NOT LISTED FOR SALE

329 331 Cedar Ave Scranton, PA 18505

South Side Neighborhood
-- Bed
-- Bath
4,800 Sq Ft
5,663 Sq Ft Lot Lot

Sale Details

Date Sold: January 23, 2024

Last sale price $385,000 $80 Per Sq Ft

5 Days on Market

About This Home

As of January 2024

INVESTORS!! Welcome to this charming 5-unit apartment building in the heart of Scranton! This fully occupied property is generating approx $5700 monthly! Each unit has separate electric. Landlord pays gas (heat), water, and sewer. Tenants pay their own electric, and a monthly fee towards water.This property's allure is elevated by considerate updates, including updated plumbing, updated furnace, and a refreshing coat of new paint.For added convenience, the property is located right off of the highway, approved for section 8, and has one off-street parking spot. This property not only represents a sound investment opportunity with full occupancy but also offers a turnkey solution for those seeking a well-maintained and updated multi-unit dwelling in Scranton. Don't miss the chance to own this income-generating property!GROUP SHOWINGS SATURDAYS 12-1PM. Listing agent will be present, send your buyers!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1200.00, SqFt Fin - Main: 1800.00, SqFt Fin - 2nd: 1800.00, Additional Info: GROUP SHOWINGS SATURDAYS 12-1PM. Listing agent will be present, send your buyers! All information approximate - not guaranteed or warranted. Buyers to do due diligence.

Last Agent to Sell the Property

Alyssa Mackiw

EXP Realty LLC License #RS366528 Listed on: 11/15/2023

EXP Realty LLC

Co-Listed By

Alexsis McGhee

EXP Realty LLC License #RS366599

Last Buyer's Agent

Adriana Jez

EXP Realty LLC License #RS358942

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 115x51x112x51

Home Design

  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15616010025
  • $5,650 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $6,194
  • Gross Income $68,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,512

Year Built

Built in 1930

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Directions: From Scranton, Head southwest on N Washington Ave toward Biden St/Spruce St0.1 miContinue straight to stay on N Washington Ave0.1 miTurn left onto Lackawanna Ave482 ftTurn right onto Cedar AveDestination will be on the left
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • Road Surface Type: Paved
  • Co List Office Mls Id: GSBexp
  • Co List Office Phone: (888) 397-7352 ext. 947
  • Above Grade Finished Sq Ft: 4800
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1922.03
  • EnhancedAcccessible: No
  • WaterExpense: 6194.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • RoadFrontageLength: 51.00

Garage/Parking

  • Parking Features: None, See Remarks, Other, On Street, Off Street
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 115X51X112X51
  • Additional Parcels: No
  • Parcel #: 15616010025
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4512.43
  • Tax Book Number: 1553/0796
  • Tax Other Annual Assessment Amount: 5650

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 68880
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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
01/23/2024 01/23/24 Sold $385,000 -1.2% $80 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $389,500 -- $81 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Agents Affiliated with this Home

  • Alyssa Mackiw

    Seller's Agent in 2024

    Alyssa Mackiw

    EXP Realty LLC

    (570) 861-9100

    5 in this area

    46 Total Sales

    Alyssa Mackiw
    Section Image
  • Alexsis McGhee

    Seller Co-Listing Agent in 2024

    Alexsis McGhee

    EXP Realty LLC

    (570) 520-8867

    5 in this area

    128 Total Sales

    Alexsis McGhee
    Section Image
  • Adriana Jez

    Buyer's Agent in 2024

    Adriana Jez

    EXP Realty LLC

    (888) 397-7352

    8 in this area

    106 Total Sales

    Adriana Jez
    Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB235006

Greater Scranton Board of REALTORS®
Pennsylvania Lackawanna County Scranton 18505 South Side

329 331 Cedar Ave, Scranton, PA

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® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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