1107 1109 Fisk Street, Scranton, PA 18509 (MLS# 21-5490)

1107 1109 Fisk Street, Scranton, PA 18509

$500,000

Property Type: Residential Income Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $500,000 List Date: 5/09/2023 Last Modified: 9/10/2024

Description

Large 7 unit building located near Universities, Completely rented with leases and has a coin op laundry. Comes with an additional lot which can be used for additional parking. New Furnace installed this past year. This property cash flows and has steady tenants., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1600.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00

More Information MLS# 21-5490

Contract Information

Current Price: $500,000 Sold Price: $500,000 Status: Closed Listing Contract Date: 2021-12-01 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Fisk Holdings LLC

Location Tax and Legal

Street Number: 1107 1109 Street Name: Fisk Street Suffix: Street State: PA Postal Code: 18509 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 7 Above Grade Finished Area: 4800 Below Grade Unfinished Area: 1200 Living Area: 4800 Enhanced Accessible: No Year Built: 1945 New Construction YN: No Garage Spaces: 10 Lot Size Acres: 0.17 Lot Size Dimensions: 50x150x50x150 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 3 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Large 7 unit building located near Universities, Completely rented with leases and has a coin op laundry. Comes with an additional lot which can be used for additional parking. New Furnace installed this past year. This property cash flows and has steady tenants., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1600.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2023-07-31T20:56:54Z Major Change Type: Status Change Price Change Timestamp: 2023-02-25T14:21:26Z Status Change Timestamp: 2023-07-31 Purchase Contract Date: 2023-05-10 Close Date: 2023-07-28 Close Price: 500000 Concessions: No Buyer Financing: Cash

Income and Expenses

Gross Income: 77400 Water Expense: 9600

Unit 1

Unit #: 1 Actual Rent: 900 SqFt Total: 1200 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2023-08-01

Unit 2

Unit #: 2 Actual Rent: 1000 SqFt Total: 600 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2023-03-14

Unit 3

Unit #: 3 Actual Rent: 900 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2023-04-30

Unit 4

Unit #: 4 Actual Rent: 1000 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2023-07-21

Unit 5

Unit #: 5 Actual Rent: 900 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Lease Expiration Date: 2023-04-30

Unit 6

Unit #: 6 Actual Rent: 1000 SqFt Total: 600 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: No

Unit 7

Unit #: 7 Actual Rent: 1350 SqFt Total: 1200 Baths Total: 1 Beds Total: 4 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Road Frontage Type

Road Frontage Length: 50

Property Features

Appliances: Range; Refrigerator Association Amenities: Coin Laundry Basement: Full Community Features: None Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s) Heating: Baseboard; Hot Water; Natural Gas Laundry Features: Common Area Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Level Parking Features: Gravel; Off Street; On Street Possession: Negotiable Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Showing Requirements: Call Listing Agent Water Source: Public

Listing Office: Lewith & Freeman RE, Inc.

Last Updated: September - 10 - 2024

Information deemed reliable but not guaranteed.