NOT LISTED FOR SALE

813 815 Madison Ave Scranton, PA 18509

Hill Section Neighborhood
-- Bed
-- Bath
7,768 Sq Ft
7,841 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $473,000 $61 Per Sq Ft

69 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Level Lot
  • Porch
  • Coin Laundry
  • Wood Siding

About This Home

As of May 2021

This is a structurally sound, well maintained, Commercial income property encompassing 2 seperate buildings. This is a high net income opportunity ( net annual income is approximately $107k. The Gross and net income are annual figures. Each unit has a common living area, kitchen and bath. There are multiple bedrooms in each unit. (Please see the Revenue and expense reports in ''Documents'' Also the Rental registration forms are in ''Documents''. The buildings are fully furnished and are included. The price reflects the value of furnishings. All units are currently occupied and rental viability is enhanced due to close proximity to the Scranton hospital network and the Geisinger Commonwealth School of Medicine,, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1680.00, SqFt Fin - Main: 2204.00, SqFt Fin - 2nd: 1680.00, Additional Info: Owner or listing agent will be present for all showings. Will require 24 hours notice for showings The owner also owns 801 Madison ( 2 unit with 7 rental beds $220k ) These properties can be sold in tandem for a negotiated price

Last Agent to Sell the Property

Thomas Gilhooley

ERA One Source Realty License #RS314994 Listed on: 01/12/2021

ERA One Source Realty

Last Buyer's Agent

beth gravener

Revolve Real Estate License #RS350093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Level Lot

Parking

  • 3 Car Attached Garage
  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14670010012
  • $22,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 8 Units

Additional Features

  • Coin Laundry
  • Gross Income $151,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,403

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Directions: East on Mulberry to Madison. Left on Madison to the 800 Block
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area, None
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Surface Type: Paved
  • Reso Association Amenities: Coin Laundry
  • Above Grade Finished Sq Ft: 5564
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2826.34
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 2204

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, On Street, Garage, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Wall Unit(s)
  • 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: 50X160
  • Additional Parcels: No
  • Parcel #: 14670010012
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6402.9
  • Tax Book Number: 0366/0336
  • Tax Other Annual Assessment Amount: 22000

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 151000

Range of Values:

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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 Change Sq Ft Price
05/13/2021 05/13/21 Sold $473,000 -5.2% $61 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $499,000 -- $64 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Gilhooley

    ERA One Source Realty

    (570) 954-0781

    4 in this area

    30 Total Sales

    Thomas Gilhooley
    Section Image

  • b

    Buyer's Agent in 2021

    beth gravener

    Revolve Real Estate

    11 in this area

    51 Total Sales

    beth gravener
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB2189

Greater Scranton Board of REALTORS®
Pennsylvania Lackawanna County Scranton 18509 Hill Section

813 815 Madison Ave, Scranton, PA

This home is located at 813 815 Madison Ave, Scranton, PA 18509 since 12 January 2021. This property was built in 1930. 813 815 Madison Ave is a home located in Lackawanna County with nearby schools including John Adams Elementary School, Northeast Scranton Intermediate School, and Scranton High School.

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® 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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