581-579 N Franklin Street, Wilkes-Barre, PA 18702 (MLS# 25-4045)

581-579 N Franklin Street, Wilkes-Barre, PA 18702

$250,000

Property Type: Residential Income Square Footage: 3,300 Status: Closed

Current Price: $250,000 List Date: 8/13/2025 Last Modified: 12/08/2025

Overview

Description

4 Unit Apartment Building located right behind W-B General Hospital with 5 to 6 OSP spaces. 3 units occupied (see rent amounts in description) 1 unit is vacant and easy to show. W/D hook ups in each unit. Gas & water are one, Electric is separate. Long term tenants from 2 to 20 years. Property has nice curb appeal. You can see the vacant unit initially. If you like what you see and are serious...

Supplements: about making an offer, arrangements will be made to see the remaining 3 units. Pictures of 581, 1st & 2nd floor units are from prior to current tenants moving in, just to give a flavor of each unit. This is an As Is sale. There are 4 gas meters on site but currently one thermostat and owner pays the gas. Potential for the new owner to separate. 2 ... (Read more)

Listing Details MLS# 25-4045

Location, Tax & Legal

Street Number: 581-579
Street Direction Prefix: N
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 #: 73-H10NW2-026-007-000
DB/Record Book: 03005
Page: 235165
Total County Assmnt: 74000
Est County Tax: 470
Est Total Tax: 2802

Listing Information

Listing Contract Date: 2025-08-11
Limited Service: No

Property Information

Property Sub Type: Multi Family
Building Area Total: 3300
Est Age Range: 76 - 100 Yrs
# Spaces off-Street: 6
Parking: Off-Street
Realtor.COM Type: Multi-Family
Garage Stalls: No
Garage Type: None

Remarks Directions

Directions: N Main St W-B, to a Left on E Elm, Left on N Franklin. Property is on the Left. Permit parking on street. Pull in the driveway and park in the rear. (Located behind G.H. Emergency Room)

Status Change Information

Purchase Contract Date: 2025-08-14
Close Date: 2025-11-07

Expenses

Annual Gross Income: 29520
Annual Gas Exp: 4238
Annual Water Exp: 2323
Annual Sewer Exp: 194
Annual Real Est Tax: 2802
Annual Electric Exp: 0
Annual Othr Fuel Exp: 0
Annual Garbage Remvl: 0
Annual Fire/Liabilty: 2900
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 0
Anl Net Inc b/4 Debt: 0

More Information

Appliances

# Ranges: 3
# Refrigerators: 4
# Washer: 2
# Dryers: 3

Unit 1 Info

Unit #: Yes
# Rooms: 4
# Bedrooms: Yes
# Baths: Yes
Heat in Rent: Y
Hot Water in Rent: Y
Approx SF: 780
Monthly Rent: 900
Kitchen Style: Ordinary
Lease: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 780
# Rooms: 4
Monthly Rent: 850
# Bedrooms: Yes
Kitchen Style: Ordinary
# 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: 780
# Rooms: 4
Monthly Rent: 0
# 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 4 Info

Unit #: 4
Approx SF: 780
# Rooms: 3
Monthly Rent: 710
# 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

Remarks & Directions

Include: 4 Refrigerators, 1 Washer, 2 Dryers, 3 Stoves....All As Is
Exclude: W/D in 581 1st Fl., Washer in 579 1st Fl.
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes
Gas: Yes

Interior Finish

Plaster: Yes

Heat Type

Electric Baseboard: Yes
Steam: Yes

Condition

Good: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Gas: Yes

Basement

Concrete Floor: Yes
Unfinished: Yes
None: Yes

MF Amenities

Porch: Yes
Street Lights: Yes

Property Features

Heat Fuel Type: Electric; Gas AC Type: None Condition: Good Exterior: Vinyl Hot Water Heater: Gas Basement: Unfinished; None

Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS

Listing Agent: Holly Nealon

Last Updated: December - 08 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing