NOT LISTED FOR SALE
-- Bed
-- Bath
11,990 Sq Ft
19,166 Sq Ft Lot

Last Sold December 03, 2018

Last sale price $175,000 $15 Per Sq Ft

6 Days on Market

Highlights

  • 0.44 Acre Lot
  • 4 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of December 2018

LOCATION LOCATION High income $65K NOI potential around the corner to the commonwealth medical school this 12,000 sq/ft Massive Mansion of a property. Its a 3 story apt. building located in the Hill Section of Scranton. In close proximity to hospitals, schools, parks, etc. Features include 5 fireplaces, hardwood floors & trim, large units, a detached garage and too much to list. Building has been partially renovated with a brand new rubber roof, some floors refinished, ceramic tiles w/ kitchen cabinets installed in some areas. Needs a total renovation to get the projected Net income of $65K and is perfect investment for a contractor. Not many properties of this caliber come onto the market often, Modern Kitchen: Y, Old Kitchen: Y, Tax Information: Available, Kitchen: Modern,Old, Baths: Old, SqFt Fin - 3rd: 2766.00, SqFt Fin - Main: 4612.00, SqFt Fin - 2nd: 4612.00

Last Agent to Sell the Property

Ron Parasole

Parasole Property Management & Assoc. LP License #RM423889 Listed on: 10/30/2018

Last Buyer's Agent

Ron Parasole

Parasole Property Management & Assoc. LP License #RM423889 Listed on: 10/30/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 107x160x160x39x53x121

Parking

  • 4 Car Detached Garage
  • Parking Pad
  • Driveway
  • Off-Street Parking

Home Design

  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 11,990 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14678030011
  • $45,000 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Water Sewer Expense $6,240
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0.44 Acres

Parking

4

Listing Details

  • Directions: Up E Gibson St to left on Clay Ave, property is on the right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.44
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1915
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Other, See Remarks
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 11990
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 5781.15
  • EnhancedAcccessible: No
  • WaterExpense: 6240.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Roof: Rolled/Hot Mop, Rubber
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • RoadFrontageLength: 107.00

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Parking Pad, Paved, Off Street, Garage, Driveway, Detached
  • Total Parking Spaces: 13

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 107X160X160X39X53X121
  • Additional Parcels: No
  • Parcel #: 14678030011
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 14334.16
  • Tax Book Number: 2017-13769
  • Tax Other Annual Assessment Amount: 45000

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 110400
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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 Prior Sale
12/03/2018 12/03/18 Sold $175,000 -10.3% $15 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $195,000 +50.0% $16 / Sq Ft
10/01/2015 10/01/15 Sold $130,000 -18.7% $11 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $159,900 -- $13 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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 $16,086 $43,000 $18,300 $24,700
2024 $14,851 $43,000 $18,300 $24,700
2023 $14,851 $43,000 $18,300 $24,700
2022 $14,529 $43,000 $18,300 $24,700
2021 $14,529 $43,000 $18,300 $24,700
2020 $14,298 $43,000 $18,300 $24,700
2019 $14,334 $45,000 $20,300 $24,700
2018 $14,334 $45,000 $20,300 $24,700
2017 $14,123 $45,000 $20,300 $24,700
2016 $5,969 $45,000 $20,300 $24,700
2015 $11,065 $45,000 $20,300 $24,700
2014 -- $45,000 $20,300 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB185136

Greater Scranton Board of REALTORS®

APN: 14678030011

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