1000 Clay Avenue, Scranton, PA 18510 (MLS# 23-5279)
1000 Clay Avenue, Scranton, PA 18510
$680,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
6
Lot Size (sq. ft.):
20,909
Status:
Closed
Current Price:
$680,000
List Date:
12/07/2023
Last Modified:
9/11/2024
Description
Luxurious Vancian-Inspired Mansion with Five Units. You've always wanted a Mansion, now you can have one! Welcome to 1000 Clay Avenue, an Italian Renaissance Revival turn-of-the-century mansion transformed into five luxurious residential units. Breathtaking views of the picturesque Scranton cityscape and the surrounding mountains. This Vancian-inspired property seamlessly blends historic charm with modern elegance. Elaborately carved limestone porch reminiscent of a Venetian palazzo. More than just a home, the Joseph Cassese House is a unique opportunity to own a piece of architectural and cultural heritage. Its historical significance and meticulously preserved features make it a truly rare find. Listed on the National Register of Historic Places (NRHP reference No. 97001258) and designed by renowned architect Lewis Hancock Jr.. This remarkable home exudes grandeur and sophistication., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1693.00, SqFt Fin - Main: 2099.00, SqFt Fin - 2nd: 1810.00
More Information MLS# 23-5279
Contract Information
Current Price: $680,000
Sold Price: $680,000
Status: Closed
List Date: 2023-12-07
Property Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Agency
Owner Name: Joseph Gallagher
Location Tax and Legal
House # (1): 1000
Street Name: Clay
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
Geo Lat: 41.413062
Geo Lon: -75.645779
General Property Information
Total Bedrooms: 8
Total Bathrooms: 6
Total Full Baths: 7
Above Grade Finished Area: 5602
Below Grade Finished Area: 520
Year Built: 1920
Year Built Source: Owner
New Construction YN: No
Garage Spaces: 2
Lot Size Acres: 0.48
Lot Size Dimensions: 160X130
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: Luxurious Vancian-Inspired Mansion with Five Units. You've always wanted a Mansion, now you can have one! Welcome to 1000 Clay Avenue, an Italian Renaissance Revival turn-of-the-century mansion transformed into five luxurious residential units. Breathtaking views of the picturesque Scranton cityscape and the surrounding mountains. This Vancian-inspired property seamlessly blends historic charm with modern elegance. Elaborately carved limestone porch reminiscent of a Venetian palazzo. More than just a home, the Joseph Cassese House is a unique opportunity to own a piece of architectural and cultural heritage. Its historical significance and meticulously preserved features make it a truly rare find. Listed on the National Register of Historic Places (NRHP reference No. 97001258) and designed by renowned architect Lewis Hancock Jr.. This remarkable home exudes grandeur and sophistication., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1693.00, SqFt Fin - Main: 2099.00, SqFt Fin - 2nd: 1810.00
Status Change Information
Major Change Timestamp: 2024-02-07T19:26:56Z
Major Change Type: Status Change
Status Change Timestamp: 2024-02-07
PurchaseContractDate: 2023-12-13
CloseDate: 2024-02-07
ClosePrice: 680000
Concessions: No
Buyer Financing: Cash
Income and Expenses
Annual Total Expense: 25164
Cap Rate: 6.28
Electric Expense: 960
Gross Income: 69120
Gross Scheduled Income: 69120
Heat Expense: 6600
Insurance Expense: 2700
Manager Expense: 10404
Net Operating Income: 43956
Sewer Expense: 1800
Water Expense: 1800
Unit 1
Unit #: 1
Actual Rent: 2200
SqFt Total: 2099
Baths Total: 2
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit Remarks: Projected Rent
Unit 3
Unit #: 3
Unit 4
Unit #: 4
Unit 5
Unit #: 5
Unit Details
1 Bedroom: 3
2 Bedroom: 1
3 Bedroom: 1
Property Features
Appliances: Dishwasher; Range; Refrigerator
Community Features: None
Construction Materials: Brick
Cooling: None
Heating: Natural Gas; Radiant; Steam
Laundry Features: None
Levels: Three Or More
Listing Terms: Cash
Lot Features: Corner Lot
Parking Features: On Street
Road Frontage Type: City Street
Roof: Tile
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Water Source: Public
Listing Office: Christian Saunders Real Estate
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.