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533 S Franklin Street, 
Wilkes-Barre, PA 18702

$275,000


6

Beds


3

Baths


2,810

Sq Ft


Multi-Family

Active

Listed by

Kate Daye

Revolve Real Estate

570-800-6861

Last updated:

November 4, 2025, 07:04 PM

MLS#

SC255725

Source:

PA GSBR

About This Home

533 S Franklin Street

Stately Victorian Near Wilkes & King's University -- Lucrative Student Housing. This meticulously maintained 3-story Victorian blends timeless architectural character with thoughtful modern updates. Perfectly positioned just steps from Wilkes University and King's College, this property offers exceptional potential as an income-producing student rental or a beautiful single-family home filled with historic charm.Property Highlights include: 3 Stories | 6 Bedrooms | 3 Full Baths, one conveniently located on each level. Ft. gleaming hardwoods throughout, beautiful unpainted original woodwork, & stained glass windows, a quaint stone-laid side yard for warm-weather relaxation, plus 2nd floor laundry for added convenience.Modern Comfort Meets Historic Character here with each bedroom individually keyed, ideal for flexible use or student housing, New Wi-Fi-enabled ductless split units for efficient AC & heat, Brand new modern bath installed on the upper level, new kitchen flooring, stainless steel appliances, fresh paint, and updated fans & fixtures throughout. Freshly deep-cleaned and move-in ready.Get peace of mind through thoughtful upgrades. This property has been meticulously cared for with many behind-the-scenes updates designed to ensure long-term stability and efficiency with New energy-efficient windows on 2nd and 3rd floors, Roof and gutters professionally re-sealed and restored, New basement stairs and self-draining dehumidifier for a clean, dry lower level, Upgraded new sewer system, new garbage disposals and UV water filtration system, New breaker box for modernized electrical, New support beams, ensuring the structure is solid, secure, and well-maintained.Investment Snapshot:Proj Rent at 650/mo per bedroom. Annual Gross Income: 46,800. Annual Expenses incl. utilties: 12,171. Projected Net Operating Income: 34,629. Cap Rate 12.6.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1925

Price Summary

275,000

$97 per Sq. Ft.

MLS #:

SC255725

Last Updated:

November 4, 2025, 07:04 PM

Added:

14 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,810 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,810 Sq. Ft.

Year Built:

1925


Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$97 per Sq. Ft.

Source:PA GSBR
The information being provided by Greater Scranton Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Scranton Board Of REALTORS® Mls All rights reserved.

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