03
OCT
OCT
$1,200,000
Wilkes-Barre, PA 18702
MLS# 13-1279
Status: Closed
28616 sqft
1 / 9
Property Description
Fully occupied 1 & 2 bedroom apartments in 25 unit building currently set up as a 50 and over home. There are 13-2bdrm apartments @ $675 and 12-1bdrms @ $600. Tenants pay everything but water and sewer. There are 2 large community rooms, automatic backup generator, sprinkler system, maintainence and trash room on all 4 floors with air. This is a true turn key investment in great shape!
Details
Listing Information
Current Price: $1,075,000
Sold Price: $1,075,000
Listing Contract Date: 2013-04-04
Limited Service: No
Property Information
Property Sub Type: Multi Family
Building Area Total: 28616
Year Built: 1984
Est Age Range: 21 - 30 Yrs
# Spaces off-Street: 10
Parking: Off-Street
Location Legal Taxes
Street Number: 464
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
Remarks Directions
Directions: S Main to Academy to S Franklin
Status Change Information
Status: Closed
Purchase Contract Date: 2013-05-22
Close Date: 2013-08-01
Close Price: 1075000
Expenses
Annual Gross Income: 164125.72
Annual Electric Exp: 11060.42
Annual Othr Fuel Exp: 268.81
Annual Water Exp: 7533.94
Annual Sewer Exp: 8949.5
Annual Garbage Remvl: 3030
Annual Real Est Tax: 24572.35
Annual Snow Removal: 437.5
Appliances
# Ranges: 25
# Refrigerators: 25
Unit 1 Info
Unit #: 1
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Heat in Rent: N
Hot Water in Rent: Y
Unit 2 Info
Unit #: 2
Property Features
Heat Fuel Type: Electric
AC Type: Other - See Remarks
Condition: Very Good
Exterior: Brick
Hot Water Heater: Electric
Basement: None
MF Amenities: Dumpster
Listing Office: Classic Properties Kingston
Listing Agent: Larissa Cleary
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
