NOT LISTED FOR SALE

522-524 River St Scranton, PA 18505

South Side Neighborhood
-- Bed
-- Bath
7,200 Sq Ft
6,970 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $144,442 $20 Per Sq Ft

267 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • 3-minute walk to Connors Park
  • Porch
  • Level Lot

About This Home

As of August 2020

Priced to sell!!!! Great investment opportunity. Building is fully occupied with great cash flow. New electric heat installed throughout the building last year - tenants pay their own heat. Off street parking for 3 or 4 in the rear of the building, additional on-street parking out front., Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 2400.00, SqFt Fin - Main: 2400.00, SqFt Fin - 2nd: 2400.00

Last Agent to Sell the Property

Debra Keller

Christian Saunders Real Estate License #RS289673 Listed on: 09/26/2019

Last Buyer's Agent

Carl Canedy

ERA One Source Realty License #RS319056

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45x157
  • Level Lot
  • Land Lease

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Parking

  • 4 Parking Spaces
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15616040055
  • $21,500 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $1,000
  • Gross Income $36,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Directions: Pittston Avenue to River Street, property on right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1919
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 7200
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2861.52
  • EnhancedAcccessible: No
  • WaterExpense: 1000.00
  • SewerExpense: 1000.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 45.00

Garage/Parking

  • Parking Features: Off Street, Unpaved, On Street
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 45X157
  • Additional Parcels: No
  • Parcel #: 15616040055
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6001.98
  • Tax Book Number: 2013-09122
  • Tax Other Annual Assessment Amount: 21500

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 36180

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
08/10/2020 08/10/20 Sold $144,442 -23.9% $20 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $189,900 -- $26 / 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 $7,129 $21,500 $4,500 $17,000
2024 $6,529 $21,500 $4,500 $17,000
2023 $6,529 $21,500 $4,500 $17,000
2022 $6,386 $21,500 $4,500 $17,000
2021 $6,386 $21,500 $4,500 $17,000
2020 $6,271 $21,500 $4,500 $17,000
2019 $5,903 $21,500 $4,500 $17,000
2018 $5,903 $21,500 $4,500 $17,000
2017 $5,802 $21,500 $4,500 $17,000
2016 $0 $21,500 $4,500 $17,000
2015 $4,392 $21,500 $4,500 $17,000
2014 -- $21,500 $4,500 $17,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Debra Keller

    Christian Saunders Real Estate

    (570) 470-2116

    1 in this area

    13 Total Sales

    Debra Keller
    Section Image

  • C

    Buyer's Agent in 2020

    Carl Canedy

    ERA One Source Realty

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB194705

Greater Scranton Board of REALTORS®

APN: 15616040055

Pennsylvania Lackawanna County Scranton 18505 South Side

522-524 River St, Scranton, PA

Not Listed for Sale

MultiFamily

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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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