$265,000
SOLD JUN 28, 2024
8 Beds
3 Baths
3,376 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

4% Below List Price

11 Days on Market

About This Home

As of June 2024

Definitely a fantastic investment with three units in West Scranton. The property's layout is appealing, with the 4-bedroom unit on the 1133 side boasting a bright sunroom and spacious kitchen, while the 1131 side offers two separate 2-bedroom units, providing a diverse rental opportunity.The fact that each tenant is responsible for their own gas and electric expenses is a significant advantage, contributing positively to your cash flow. Additionally, the presence of off-street parking adds convenience and value to the property, which can be a big selling point for tenants.It's also reassuring to know that you have long-term tenants who are interested in staying, providing stability and consistency to your rental income. With such a promising setup, you may want to explore potential strategies for further enhancing the property's value or optimizing your management approach.

Last Agent to Sell the Property

Que Tran

LUXE Homes Real Estate LLC License #RM425260 Listed on: 04/26/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129

Interior Spaces

  • 3,376 Sq Ft Home
  • 3-Story Property
  • Electric Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Pad
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water, trash collection, taxes
  • Assessor Parcel Number 15609050015
  • $10,500 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Main Ave into West Scranton. Right on to Eynon St. Left on 12th Ave. Left on W Elm St. House on the Right.
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 3376
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1552.41
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Has Basement: Unfinished
  • Basement YN: Yes

Garage/Parking

  • Parking Features: Off Street, Parking Pad, On Street

Utilities

  • Cooling: None
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R2
  • Current Use: Residential
  • Lot Dimensions: 40X129
  • Parcel #: 15609050015

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water, Trash Collection, Taxes

Tax Info

  • Tax Year: 2023
  • Tax Book Number: 202105526
  • Tax Other Annual Assessment Amount: 10500

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

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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
06/28/2024 06/28/24 Sold $265,000 -3.6% $78 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $275,000 -- $81 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC2209

Greater Scranton Board of REALTORS®