$680,000
Wilkes-Barre, PA
MLS# PW-231908
Status: Closed
7523 sqft

1 / 77
Property Description
Stately historic brick building with carriage house offers four exceptional and unique living spaces. The 4 units are highlighted with striking original features and details - Dramatic staircase, stunning doors, high ceilings, marble and tile fireplaces, arched bookcases, handsome moldings, generous window seats and architectural & stained-glass windows.- See all attachments, Baths: Y
Details
Location, Tax, and Legal
Street Additional Info: 248 S Franklin Street
Municipality: Luzerne County
High School District: Wilkes-Barre
Cnty&Muni Taxes (Legacy): 4262.59
School Tax Amount: 5190.79
Tax Annual Amount: 9453.38
Tax Assessed Value: 281600
Parcel Number: 73-H9SE3-018-006-000
Zoning Description: Other
Tax Book Number: 3001/121061
General Property Information
Number Of Buildings: 2
Number Of Units Total: 4
Lot Size Acres: 0.17
Lot Size Dimensions: 50x150
Water Body Name: None
Parking Total: 4
Basement YN: Yes
Stories: 3
List Price/SqFt: 92.38
Sold Price/SqFt: 90.39
Living Area: 7523
Remarks and Miscellaneous
Public Remarks: Stately historic brick building with carriage house offers four exceptional and unique living spaces. The 4 units are highlighted with striking original features and details - Dramatic staircase, stunning doors, high ceilings, marble and tile fireplaces, arched bookcases, handsome moldings, generous window seats and architectural & stained-glass windows.- See all attachments, Baths: Y
Status Change Information
Concessions: Yes
Buyer Financing: Cash
Concessions Amount: 10000
Major Change Timestamp: 2023-09-26T18:40:53Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-10
Close Date: 2023-09-22
Close Price: 680000
Construction Materials
Brick: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Electric: 1
Hot Water: 1
Natural Gas: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Oil, Gas and Mineral Rights
Gas Rights Reserved: None
Parking Features
Garage: 1
Paved: 1
Possession
Negotiable: 1
Road Frontage Type
Road Frontage Length: 50
City Street: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Income and Expenses
Electric Expense: 360
Gross Income: 65400
Heat Expense: 0
Insurance Expense: 5624
Licenses Expense: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 46894.62
New Taxes Expense: 9453.38
Operating Expense: 18505.38
Other Expense: 1843
Trash Expense: 0
Water Expense: 1111
Unit 1
Unit #: 1
Actual Rent: 1400
SqFt Total: 1687
Baths Total: 1
Beds Total: 1
Rooms Total: 5
Unit 2
Unit #: 2
Actual Rent: 1175
SqFt Total: 1552
Baths Total: 2
Beds Total: 2
Rooms Total: 5
Occupied YN: Yes
Unit 3
Actual Rent: 1200
SqFt Total: 1411
Baths Total: 1
Beds Total: 2
Rooms Total: 5
Occupied YN: No
Unit 4
Unit #: 4
Actual Rent: 1700
SqFt Total: 1817
Baths Total: 3
Beds Total: 2
Rooms Total: 5
Occupied YN: No
Documents Available
Lead-Based Paint Hazards Disclosure: 1
Contract Information
Current Price: $680,000
Sold Price: $680,000
Status: Closed
Listing Contract Date: 2023-06-07
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 248
Street Direction Prefix: S
Street Name: Franklin
Street Suffix: Street
County: Luzerne
State: PA
Subdivision Name: None
Property Features
Construction Materials: Brick
Cooling: Central Air; Wall/Window Unit(s)
Heating: Baseboard; Electric; Hot Water; Natural Gas
Levels: Three Or More
Listing Terms: Cash; Conventional
Parking Features: Garage; Paved
Possession: Negotiable
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Water Source: Public
Documents Available: Lead-Based Paint Hazards Disclosure
Listing Office: Lewith & Freeman Real Estate Hawley
Last Updated: September - 08 - 2024
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