114 Prospect Avenue, Scranton, PA 18505 (MLS# SC-1115)
114 Prospect Avenue, Scranton, PA 18505
$379,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Lot Size (sq. ft.):
5,663
Status:
Closed
Current Price:
$379,000
List Date:
2/18/2024
Last Modified:
9/11/2024
Description
Welcome to this four-unit building, built in 2015!
Each unit has 2 beds/1 bath and separate electric. Property offers a sprinkler system throughout and the convenience of a Gas Navien tankless water heater.
In the basement there is a laundry setup, featuring provisions for two washers and dryers. There is off-street parking available in the rear of the property.
Make your appointment today to see this investment opportunity for yourself!
More Information MLS# SC-1115
Contract Information
Current Price: $379,000
Sold Price: $379,000
Status: Closed
Listing Contract Date: 2024-02-17
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: SYNERGY PA ASSET GROUP LLC
Location Tax and Legal
Street Number: 114
Street Name: Prospect
Street Suffix: Avenue
State: PA
Postal Code: 18505
County: Lackawanna
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Above Grade Finished Area: 3568
Below Grade Unfinished Area: 1784
Living Area: 3568
Enhanced Accessible: No
Year Built: 2015
Year Built Source: Owner
New Construction YN: No
Parking Total: 4
Lot Size Acres: 0.13
Lot Size Dimensions: 40X140
Basement YN: Yes
Stories: 2
Auction YN: No
List Price/SqFt: 104.82
Sold Price/SqFt: 106.22
Remarks and Miscellaneous
Public Remarks: Welcome to this four-unit building, built in 2015!
Each unit has 2 beds/1 bath and separate electric. Property offers a sprinkler system throughout and the convenience of a Gas Navien tankless water heater.
In the basement there is a laundry setup, featuring provisions for two washers and dryers. There is off-street parking available in the rear of the property.
Make your appointment today to see this investment opportunity for yourself!
Status Change Information
Major Change Timestamp: 2024-04-09T20:39:34Z
Major Change Type: Status Change
Status Change Timestamp: 2024-04-09
Purchase Contract Date: 2024-02-28
Close Date: 2024-04-08
Close Price: 379000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Electric Expense: 140.7
Fuel Expense: 139
Gross Income: 52800
Insurance Expense: 1488
Net Operating Income: 35020
New Taxes Expense: 6971
Water Expense: 497.05
Unit 1
Unit #: 1
Actual Rent: 1100
Security Deposit $: 1375
SqFt Total: 892
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1100
Security Deposit $: 1375
SqFt Total: 892
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 3
Actual Rent: 1100
Security Deposit $: 1375
SqFt Total: 892
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 4
Unit #: 4
Actual Rent: 1100
SqFt Total: 892
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: No
Property Features
Basement: Full
Heating: Electric
Listing Terms: Cash; Conventional
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: Showing Service
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.