1202 W 1204 1206 Elm Street, Scranton, PA 18504 (MLS# 21-3078)

1202 W 1204 1206 Elm Street, Scranton, PA 18504

$399,900

Property Type: Residential Income Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $399,900 List Date: 7/16/2021 Last Modified: 9/11/2024

Description

INVESTORS this property has great cash flow! $4,320 per month! Current rents are under market value. Rents can be increased $300 per unit. (additional $14,400 yearly!) LOW TAXES. Under $2,800!!!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2484.00, SqFt Fin - 2nd: 2484.00, Additional Info: Great Neighborhood in the West Side of Scranton! All newly remodeled apartments are 3BD. All seperate utilities. Newer roof. Newer furnace. Newer waterheaters. Central Air! Plent of parking. All measurements are deemed reliable and accurate, but not warranted or guaranteed.

More Information MLS# 21-3078

Contract Information

Current Price: $399,900 Sold Price: $399,900 Status: Closed Listing Contract Date: 2021-07-16 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Agency Owner Name: Hawk Enterprise LLC

Location Tax and Legal

Street Number: 1202 Street Direction Prefix: W Street Name: 1204 1206 Elm Street Suffix: Street State: PA Postal Code: 18504 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Above Grade Finished Area: 4968 Below Grade Unfinished Area: 2000 Living Area: 4968 Enhanced Accessible: No Year Built: 1940 New Construction YN: No Garage Spaces: 8 Parking Total: 8 Lot Size Acres: 0.12 Lot Size Dimensions: 84X108 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: INVESTORS this property has great cash flow! $4,320 per month! Current rents are under market value. Rents can be increased $300 per unit. (additional $14,400 yearly!) LOW TAXES. Under $2,800!!!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2484.00, SqFt Fin - 2nd: 2484.00, Additional Info: Great Neighborhood in the West Side of Scranton! All newly remodeled apartments are 3BD. All seperate utilities. Newer roof. Newer furnace. Newer waterheaters. Central Air! Plent of parking. All measurements are deemed reliable and accurate, but not warranted or guaranteed. Exclusions: No

Status Change Information

Major Change Timestamp: 2021-09-20T10:53:44Z Major Change Type: Status Change Status Change Timestamp: 2021-09-20 Purchase Contract Date: 2021-08-02 Close Date: 2021-09-17 Close Price: 399900 Concessions: No

Income and Expenses

Gross Income: 43200 Sewer Expense: 1200

Unit 1

Unit #: 1E Actual Rent: 900 Security Deposit $: 900 SqFt Total: 1242 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 2E Actual Rent: 900 Security Deposit $: 900 SqFt Total: 1242 Baths Total: 1 Beds Total: 3 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 1W Actual Rent: 900 Security Deposit $: 900 SqFt Total: 1242 Baths Total: 1 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 2W Actual Rent: 900 Security Deposit $: 900 SqFt Total: 1242 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes

Road Frontage Type

Road Frontage Length: 88

Property Features

Appliances: Dishwasher; Range; Refrigerator Association Amenities: Trash Basement: Full Construction Materials: Vinyl Siding Cooling: Central Air; Zoned Heating: Forced Air; Natural Gas Laundry Features: Common Area; None Levels: One and One Half Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Corner Lot; Level Parking Features: Gravel; Off Street; Parking Pad Patio And Porch Features: Deck; Porch Possession: Negotiable Road Surface Type: Paved Roof: Rubber Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Email Listing Agent; Lockbox; Showing Service Water Source: Public

Listing Office: CLASSIC PROPERTIES

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.