NOT LISTED FOR SALE

1401 Prospect Ave Scranton, PA 18505

South Side Neighborhood
-- Bed
-- Bath
4,935 Sq Ft
5,663 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $415,000 $84 Per Sq Ft

124 Days on Market

About This Home

As of January 2024

Introducing this fantastic 6-unit multi-family property located in the vibrant community of South Scranton. This property presents an incredible investment potential with a blend of existing tenants and available units, offering a balance of immediate income and room for expansion.Don't miss this incredible opportunity to invest in the flourishing real estate market of Scranton, PA. Whether you're an experienced investor or a newcomer looking for a promising venture, this multi-family property is a wise choice. Act quickly and schedule a viewing today to secure your foothold in this dynamic market!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 700.00, SqFt Fin - Main: 2185.00, SqFt Fin - 2nd: 2050.00

Last Agent to Sell the Property

Samantha Edwards

Keller Williams Real Estate-Clarks Summit License #RS360630 Listed on: 07/26/2023

Last Buyer's Agent

Samantha Brunson

LUXE Homes Real Estate LLC License #RS360630

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 37x150

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,935 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16707040027
  • $2,750 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Water Sewer Expense $6,000
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,639

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Pittston Ave turn left onto Prospect, home is on the left corner.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4935
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2287.79
  • EnhancedAcccessible: No
  • WaterExpense: 6000.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 37.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 37X150
  • Additional Parcels: No
  • Parcel #: 16707040027
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4639.17
  • Tax Book Number: 202205770
  • Tax Other Annual Assessment Amount: 2750

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 54600

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 Change Sq Ft Price
01/24/2024 01/24/24 Sold $415,000 -3.3% $84 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $429,000 -9.7% $87 / Sq Ft
10/17/2023 10/17/23 For Sale $475,000 -4.8% $96 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $499,000 +81.5% $101 / Sq Ft
03/18/2022 03/18/22 Sold $275,000 -8.0% $42 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $299,000 -- $46 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Samantha Edwards

    Keller Williams Real Estate-Clarks Summit

  • S

    Buyer's Agent in 2024

    Samantha Brunson

    LUXE Homes Real Estate LLC

    Section Image
  • Jahan Tabatabaie

    Seller's Agent in 2022

    Jahan Tabatabaie

    Family Investments Realty

    (570) 961-0222

    4 in this area

    24 Total Sales

    Jahan Tabatabaie
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB233116

Greater Scranton Board of REALTORS®

APN: 16707040027

Pennsylvania Lackawanna County Scranton 18505 South Side

1401 Prospect Ave, Scranton, PA

This home is located at 1401 Prospect Ave, Scranton, PA 18505 since 26 July 2023. This property was built in 1940. 1401 Prospect Ave is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

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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