425 S FRANKLIN Street, Wilkes-Barre, PA 18702 (MLS# 16-5285)
03
OCT
  • TradeMark Realty Group
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$675,000
425 S FRANKLIN Street
Wilkes-Barre, PA 18702
MLS# 16-5285
Status: Closed
30618 sqft
425 S FRANKLIN Street, Wilkes-Barre, PA 18702
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Property Description
This very attractive old school was transformed into a 24 unit building with 100% occupancy, all units have city occupancy permits, separate gas and electric, secured building with cameras inside and out and key fab entry, first floor coin op laundry, off street parking for 30 vehicles and most units have the really high ceilings! 5- 2beds, 8 lofts and 11- one bedrooms.

Details
Listing Information
Current Price: $675,000
List Price: $675,000
List Date: 2016-09-29
Limited Service: No
Property Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Style: 3 or More Units
Aprx Total SF: 30618
Est Age Range: 100 Plus Yrs
Lot Size: .78
Garage Type: None
# Spaces off-Street: 30
Location Legal Taxes
House # (1): 425
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
Remarks Directions
Directions: to Academy to left on South Franklin. Building is on the right half way up the block.
Status Change Information
Status: Closed
Under Contract Date: 2016-09-29
Sold Date: 2016-10-07
Expenses
Annual Gross Income: 145224
Annual Electric Exp: 3349.95
Annual Gas Exp: 3349.95
Annual Water Exp: 10381.77
Annual Sewer Exp: 5278.72
Annual Real Est Tax: 19492.89
Annual Fire/Liabilty: 5100
Total Annl Expenses: 46875.72
Anl Net Inc b/4 Debt: 98348.28
Appliances
# Ranges: 18
# Refrigerators: 17
Unit 1 Info
Unit #: 12
Approx SF: 1190
# Rooms: 4
Monthly Rent: 600
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 35
Approx SF: 550
# Rooms: 1
Monthly Rent: 475
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
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 #: 39
Approx SF: 975
# Rooms: 3
Monthly Rent: 550
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 25
Approx SF: 750
# Rooms: 3
Monthly Rent: 475
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 5 Info
Unit #: 28
Approx SF: 1175
# Rooms: 4
Monthly Rent: 575
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 6 Info
Unit #: 31
Approx SF: 1175
# Rooms: 4
Monthly Rent: 575
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 7 Info
Unit #: 37
Approx SF: 550
# Rooms: 1
Monthly Rent: 475
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 8 Info
Unit #: 14
Approx SF: 550
# Rooms: 1
Monthly Rent: 475
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 9 Info
Unit #: 22
Approx SF: 725
# Rooms: 3
Monthly Rent: 525
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 10 Info
Unit #: 38
Approx SF: 725
# Rooms: 3
Monthly Rent: 525
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Forced Air
AC Type: Window Units
Condition: Good
Exterior: Brick
Roof: Rolled
Interior Finish: Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Concrete Floor; Dirt Floor; Partial; Unfinished
MF Amenities: Coin-Op Washer/Dryer; Dumpster

Listing Office: Classic Properties Kingston

Listing Agent: Larissa Cleary

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.

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