$305,000
SOLD DEC 30, 2024
7 Beds
3 Baths
2,195 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

9% Below List Price

149 Days on Market

Highlights

  • Deck
  • Living Room
  • Ceiling Fan
  • Porch
  • Zoned Heating
  • Heating System Uses Steam

About This Home

As of December 2024

This 3-unit property produces wonderful income and is a great turn-key investment for almost any buyer. Recently renovated and featuring all separate utilities, and listed at better than a 10 cap rate. This property has a NET income sitting at 35K. 3 newer gas furnaces, 3 electric panels, 3 gas water heaters, etc. This is a great location sitting on a corner lot and close to shopping, schools and public transportation. This property can be purchased individually or as part of a package with 2 other similar properties!

Last Agent to Sell the Property

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 07/01/2024

Last Buyer's Agent

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 07/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 90x50

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Vinyl Siding

Interior Spaces

  • 2,195 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 14514040058

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,975
  • Gross Income $40,020
  • Net Operating Income $34,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,115

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: North on Main Ave. Turn right onto Swetland (across from Rite Aid). Turn left onto Bromley. There are a lot of one way streets in this area, so be careful. House will be on your right. It is the corner of Bromley and Lafayette.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2195
  • Architectural Style: Converted
  • Garage Yn: No
  • New Construction: No
  • Reso Structure Type: Multi Family
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1478.49
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: On Street

Utilities

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

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Lot Dimensions: 90X50
  • Parcel #: 14514040058

Tax Info

  • Tax Year: 2022
  • New Taxes Expense: 3115
  • Tax Annual Amount: 3115
  • Tax Book Number: 201805106

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40020
  • Insurance Expense: 1975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Dec 30, 2024
Sold by
Lts3 Realty Llc
Bought by
Heartland Bromley Llc
Seller's Agent
Kate Daye
Revolve Real Estate
Buyer's Agent
Kate Daye
Revolve Real Estate
List Price
$335,000
Sold Price
$305,000
Premium/Discount to List
-$30,000
-8.96%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$244,000
Outstanding Balance
$243,167
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$70,707

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 29, 2023
Sold by
Rk Partners Llc
Bought by
Lts3 Realty Llc
Seller's Agent
Christina Bauserman
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Jasmine Ahuja
Keller Williams Real Estate-Clarks Summit
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.07%
Original Mortgage
$164,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2018
Closed on
Apr 2, 2018
Sold by
Bayanov Aleksey A
Bought by
Rk Partners Llc
Seller's Agent
Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Christina Bauserman
ERA One Source Realty
List Price
$78,500
Sold Price
$62,000
Premium/Discount to List
-$16,500
-21.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.25%

Purchase Details

Closed on
Feb 10, 2007
Sold by
Barrett Edward J and Barrett Maria G
Bought by
Bayanov Aleksey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,250
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $305,000 None Listed On Document
Deed $205,000 Golden Dome Abstract
Deed -- None Available
Deed $83,640 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,000 New Conventional
Previous Owner $164,000 New Conventional
Previous Owner $75,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Rent $1,100 0.0% --
12/30/2024 12/30/24 Sold $305,000 -6.2% $139 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $325,000 -3.0% $148 / Sq Ft
09/04/2024 09/04/24 For Sale $335,000 0.0% $153 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $335,000 -1.5% $153 / Sq Ft
07/11/2024 07/11/24 Price Changed $340,000 -2.9% $155 / Sq Ft
07/01/2024 07/01/24 For Sale $350,000 +70.7% $159 / Sq Ft
12/20/2023 12/20/23 Sold $205,000 -8.9% $93 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $225,000 +262.9% $103 / Sq Ft
04/02/2018 04/02/18 Sold $62,000 -21.0% $28 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $78,500 -- $36 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,396 $10,000 $2,500 $7,500
2024 $3,115 $10,000 $2,500 $7,500
2023 $3,115 $10,000 $2,500 $7,500
2022 $3,047 $10,000 $2,500 $7,500
2021 $3,047 $10,000 $2,500 $7,500
2020 $2,993 $10,000 $2,500 $7,500
2019 $2,819 $10,000 $2,500 $7,500
2018 $2,819 $10,000 $2,500 $7,500
2017 $2,772 $10,000 $2,500 $7,500
2016 $961 $10,000 $2,500 $7,500
2015 $2,113 $10,000 $2,500 $7,500
2014 -- $10,000 $2,500 $7,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3455

Greater Scranton Board of REALTORS®

APN: 14514040058