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547-549 S Franklin Street, Wilkes-Barre, PA 18702

$345,000
547-BATH 547-BR1 547-BR2 547-BR3 547-DR 547-DRalt 547-HALL DRAWERS 547-HALL entry 547-KITCHEN 547-LR 547-LRalt 551-BATH 551-BR1 551-BR2 551-HALL alt 551-HALL 551-KITCHEN 551-LR, DR 551-LR, DRalt 553-BATH 553-BATHalt 553-BR1 553-BR1alt 553-BR2 553-BR2alt 553-BR3 553-BR3alt 553-DR 553-DRalt RACE ST LOT Autumn RACE ST LOT Summer 551-553 S Franklin Front
Property Type: Residential Income Square Footage: 4,800 Status: Closed
Current Price: $345,000 List Date: 1/16/2023 Last Modified: 7/25/2026

Overview

Description

Come check out this AWESOME investor special. This listing contains 4 Rental Units and a vacant lot. All utilities are split per unit with great off street parking.

Listing Details MLS# 23-151

Location, Tax & Legal

House # (1)
547-549
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
Duplex
Realtor.COM Type
Multi-Family
Style
Double (Side x Side)
Aprx Total SF
4800
Est Age Range
76 - 100 Yrs

Remarks Directions

Directions
Franklin Street South towards South Wilkes Barre from Carey Ave. Properties on Right.

Status Change Information

Under Contract Date
2023-01-19
Sold Date
2023-04-10

Expenses

Annual Gross Income
23040
Annual Sewer Exp
498
Annual Real Est Tax
5217.59
Annual Fire/Liabilty
4939
Total Annl Expenses
5217.59
Anl Net Inc b/4 Debt
12542

More Information

Appliances

# Ranges
3
# Refrigerators
3

Unit 1 Info

Unit #
547
Approx SF
1200
# Rooms
7
Monthly Rent
640
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
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 #
549
Approx SF
1200
# Rooms
7
# Bedrooms
3
Kitchen Style
Ordinary
# 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 3 Info

Unit #
551
Approx SF
1200
# Rooms
7
Monthly Rent
640
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 4 Info

Unit #
553
Approx SF
1200
# Rooms
7
Monthly Rent
640
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Property Features

Heat Fuel Type: Gas Heat Type: Forced Air AC Type: None Condition: Good Exterior: Brick Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Electric Basement: Full Unfinished
Listing Office: ERA One Source Realty
Listing Agent: Kalen Birth
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.


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142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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