1212 1214 Mulberry Street, Scranton, PA 18510 (MLS# SC-5834)

1212 1214 Mulberry Street, Scranton, PA 18510

$1,195,000
Property Type: Commercial Sale Square Footage: 5,569 Lot Size (sq. ft.): 2,866 Status: Active
Current Price: $1,195,000 List Date: 11/11/2024 Last Modified: 11/11/2024

Description

Attention Developers: Prime Opportunity for Student Housing Investment! This exceptional property is strategically located within the highly sought-after Scranton University territory, offering significant potential for a vibrant student housing development. Neighboring popular establishments like Goodfellas, this area enjoys high foot traffic and a lively community atmosphere that appeals to both students and local residents. With its ideal positioning near campus and local amenities, this property is perfectly suited for a modern, student-focused development that could quickly become a go-to living option for Scranton's university community. Don't miss this chance to create a valuable asset in a bustling, high-demand neighborhood.

More Information MLS# SC-5834

Contract Information

Current Price: $1,195,000 List Price: $1,195,000 Status: Active Listing Contract Date: 2024-11-07 Property Sub Type: Mixed Use Listing Agreement: Exclusive Right To Sell Owner Name: 326 NORTH WEBSTER AVENUE LLC Environmental Survey YN: No

Location Tax and Legal

Street Number: 1212 Street Name: 1214 Mulberry Street Suffix: Street State: PA Postal Code: 18510 County: Lackawanna

General Property Information

Number Of Units Total: 3 Building Area Total: 5569 Building Area Total (Report Only): 5569 Enhanced Accessible: No Year Built: 1950 Lot Size Acres: 0.0658 Lot Size Dimensions: 40X71 Waterfront YN: No Stories: 3 Auction YN: No List Price/SqFt: 214.58

Remarks and Miscellaneous

Public Remarks: Attention Developers: Prime Opportunity for Student Housing Investment! This exceptional property is strategically located within the highly sought-after Scranton University territory, offering significant potential for a vibrant student housing development. Neighboring popular establishments like Goodfellas, this area enjoys high foot traffic and a lively community atmosphere that appeals to both students and local residents. With its ideal positioning near campus and local amenities, this property is perfectly suited for a modern, student-focused development that could quickly become a go-to living option for Scranton's university community. Don't miss this chance to create a valuable asset in a bustling, high-demand neighborhood.

Status Change Information

Major Change Timestamp: 2024-11-11T15:03:07Z Major Change Type: New Listing Status Change Timestamp: 2024-11-11

Building Features

Ceiling Height: 10 Number of Levels: 3

Property Features

Building Features: Prime Location Cooling: Wall Unit(s) Current Financing: Other Current Use: Commercial Electric: 100 Amp Service; 150 Amp Service Exterior Features: Balcony Fencing: None Flooring: Wood Heating: Electric Listing Terms: Cash; Conventional Roof: Shingle Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: 24 Hour Notice; No Lockbox
Listing Office: ERA One Source Realty
Last Updated: November - 11 - 2024
Information deemed reliable but not guaranteed.