$230,000
SOLD MAR 23, 2023
-- Bed
-- Bath
3,330 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

18% Below List Price

29 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Level Lot

About This Home

As of March 2023

This well-maintained four-unit property with features two buildings one with three units and one small home all with separate utilities offers a great opportunity for investors looking for a strong return on their investment. The property features 3 spacious 3-bedroom, 1-bathroom units and 1 cozy 1-bedroom, 1-bathroom unit. Each unit has separate utilities, making it easy to manage. The total rent for all units is $3,200 per month, providing a projected cap rate of over 10%. This property is a smart investment opportunity in a desirable area, close to all amenities and transportation. Don't miss out on this rare opportunity to own a piece of real estate in this area at the price of $259,000. Schedule a showing today!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1730.00

Last Agent to Sell the Property

Sunita Arora

ERA One Source Realty License #RM061605A Listed on: 01/30/2023

Last Buyer's Agent

Sunita Arora

ERA One Source Realty License #RM061605A Listed on: 01/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,540

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 66x75
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,330 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14514050020
  • $11,400 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,540

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Main Avenue to Swetland, home on the corner of Swetland and Evans.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3330
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1630.05
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco, Vinyl Siding
  • RoadFrontageLength: 66.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 66X75
  • Additional Parcels: No
  • Parcel #: 14514050020
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3539.83
  • Tax Book Number: 1111/0295
  • Tax Other Annual Assessment Amount: 11400

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 38400

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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
03/23/2023 03/23/23 Sold $230,000 -17.6% $69 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $279,000 +206.6% $84 / Sq Ft
09/14/2018 09/14/18 Sold $91,000 0.0% $27 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $91,000 +9.6% $27 / Sq Ft
03/30/2017 03/30/17 Sold $83,000 -24.5% $20 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
02/01/2016 02/01/16 For Sale $110,000 -- $27 / 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: GSB23305

Greater Scranton Board of REALTORS®