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
- Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 1
- Parking features
- Off Street
- Exterior features
- Brick, Vinyl
- Basement
- Dirt Floor
- Standard status
- Active
- APN
- 38-G9S1-005-002
- Size
- 2,774 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
- Electric (Heating), Baseboard
- 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 14, 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.
The property provides paved parking in front for three cars, with stated potential for additional off-street parking in the rear if needed.
The building is located at 20 Franklin Street in Larksville, Pennsylvania, within Community Business zoning.
Key Highlights
- Three‑unit property: two units currently rented and one unit vacant
- Each unit includes 4 rooms with 2 bedrooms and a modern kitchen and bath
- Paved off‑street parking in front for 3 cars; potential for additional off‑street parking in the rear
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 | $35.0k | $12.60 |
| − Vacancy | −$3.0k | −$1.07 |
| EGI | $32.0k | $11.53 |
| − OpEx | −$9.6k | −$3.46 |
| NOI | $22.4k | $8.07 |
