1218 Vine Street, Scranton, PA 18510 (MLS# 22-1331)
1218 Vine Street, Scranton, PA 18510
$350,000
Property Type:
Residential Income
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$350,000
List Date:
10/21/2022
Last Modified:
9/10/2024
Description
Located 2.5 blocks from the University of Scranton, this high-income student housing sale consists of 2 adjacent buildings catering to the University of Scranton, Marywood University,, Geisinger Medical School & Lackawanna College. Amenities include updated interiors, 12 bedrooms, coin operated laundry, a large deck, front porch, hardwood floors & more., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1090.00, SqFt Fin - Main: 2760.00, SqFt Fin - 2nd: 2760.00, Additional Info: Landlord pays flat rater of $300 per month towards utilities, tenants pay the rest.
Leases are secured with parent guarantees.
Additional tax map# 15709010010
More Information MLS# 22-1331
Contract Information
Current Price: $350,000
Sold Price: $350,000
Status: Closed
List Date: 2022-04-07
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Vine Street Partners, LLC.
Location Tax and Legal
House # (1): 1218
Street Name: Vine
Street Suffix: Street
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
Geo Lat: 41.405807
Geo Lon: -75.651188
General Property Information
Above Grade Finished Area: 6610
Below Grade Unfinished Area: 2760
Year Built: 1930
New Construction YN: No
Lot Size Acres: 0.16
Lot Size Dimensions: 78X90
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: Located 2.5 blocks from the University of Scranton, this high-income student housing sale consists of 2 adjacent buildings catering to the University of Scranton, Marywood University,, Geisinger Medical School & Lackawanna College. Amenities include updated interiors, 12 bedrooms, coin operated laundry, a large deck, front porch, hardwood floors & more., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1090.00, SqFt Fin - Main: 2760.00, SqFt Fin - 2nd: 2760.00, Additional Info: Landlord pays flat rater of $300 per month towards utilities, tenants pay the rest.
Leases are secured with parent guarantees.
Additional tax map# 15709010010
Status Change Information
Major Change Timestamp: 2022-11-14T21:58:15Z
Major Change Type: Status Change
Price Change Timestamp: 2022-05-31T16:07:01Z
Status Change Timestamp: 2022-11-14
PurchaseContractDate: 2022-10-20
CloseDate: 2022-11-14
ClosePrice: 350000
Concessions: No
Buyer Financing: Cash
Income and Expenses
Gross Income: 102720
Unit 1
Unit #: 1214
Actual Rent: 2675
SqFt Total: 1412
Baths Total: 2
Beds Total: 5
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit 3
Unit #: 1218
Property Features
Architectural Style: Complex
Community Features: None
Construction Materials: Vinyl Siding
Cooling: None
Heating: Natural Gas
Levels: Three Or More
Listing Terms: Cash
Lot Features: Interior Lot
Parking Features: None
Patio And Porch Features: Deck; Porch
Road Frontage Type: City Street
Roof: Composition; Wood
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: No Sign
Water Source: Public
Listing Office: NASSER REAL ESTATE, INC.
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.