Seller's Agent in 2024
Leah Gianacopoulos
ERA One Source Realty
(570) 947-9250
25 in this area
440 Total Sales
Estimated Value: $282,000 - $382,000
Welcome to your next investment venture in the heart of Scranton! This multi-family property presents an exceptional opportunity for investors seeking reliable rental income coupled with valuable amenities.Nestled in the vibrant community of Scranton, this property enjoys proximity to essential amenities, including shopping centers, schools, parks, and major transportation routes, ensuring convenience for tenants and facilitating high occupancy rates.With three separate units, including two already rented, this property offers immediate income generation. The consistent demand for multi-family housing in Scranton ensures stable rental returns, making it an attractive investment option. A rare find in multi-family properties, the included two-car garage not only provides convenient parking for tenants but also presents an additional source of income. Whether leased separately or included with one of the units, the garage enhances the property's value proposition. Perfect for families and pet owners, the large fenced yard offers privacy, security, and a serene outdoor space for relaxation and recreation. This feature adds significant appeal to potential tenants, contributing to higher occupancy rates and tenant satisfaction. Enjoy the advantage of low property taxes, enhancing the property's profitability and long-term financial viability. Additionally, each unit is equipped with separate electric meters, ensuring hassle-free utility management for both landlords and tenants.This multi-family property is not only a lucrative investment in the present but also promises robust appreciation potential in the future. Plus a store front/ studio apartment that can be a possibility for more rent , but buyer would need to get their own zoning. With ongoing development and economic growth in Scranton and surrounding areas, real estate values are poised to increase, offering investors the opportunity for significant capital gains.
Last Agent to Sell the Property
ERA One Source Realty License #RS325414 Listed on: 04/23/2024
Last Buyer's Agent
NON MEMBER
NON MEMBER
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dipalo Vincent | $285,000 | None Listed On Document | |
| Ryan Patricia | -- | None Listed On Document | |
| Wojdak Joan | -- | None Available | |
| Sevitski Marie T | $78,400 | None Available | |
| Penn Security Bank And Trust Company | $6,690 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dipalo Vincent | $213,750 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $285,000 | +9.7% | $109 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $259,900 | -- | $99 / Sq Ft |
| 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 | $3,386 | $10,000 | $2,450 | $7,550 |
| 2024 | $3,106 | $10,000 | $2,450 | $7,550 |
| 2023 | $3,106 | $10,000 | $2,450 | $7,550 |
| 2022 | $3,038 | $10,000 | $2,450 | $7,550 |
| 2021 | $3,038 | $10,000 | $2,450 | $7,550 |
| 2020 | $2,984 | $10,000 | $2,450 | $7,550 |
| 2019 | $2,810 | $10,000 | $2,450 | $7,550 |
| 2018 | $2,810 | $10,000 | $2,450 | $7,550 |
| 2017 | $2,763 | $10,000 | $2,450 | $7,550 |
| 2016 | $951 | $10,000 | $2,450 | $7,550 |
| 2015 | $1,803 | $10,000 | $2,450 | $7,550 |
| 2014 | -- | $10,000 | $2,450 | $7,550 |
Seller's Agent in 2024
Leah Gianacopoulos
ERA One Source Realty
(570) 947-9250
25 in this area
440 Total Sales
N
Buyer's Agent in 2024
NON MEMBER
NON MEMBER
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC2137
APN: 16707040076
Ask me questions while you tour the home.