$370,000
SOLD FEB 10, 2025
-- Bed
-- Bath
3,240 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Open Floorplan
  • Walk-in Shower
  • Electric Baseboard Heater
  • Colonial Architecture
  • Combination Kitchen and Dining Room

About This Home

As of February 2025

INVESTORS! HOUSE HACKERS! Prime Triplex Opportunity!!

This recently renovated triplex offers a rare combination of modern updates, spacious living, and excellent income potential. With a total of 9 bedrooms and 3 bathrooms, this property is perfect for investors or owner-occupants seeking a high-performing multi-family property in the heart of Scranton’s vibrant Hyde Park neighborhood.

• Three Spacious Units: Each unit boasts 3 bedrooms and 1 bathroom, ideal for families or tenants looking for comfortable, roomy accommodations.
• Updated Kitchens: Modern appliances, stylish cabinetry, and plenty of counter space make these kitchens a standout feature.
• Renovated Bathrooms: Contemporary fixtures and finishes provide a fresh and welcoming feel.
• Ample Living Space: Each unit is thoughtfully designed with generous layouts to meet tenants’ needs.
• Laundry Hookups: Convenient laundry options for each unit, plus access to a clean basement for additional storage.
• Turnkey Opportunity: With 9 bedrooms total, this property is move-in ready for tenants or an owner-occupant.
• Rental Income Potential: Capitalize on the demand for spacious rental units and maximize your cash flow.
• Low Maintenance: Recent renovations mean fewer upfront expenses and a solid foundation for long-term returns.
• Centrally located in Hyde Park, close to schools, parks, shopping, and dining.
• Easy access to major highways for convenient commuting.
• Situated in a desirable neighborhood with growing demand for quality rentals.

Whether you’re building your portfolio or searching for a property that combines comfort and income potential this 9 bedrooms and 3 bathrooms triplex is a must-see!

Schedule your showing today and secure this incredible opportunity!

Last Agent to Sell the Property

Quinn Fenwick

(551) 337-1429 realestatequinngroup@gmail.com Ramos Realty Listed on: 12/19/2024

Last Buyer's Agent

Nicholas Doucet

(484) 288-9832 nick.doucet@compass.com Compass RE License #RS370603

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 2004

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 70 x 48

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-in Shower
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Partially Finished Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Schools

  • Frances Willard Elementary School
  • West Scranton Middle School
  • West Scranton High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, insurance
  • Assessor Parcel Number 15613070062

Community Details

Overview

  • 3 Units
  • 2-Story Building
  • Z Not In List Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,850
  • Maintenance Expense $1,150
  • Operating Expense $6,037
  • Gross Income $54,000
  • Net Operating Income $45,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,037

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Oven/Range - Electric
  • Interior Amenities: Bathroom - Stall Shower, Floor Plan - Open, Dining Area, Combination Kitchen/Dining
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 4836
  • Living Area Sq Ft: 3240
  • Price Per Sq Ft: 108.02
  • Above Grade Finished Sq Ft: 3240
  • Below Grade Sq Ft: 1596
  • Total Below Grade Sq Ft: 1596
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FRANCES WILLARD
  • High School: WEST SCRANTON
  • Middle Or Junior School: WEST SCRANTON

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 70 X 48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Taxes - Real Estate, Insurance
  • Rent Control: No
  • Total Actual Rent: 54000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3036.64
  • Assessor Parcel Number: 15613070062
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 51300.00
  • Gross Scheduled Income: 54000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6036.64
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: SCRANTON

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $370,000 +5.7% $114 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $350,000 -- $108 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALW2000404

Bright MLS