$315,000
SOLD DEC 18, 2024
7 Beds
11 Baths
5,200 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Rear Porch
  • Living Room
  • Vinyl Flooring
  • Eat-In Kitchen
  • Dining Room
  • Back Yard

About This Home

As of December 2024

This updated, 4-unit building in Scranton offers a unique investment with strong income potential. The property includes two spacious 3-bedroom, 1-bath apartments, a cozy 1-bedroom, 1-bath unit, and a versatile storefront with a dedicated bathroom--ideal for small businesses. Each unit has been renovated with separate utilities besides water, featuring new gas heating units, water heaters, and updated electrical and plumbing systems for ease of maintenance. The location is unbeatable: within walking distance to Main Ave's bustling restaurants and shops, and close to schools, stores, and downtown Scranton. Whether you're a new investor or looking to expand your portfolio, this property promises consistent cash flow and long-term value in a desirable area. Don't miss out on this mix-use gem!Rents are market value priced.Measurements aren't Guaranteed or Warranted

Last Agent to Sell the Property

Thomas Exeter

Christian Saunders Real Estate License #RS353357

Last Buyer's Agent

Rebecca O'Brien

Coldwell Banker Town & Country Properties License #RS349939

Coldwell Banker Town & Country Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x81x25x77
  • Back Yard

Home Design

  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • On-Street Parking
  • Outside Parking

Outdoor Features

  • Rear Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for sewer, water, trash collection, taxes
  • Assessor Parcel Number 14518030006
  • $13,500 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,042

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Directions: Take Main ave and turn down Jackson street. The building is on your left.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.04
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1935
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Back Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3700
  • Architectural Style: Complex
  • Reso Interior Features: Eat-in Kitchen
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Insulated Windows
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1995.96
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Has Basement: Unfinished
  • Flooring: Vinyl
  • Basement YN: Yes
  • Below Grade Sq Ft: 1500

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Foundation Details: Stone
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Parking Features: On Street, Outside

Utilities

  • Cooling: None
  • Heating: Natural Gas, Separate Meters
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: c
  • Current Use: Mixed Use
  • Lot Dimensions: 25X81X25X77
  • Parcel #: 14518030006
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Water, Trash Collection, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4042.23
  • Tax Book Number: 201909742
  • Tax Other Annual Assessment Amount: 13500

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Map

Range of Values:

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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 Change Sq Ft Price
12/18/2024 12/18/24 Sold $315,000 -3.1% $61 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $325,000 +712.5% $63 / Sq Ft
06/19/2019 06/19/19 Sold $40,000 -20.0% $9 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $49,999 -- $11 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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 $4,442 $13,500 $2,650 $10,850
2024 $4,066 $13,500 $2,650 $10,850
2023 $4,066 $13,500 $2,650 $10,850
2022 $3,977 $13,500 $2,650 $10,850
2021 $3,977 $13,500 $2,650 $10,850
2020 $3,904 $13,500 $2,650 $10,850
2019 $3,674 $13,500 $2,650 $10,850
2018 $3,674 $13,500 $2,650 $10,850
2017 $3,611 $13,500 $2,650 $10,850
2016 $1,165 $13,500 $2,650 $10,850
2015 $2,626 $13,500 $2,650 $10,850
2014 -- $13,500 $2,650 $10,850
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Credit Line Revolving
Previous Owner $30,194 Commercial
Previous Owner $25,194 Commercial
Previous Owner $15,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $315,000 None Listed On Document
Deed $40,000 None Available
Quit Claim Deed -- --
Source: Public Records

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC5736

Greater Scranton Board of REALTORS®

APN: 14518030006