107 Homestead Street, Dunmore, PA 18512 (MLS# SC-3122)
107 Homestead Street, Dunmore, PA 18512
$385,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
5
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$385,000
List Date:
6/13/2024
Last Modified:
9/11/2024
Description
Welcome to a prime investment opportunity in the charming town of Dunmore! This impeccably maintained 4-unit property offers a blend of comfort, convenience, and amenities, making it an ideal choice for both investors and owner-occupants.
More Information MLS# SC-3122
Contract Information
Current Price: $385,000
Sold Price: $385,000
Status: Closed
Listing Contract Date: 2024-06-12
Property Sub Type: Multi Family
Listing Agreement: Exclusive Agency
Listing Service: Full Service
Owner Name: Frank Falcone
Location Tax and Legal
Street Number: 107
Street Name: Homestead
Street Suffix: Street
State: PA
Postal Code: 18512
County: Lackawanna
General Property Information
Number Of Units Total: 4
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 4
Above Grade Finished Area: 3100
Living Area: 3100
Enhanced Accessible: No
Year Built: 1919
Year Built Source: Estimated
New Construction YN: No
Garage Spaces: 1
Lot Size Acres: 0.19
Lot Size Dimensions: 30X90X10X49X119X49X76X89
Waterfront YN: No
Basement YN: No
Stories: 3
Auction YN: No
List Price/SqFt: 122.55
Sold Price/SqFt: 124.19
Remarks and Miscellaneous
Public Remarks: Welcome to a prime investment opportunity in the charming town of Dunmore! This impeccably maintained 4-unit property offers a blend of comfort, convenience, and amenities, making it an ideal choice for both investors and owner-occupants.
Status Change Information
Major Change Timestamp: 2024-08-09T17:15:09Z
Major Change Type: Status Change
Status Change Timestamp: 2024-08-09
Purchase Contract Date: 2024-06-27
Close Date: 2024-08-06
Close Price: 385000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Annual Total Expense: 8856
Cap Rate: 10
Gross Income: 46800
Heat Expense: 3035
Insurance Expense: 991
Net Operating Income: 37944
Water Expense: 2437
Unit 1
Unit #: 1
Actual Rent: 930
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2025-08-01
Unit 2
Unit #: 2
Actual Rent: 900
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2025-06-01
Unit 3
Unit #: 1200
SqFt Total: 1300
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: No
Unit Remarks: Vacant $1,170 est
Unit 4
Unit #: 4
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: No
Unit Remarks: Owner Occ $900
Property Features
Showing Requirements: Occupied; Showing Service
Listing Office: Christian Saunders Real Estate
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.