NOT LISTED FOR SALE

1301 Main St Scranton, PA 18519

8 Beds
8 Baths
3,800 Sq Ft
3,920 Sq Ft Lot

Last Sold June 26, 2024

Last sale price $520,000 $137 Per Sq Ft

28 Days on Market

About This Home

As of June 2024

Attention Investors! 7+ Unit Building in Mid Valley. Several Units Renovated. 1 Unit Vacant And Currently Being Updated. Positive Cashflow! Currently:$78,300 Gross Income$26,600 Expenses$51,700 Net ProfitDon't Miss This Opportunity to Grow Your Portfolio.

Last Agent to Sell the Property

Patrick Mascia

Keller Williams Real Estate-Clarks Summit License #AB067756 Listed on: 04/11/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Rita Tischler

Keller Williams Real Estate-Clarks Summit License #RS346646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 44x90x44x93

Home Design

  • Poured Concrete

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • Parking Pad
  • On-Street Parking

Additional Features

  • City Lot
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 11409070023
  • $11,600 per year additional tax assessments

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $985
  • Manager Expense $10,576
  • Water Sewer Expense $3,007
  • Gross Income $78,300
  • Net Operating Income $54,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,599

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Take 81 S to Main Ave. Property on left.
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: City Lot
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 3800
  • Architectural Style: Complex
  • New Construction: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1555.67
  • EnhancedAcccessible: No
  • WaterExpense: 3007.00
  • SewerExpense: 1008.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Has Basement: Concrete, Storage Space
  • Spa Features: None
  • Basement YN: Yes

Garage/Parking

  • Parking Features: On Street, Parking Pad

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Zoning: R
  • Current Use: Investment, Multi-Family
  • Lot Dimensions: 44X90X44X93
  • Parcel #: 11409070023

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2598.74
  • Tax Book Number: 1155/0644
  • Tax Other Annual Assessment Amount: 11600

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 78300
  • Insurance Expense: 985
  • Resident Manager Expense: 10576
  • Vacancy Allowance Rate: 4068

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $520,000 -7.1% $137 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/05/2024 05/05/24 Price Changed $559,900 -3.4% $147 / Sq Ft
04/11/2024 04/11/24 For Sale $579,900 -- $153 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patrick Mascia

    Keller Williams Real Estate-Clarks Summit

    (570) 878-2209

    12 in this area

    191 Total Sales

    Patrick Mascia
    Section Image

  • R

    Buyer's Agent in 2024

    Rita Tischler

    Keller Williams Real Estate-Clarks Summit

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1934

Greater Scranton Board of REALTORS®

APN: 11409070023

Pennsylvania Lackawanna County Scranton 18447

1301 Main St, Scranton, PA

This home is located at 1301 Main St, Scranton, PA 18519 since 11 April 2024. This property was built in 1950. 1301 Main St is a home located in Lackawanna County with nearby schools including The Geneva School, St. Paul St. Clare School St. Clare Campus, and Lasalle Academy.

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.

Greater Scranton Board of REALTORS® 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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