20 Franklin Street Larksville, PA 18704
MULTI_FAMILY - Larksville, PA
Property Features for 20 Franklin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Community Business
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Basement, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 2
- Parking features
- Off Street
- Exterior features
- Brick, Vinyl
- Basement
- Dirt Floor
- Standard status
- Active
- APN
- 38-G9S1-005-002
- Size
- 3,096 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Tenants personal property
- Tax Annual Amount
- 2321
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Listing agent Patricia Leighton License #AB069689 (570) 262-4569
Listing office C. A. Leighton Company Inc 15 Public Square, Wilkes-Barre, PA (570) 823-7144
Listing date Jul 15, 2026
Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Paved parking is provided in front of the property for three cars. There is also potential for additional off-street parking in the rear if needed.
The property is situated at 20 Franklin Street in Larksville, Pennsylvania, and is listed under Community Business zoning.
Key Highlights
- Modern 3‑unit property: two units rented and one vacant—ideal for an on‑site landlord
- Each unit features 4 rooms and 2 bedrooms, with a modern kitchen and bath
- Rear unit includes 4 rooms with 2 bedrooms, plus a modern kitchen and bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $12.60 |
| − Vacancy | −$3.3k | −$1.07 |
| EGI | $35.7k | $11.53 |
| − OpEx | −$10.7k | −$3.46 |
| NOI | $25.0k | $8.07 |
