1023-1025 Mark Avenue, Scranton, PA 18510 (MLS# SC-250102)

1023-1025 Mark Avenue, Scranton, PA 18510

$330,000

Property Type: Residential Income Bedrooms: 6 Baths: 2 Lot Size (sq. ft.): 7,405 Status: Pending

Current Price: $330,000 List Date: 1/08/2025 Last Modified: 2/19/2025

Description

This fully rented multifamily property is a fantastic investment opportunity. Each unit has separate utilities, making management straightforward. It features private balconies with views of the city. The property also includes a spacious backyard, offering additional appeal for tenants. Located in the Hill Section of Scranton, it's close to Nay Aug Park, hospitals, and major highways, ensuring convenience and demand. This is a hassle-free, income-generating property you don't want to miss. Schedule your showing today! Se habla español

More Information MLS# SC-250102

Contract Information

Current Price: $330,000 List Price: $330,000 Status: Pending Listing Contract Date: 2025-01-08 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Dm Estates LLC

Location Tax and Legal

Street Number: 1023-1025 Street Name: Mark Street Suffix: Avenue State: PA Postal Code: 18510 County: Lackawanna

General Property Information

Number Of Units Total: 2 Bedrooms Total: 6 Bathrooms Total: 2 Bathrooms Full: 2 Above Grade Finished Area: 2040 Below Grade Unfinished Area: 1184 Living Area: 2040 Enhanced Accessible: No Year Built: 1930 Year Built Source: Public Records New Construction YN: No Lot Size Acres: 0.17 Lot Size Dimensions: 50X150 Waterfront YN: No Basement YN: Yes Stories: 2 Auction YN: No List Price/SqFt: 161.76

Remarks and Miscellaneous

Public Remarks: This fully rented multifamily property is a fantastic investment opportunity. Each unit has separate utilities, making management straightforward. It features private balconies with views of the city. The property also includes a spacious backyard, offering additional appeal for tenants. Located in the Hill Section of Scranton, it's close to Nay Aug Park, hospitals, and major highways, ensuring convenience and demand. This is a hassle-free, income-generating property you don't want to miss. Schedule your showing today! Se habla español

Status Change Information

Major Change Timestamp: 2025-01-27T18:48:08Z Major Change Type: Status Change Status Change Timestamp: 2025-01-27 Purchase Contract Date: 2025-01-27

Income and Expenses

Annual Total Expense: 4706 Insurance Expense: 2200 Net Operating Income: 24694 New Taxes Expense: 2506 Total Actual Rent: 29400

Unit 1

Unit #: 1025 Actual Rent: 1250 Security Deposit $: 1250 SqFt Total: 1016 Baths Total: 1 Beds Total: 3 Rooms Total: 5 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Unit Remarks: month to month

Unit 2

Unit #: 1023 Actual Rent: 1200 SqFt Total: 1023 Baths Total: 1 Beds Total: 3 Rooms Total: 5 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Lease Expiration Date: 2025-08-31

Meter Information

Number Of Separate Electric Meters: 2 Number Of Separate Gas Meters: 2 Number Of Separate Water Meters: 2

Property Features

Appliances: Dryer; Gas Range; Refrigerator; Washer/Dryer Architectural Style: Duplex Up & Down Basement: Partially Finished Current Use: Multi-Family Exterior Features: Balcony; Private Yard; Smart Camera(s)/Recording Fencing: Back Yard; Fenced Flooring: Carpet; Vinyl Foundation Details: Combination Heating: Hot Water; Natural Gas Income Includes: Rent Only Interior Features: Eat-in Kitchen Laundry Features: In Unit Levels: Two Listing Terms: Cash; Conventional; FHA Lot Features: Sloped Down Operating Expense Includes: Insurance; Mortgage/Loans; New Tax Owner Pays: Insurance; Taxes Parking Features: On Street Patio And Porch Features: Front Porch Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Flat Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Occupied; Restricted Hours; Showing Service Structure Type: Duplex Tenant Pays: Electricity; Gas; Hot Water; Sewer; Snow Removal; Water Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Water Source: Public

Listing Office: LUXE Homes Real Estate LLC

Last Updated: February - 19 - 2025

Information deemed reliable but not guaranteed.