NOT LISTED FOR SALE
-- Beds
-- Baths
6,150 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: May 20, 2024

Last sale price $613,325 $100 Per Sq Ft

219 Days on Market

About This Home

As of May 2024

Check out this money maker!A 14-bedroom, student housing apartment building, within walking distance to Scranton University. This property has an excellent rental history and is currently rented to university students. The building consists of 4 Apartments with parking in the rear for 6-7 cars. Property has 4 brand new furnaces and 4 brand new water heaters., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: Modern, SqFt Fin - 3rd: 1575.00, SqFt Fin - Main: 1575.00, SqFt Fin - 2nd: 1575.00, Additional Info: Income and expenses are based on 13 signed leases. The coin operated Washer & Dryer brings in $1,000-$1,500 a year in additional income.8 students are from 2022-2023 year that have renewed their leases for the 2023-2024 school year. 4 pre-signed leases for the 2024-2025 school year at $575 each. Next year's Gross income would be $96,600.

Last Agent to Sell the Property

Debra Harris

Hibble Harris Real Estate, Inc License #RS311208 Listed on: 07/15/2023

Co-Listed By

Charles Hibble

Hibble Harris Real Estate, Inc License #RM425364

Last Buyer's Agent

Charles Hibble, Broker

Weichert Realtors Hibble & Associates License #RM425364

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 6 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15709010005
  • $18,000 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $2,600
  • Gross Income $84,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,778

Year Built

Built in 1950

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Directions: From the University on Mulberry st, Take a left onto N Webster first block on the right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: GSBhibbharris
  • Co List Office Phone: (570) 585-4000
  • Above Grade Finished Sq Ft: 4725
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2573.77
  • EnhancedAcccessible: No
  • WaterExpense: 2600.00
  • SewerExpense: 2600.00
  • 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
  • Below Grade Sq Ft: 1425

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: Gravel, On Street, Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40x160
  • Additional Parcels: No
  • Parcel #: 15709010005
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5777.67
  • Tax Book Number: 202103506
  • Tax Other Annual Assessment Amount: 18000

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 84600

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $613,325 -5.5% $100 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $649,000 0.0% $106 / Sq Ft
01/03/2024 01/03/24 For Sale $649,000 +5.8% $106 / Sq Ft
12/31/2023 12/31/23 Off Market $613,325 -- --
07/15/2023 07/15/23 For Sale $679,000 -- $110 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,459 $275,353 $30,200 $245,153
2024 $530 $6,109
2023 $315 $5,554 $0 $0
2022 $240 $5,049 $0 $0
2021 $186 $6,150 $6,150 $0
2020 $179 $5,600 $5,600 $0
2019 $165 $4,100 $4,100 $0
2018 $158 $3,900 $3,900 $0
2017 $156 $4,035 $4,035 $0
2016 $145 $2,850 $0 $0
2015 $145 $2,800 $0 $0
2014 $143 $2,550 $0 $0
Source: Public Records

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB232927

Greater Scranton Board of REALTORS®
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