1200 Main St Scranton, PA 18519
12
Beds
5
Baths
5,637
Sq Ft
0.5
Acres
Highlights
- 0.5 Acre Lot
- Corner Lot
- Dining Room
- Orchard
- Living Room
- Baseboard Heating
About This Home
As of October 2024This 5unit, huge, extra-ordinary Multifamily is an investor's dream come true with the property bringing in potentially estimated $63000annual in gross Income!! Accessible location and within walking distance to shopping and dining. Five minutes from Scranton, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Walmart, Home Depot and all amenitiesand in the heart of Dickson city, Pennsylvania. This ready to go Multifamily property boasts of 5 beautiful apartments; where you have the advantage to live in one of the units as luxury and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the front of the building was a store and was converted into newly and modernly-renovated apartments. Minimal taxes, insurance and maintenance. Landlord only pays sewer and garbage!! Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! Close to Viewmont Mall, . Have the space for yourself and/or tenant! Ample parking in driveway and on the street. Close to Lehigh Valley Hospital, Scranton and I-81 highway access from Main Street. Basement may be additional rental incomes if new buyer wants to finish. Newly painted exterior steps, decks, doors, windows and railings. Won't lastlong! LA is owner and has vested interest in the property and has taken very good care of the property. Must see if you are looking for a property to make you some serious CASH as passive rental income!!! New roof and all units are renovated and remodeled.
Last Agent to Sell the Property
Iron Valley Real Estate Greater Scranton License #AB069622 Listed on: 01/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,904
Year Built
- Built in 1935
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 50x150
- Corner Lot
- Level Lot
- Orchard
Home Design
- Wood Roof
- Composition Roof
- Aluminum Siding
- Plaster
- Stucco
Interior Spaces
- 5,637 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 11413030045
- $8,500 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $1,292
- Trash Expense $100
- Gross Income $63,000
- Net Operating Income $60,171
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
Oct 29, 2024
Sold by
Jasmine Ahuja Realty Group Llc
Bought by
1200 Main Street Llc
Seller's Agent
JASMINE AHUJA
Iron Valley Real Estate Greater Scranton
Buyer's Agent
Chelsea Aleksich
Keller Williams RE Stroudsburg
List Price
$499,999
Sold Price
$429,999
Premium/Discount to List
-$70,000
-14%
Views
301
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.98%
Original Mortgage
$321,750
Outstanding Balance
$319,186
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$75,347
Purchase Details
Closed on
Jul 18, 2019
Sold by
Griggs William
Bought by
Jasmine Ahuja Realty Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 28, 2014
Sold by
J P Morgan Alternative Loan Trust 2006 S
Bought by
Griggs William
Purchase Details
Closed on
Apr 28, 2014
Sold by
Perez Luz and Perez Jorge
Bought by
J P Morgan Alternative Loan Trust2006 S2
Purchase Details
Closed on
Jan 6, 2011
Sold by
Perez Jorge and Perez Luz M
Bought by
Swinka Realty Investments Llc
Purchase Details
Closed on
Dec 19, 2005
Sold by
Thornton Philip R and Thornton Kelley S
Bought by
Perez Jorge and Perez Luz M
Similar Homes in Scranton, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $429,999 | None Listed On Document | |
| Deed | $125,000 | Home Abstract & Setmnt Llc | |
| Special Warranty Deed | $33,500 | None Available | |
| Sheriffs Deed | $1,044 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $463 | None Available | |
| Deed | $155,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $321,750 | New Conventional | |
| Previous Owner | $232,000 | Purchase Money Mortgage | |
| Closed | $0 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $1,150 | -8.0% | -- |
| 05/29/2025 05/29/25 | Price Changed | $1,250 | -3.8% | -- |
| 04/25/2025 04/25/25 | For Rent | $1,299 | 0.0% | -- |
| 10/29/2024 10/29/24 | Sold | $429,999 | 0.0% | $76 / Sq Ft |
| 08/12/2024 08/12/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | Price Changed | $429,999 | -1.1% | $76 / Sq Ft |
| 06/17/2024 06/17/24 | Price Changed | $435,000 | -1.1% | $77 / Sq Ft |
| 05/24/2024 05/24/24 | Price Changed | $440,000 | -1.1% | $78 / Sq Ft |
| 05/11/2024 05/11/24 | Price Changed | $445,000 | -0.9% | $79 / Sq Ft |
| 05/04/2024 05/04/24 | Price Changed | $449,000 | -0.2% | $80 / Sq Ft |
| 04/23/2024 04/23/24 | Price Changed | $449,999 | -1.1% | $80 / Sq Ft |
| 04/16/2024 04/16/24 | Price Changed | $455,000 | -2.2% | $81 / Sq Ft |
| 03/20/2024 03/20/24 | Price Changed | $465,000 | -2.1% | $82 / Sq Ft |
| 03/11/2024 03/11/24 | Price Changed | $475,000 | -3.9% | $84 / Sq Ft |
| 02/08/2024 02/08/24 | Price Changed | $494,444 | -1.1% | $88 / Sq Ft |
| 02/06/2024 02/06/24 | Price Changed | $499,995 | +1.0% | $89 / Sq Ft |
| 02/06/2024 02/06/24 | Price Changed | $494,999 | -1.0% | $88 / Sq Ft |
| 01/15/2024 01/15/24 | For Sale | $499,999 | -- | $89 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $2,225 | $8,500 | $0 | $8,500 |
| 2024 | $1,859 | $8,500 | $0 | $8,500 |
| 2023 | $1,859 | $8,500 | $0 | $8,500 |
| 2022 | $1,812 | $8,500 | $0 | $8,500 |
| 2021 | $1,812 | $8,500 | $0 | $8,500 |
| 2020 | $1,787 | $8,500 | $0 | $8,500 |
| 2019 | $1,657 | $8,500 | $0 | $8,500 |
| 2018 | $1,628 | $8,500 | $0 | $8,500 |
| 2017 | $1,628 | $8,500 | $0 | $8,500 |
| 2016 | $963 | $8,500 | $0 | $0 |
| 2015 | -- | $8,500 | $0 | $0 |
| 2014 | -- | $8,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jason Heimrich
LUXE Homes Real Estate
-
J
Seller's Agent in 2024
JASMINE AHUJA
Iron Valley Real Estate Greater Scranton
-
C
Buyer's Agent in 2024
Chelsea Aleksich
Keller Williams RE Stroudsburg
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC654
APN: 11413030045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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