NOT LISTED FOR SALE

Estimated Value: $324,000 - $393,000

6 Beds
2 Baths
2,040 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 02, 2025

Last sale price $325,000 $159 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,057/month

19 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Indoor Smart Camera
  • Front Porch
  • Living Room
  • Hot Water Heating System

About This Home

As of April 2025

This fully rented multifamily property is a fantastic investment opportunity. Each unit has separate utilities, making management straightforward. It features private balconies with views of the city. The property also includes a spacious backyard, offering additional appeal for tenants.Located in the Hill Section of Scranton, it's close to Nay Aug Park, hospitals, and major highways, ensuring convenience and demand. This is a hassle-free, income-generating property you don't want to miss. Schedule your showing today!Se habla espanol

Last Agent to Sell the Property

Amy Morel

LUXE Homes Real Estate LLC License #AB069546 Listed on: 01/08/2025

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Back Yard Fenced
  • Lot Sloped Down

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Combination Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Indoor Smart Camera
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,250
  • Total Actual Rent $29,400
  • Tenant pays for electricity, sewer, water, snow removal, hot water, gas
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 15707040036
  • Tax Block 560
  • $8,600 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,200
  • Net Operating Income $24,694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,506

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Directions: Take Wheeler ave from Scranton and turn right on Ash street. Go about .5 miles and make a left on Mark ave. House will be on the left.
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sloped Down
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2040
  • Architectural Style: Duplex Up & Down
  • Reso Interior Features: Eat-in Kitchen
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Duplex
  • AuctionYN: No
  • SchoolTaxAmount: 1271.50
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 1250.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer/Dryer, Refrigerator, Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Has Basement: Partially Finished
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes

Exterior Features

  • Roof: Flat
  • Fencing: Back Yard, Fenced
  • Waterfront: No
  • Exterior Features: Balcony, Smart Camera(s)/Recording, Private Yard
  • Foundation Details: Combination
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Hot Water, Natural Gas
  • Utilities: Electricity Available, Water Available, Water Connected, Sewer Available, Sewer Connected, Natural Gas Connected, Natural Gas Available, Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R2
  • Current Use: Multi-Family
  • Lot Dimensions: 50X150
  • Parcel #: 15707040036

Rental Info

  • Tenant Pays: Electricity, Sewer, Water, Snow Removal, Hot Water, Gas
  • Owner Pays: Insurance, Taxes

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 2506
  • Tax Annual Amount: 2506
  • Tax Block: 560
  • Tax Book Number: 202309092
  • Tax Other Annual Assessment Amount: 8600

Multi Family

  • Number Of Units Total: 2
  • Income Includes: ["Rent Only"]
  • Insurance Expense: 2200
  • Total Actual Rent: 29400
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Schweitzer David
Bought by
Dm Estates Llc
Current Estimated Value
$346,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Outstanding Balance
$162,988
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$183,873

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 27, 2023
Sold by
Vasquez Dianerva
Bought by
Schweitzer David
Seller's Agent
Thomas Exeter
Christian Saunders Real Estate
Buyer's Agent
Amy Morel
NextHome Maly Realty
List Price
$299,995
Sold Price
$284,000
Premium/Discount to List
-$15,995
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2012
Sold by
Vasquez Ottoniel and Vasquez Dianerva
Bought by
Vasquez Dianerva

Purchase Details

Closed on
Jun 5, 2006
Sold by
Gervasi Thomas and Gervasi Martha
Bought by
Vasquez Ottoniel and Vasquez Dianerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dm Estates Llc -- Madison Title
Schweitzer David $284,000 --
Vasquez Dianerva -- None Available
Vasquez Ottoniel $87,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Estates Llc $167,500
Previous Owner Schweitzer David $150,000
Previous Owner Vasquez Ottoniel $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2025 04/02/25 Sold $325,000 -1.5% $159 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $330,000 +16.2% $162 / Sq Ft
03/28/2023 03/28/23 Sold $284,000 -5.3% $118 / Sq Ft View Prior Sale
03/17/2023 03/17/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $299,995 -- $125 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,743 $8,600 $1,250 $7,350
2024 $2,506 $8,600 $1,250 $7,350
2023 $2,506 $8,600 $1,250 $7,350
2022 $2,450 $8,600 $1,250 $7,350
2021 $2,450 $8,600 $1,250 $7,350
2020 $2,404 $8,600 $1,250 $7,350
2019 $2,261 $8,600 $1,250 $7,350
2018 $2,261 $8,600 $1,250 $7,350
2017 $2,221 $8,600 $1,250 $7,350
2016 $662 $8,600 $1,250 $7,350
2015 $1,662 $8,600 $1,250 $7,350
2014 -- $8,600 $1,250 $7,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC250102

Greater Scranton Board of REALTORS®

APN: 15707040036