1316 Washburn Street, Scranton, PA 18504 (MLS# SC-1542)

Current Price: $343,000 Sold Price: $343,000 Status: Closed Listing Contract Date: 2024-03-17 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Listing Service: Full Service Owner Name: BASTIAN STEVEN L

Street Number: 1316 Street Name: Washburn Street Suffix: Street State: PA Postal Code: 18504 County: Lackawanna Subdivision Name: None

Number Of Buildings: 1 Number Of Units Total: 4 Bedrooms Total: 6 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 3366 Below Grade Unfinished Area: 1488 Living Area: 3366 Enhanced Accessible: No Year Built: 1940 Year Built Source: Public Records New Construction YN: No Garage YN: No Lot Size Acres: 0.13 Lot Size Dimensions: 30X92x32x92 Lot Dimensions Source: Public Records Land Lease YN: No Association YN: No Basement YN: Yes Furnished: Unfurnished Stories: 2 Units Furnished: All Units Fireplace YN: No Spa YN: No Senior Community YN: No Rent Control YN: No Auction YN: No List Price/SqFt: 103.68 Sold Price/SqFt: 101.9

Public Remarks: CHECK OUT THIS EXCEPTIONAL OPPORTUNITY IN SCRANTON'S PRIME LOCATION! PRESENTING A WELL MAINTAINED FOUR-UNIT PROPERTY THAT HAS BRAND NEW ROOF 2023 WITH GREAT INVESTMENT POTENTIAL. NESTLED IN A DESIRABLE NEIGHBORHOOD, THIS PROPERTY PROMISES BOTH CONVENIENCE AND PROFITABILITY WITH ITS WELL-KEPT CONDITION AND PROMISING RENTAL HISTORY, THIS IS A RARE GEM NOT TO BE OVERLOOKED. DON'T LET THIS CHANCE FOR A SOLID INVESTMENT PROPERTY SLIP AWAY. CALL TODAY SO YOU DON'T MISS OUT ON THIS OPPORTUNITY!! Exclusions: All appliances are owned by the tenants.

Major Change Timestamp: 2024-06-02T15:56:42Z Major Change Type: Status Change Status Change Timestamp: 2024-06-02 Purchase Contract Date: 2024-04-29 Close Date: 2024-06-02 Close Price: 343000 Concessions: No Buyer Financing: Conventional

Annual Total Expense: 8057.01 Gross Income: 40200 Insurance Expense: 2900 New Taxes Expense: 3477.01 Sewer Expense: 960 Trash Expense: 720

Unit #: 1318 1ST FLOOR Actual Rent: 700 SqFt Total: 744 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit #: 1318 2ND FLOOR Actual Rent: 750 SqFt Total: 744 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit #: 1316 1ST FLOOR Actual Rent: 850 SqFt Total: 936 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit #: 1316 2ND FLOOR Actual Rent: 1050 SqFt Total: 936 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Number Of Separate Electric Meters: 4 Number Of Separate Gas Meters: 4 Number Of Separate Water Meters: 4

Architectural Style: Traditional Basement: Concrete; Unfinished Community Features: None Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s) Current Use: Investment Electric: Circuit Breakers Fencing: Chain Link Fireplace Features: None Flooring: Carpet; Laminate; Vinyl Foundation Details: Permanent Heating: Hot Water; Natural Gas Interior Features: Other Laundry Features: Laundry Closet; Laundry Room Levels: Two Listing Terms: Cash; Conventional Lot Features: Corner Lot; Not In Development Operating Expense Includes: Insurance Owner Pays: Sewer; Taxes; Trash Collection Parking Features: On Street; Paved Possession: Close Of Escrow Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Asphalt; Fiberglass Sewer: Public Sewer Showing Requirements: Call Listing Agent Structure Type: Quadruplex Tenant Pays: Electricity; Gas; Hot Water; Telephone; Water Water Source: Public Window Features: Double Pane Windows