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541 S Franklin Street, Wilkes-Barre, PA 18702

$199,900
Front view Front view Front view Rear view Rear parking area PB150004 PB150005 PB150006 PB150007 PB150001 PB150009 PB150010 PB150008 PB150011 - Copy PB150012 - Copy PB150014 - Copy PB150015 - Copy PB150016 - Copy PB150017 - Copy PB160003 P9120003 P9120004 P9120005 P9120006 P9120007 P9120008 P9120009 P9120013 P9120015 P9120016 P9120018 P9120023 P9120027 P9120028 P9120029 Front view
Property Type: Residential Income Square Footage: 3,524 Status: Closed
Current Price: $199,900 List Date: 10/05/2021 Last Modified: 7/25/2026

Overview

Description

Stately 3 unit apartment building which has been completely remodeled inside and out! Rare opportunity with newer windows, siding, roof, interior walls, wiring, plumbing, and even kitchens and baths! All 3 units are large apartments containing 5 and 6 rooms with 2 to 3 bedrooms each. Very appealing two story layout for each unit with large rooms. off street parking for 4-5 cars. Separate utilities

Listing Details MLS# 21-4263

Location, Tax & Legal

House # (1)
541
Street Direction Pfx
S
Street Name
Franklin
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None

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
3524
Est Age Range
76 - 100 Yrs
Garage Type
None
# Spaces off-Street
4
Parking
Off-Street

Remarks Directions

Directions
South Franklin Street on right hand side heading South out of downtown Wilkes Barre between Garfield and Sullivan Streets

Status Change Information

Under Contract Date
2021-10-20
Sold Date
2022-01-14

Expenses

Annual Gross Income
26400
Annual Water Exp
1404.45
Annual Sewer Exp
596.45
Annual Real Est Tax
3174.38
Annual Fire/Liabilty
1249.26
Annual Other Misc
163.43
Total Annl Expenses
7341.9
Anl Net Inc b/4 Debt
19058.1

More Information

Appliances

# Ranges
3
# Refrigerators
3

Unit 1 Info

Unit #
Yes
Approx SF
900
# Rooms
5
Monthly Rent
700
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
900
# Rooms
5
Monthly Rent
750
# Bedrooms
2
Kitchen Style
Modern
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
1000
# Rooms
6
Monthly Rent
750
# Bedrooms
3
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard; Space Heater AC Type: None Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Electric; Gas Basement: Concrete Floor; Full Unfinished MF Amenities: Fire Escape; Porch; Street Lights
Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS
Listing Agent: Edmund Poggi III
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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