood: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Concrete Floor: Yes
Dirt Floor: Yes
Full Unfinished: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Good Exterior: Brick; Wood Basement: Full Unfinished

Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn

Listing Agent: Dawn R Wiringer

Last Updated: March - 20 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing