1330 Lafayette Street, Scranton, PA 18504 (MLS# SC-1351)

1330 Lafayette Street, Scranton, PA 18504

$538,750

Property Type: Residential Income Bedrooms: 12 Baths: 5 Lot Size (sq. ft.): 13,068 Status: Closed

Current Price: $538,750 List Date: 3/05/2024 Last Modified: 9/11/2024

Description

Rare investment opportunity consisting of 3 income producing buildings on one parcel. There is a 3 unit apartment building, a 2 unit apartment building & a 7 car garage. Everything is rented. Aside from the garage, there is ample off street parking in the rear. Utilities are separate & there are many updates such as newer electric, furnaces, roof's, etc.

More Information MLS# SC-1351

Contract Information

Current Price: $538,750 Sold Price: $538,750 Status: Closed Listing Contract Date: 2024-03-05 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: DJR REalty Co. LLC.

Location Tax and Legal

Street Number: 1330 Street Name: Lafayette Street Suffix: Street State: PA Postal Code: 18504 County: Lackawanna

General Property Information

Number Of Units Total: 5 Bedrooms Total: 12 Bathrooms Total: 5 Bathrooms Full: 5 Above Grade Finished Area: 6520 Living Area: 6520 Enhanced Accessible: No Year Built: 1930 Year Built Source: Estimated New Construction YN: No Garage YN: Yes Garage Spaces: 7 Open Parking Spaces: 10 Lot Size Acres: 0.3 Lot Size Dimensions: 88X150 Basement YN: Yes Stories: 2 Auction YN: No List Price/SqFt: 96.61 Sold Price/SqFt: 82.63

Remarks and Miscellaneous

Public Remarks: Rare investment opportunity consisting of 3 income producing buildings on one parcel. There is a 3 unit apartment building, a 2 unit apartment building & a 7 car garage. Everything is rented. Aside from the garage, there is ample off street parking in the rear. Utilities are separate & there are many updates such as newer electric, furnaces, roof's, etc.

Status Change Information

Major Change Timestamp: 2024-05-18T08:19:27Z Major Change Type: Status Change Status Change Timestamp: 2024-05-18 Purchase Contract Date: 2024-04-17 Close Date: 2024-05-17 Close Price: 538750 Concessions: No Buyer Financing: Cash

Unit 1

Unit #: 1324 Actual Rent: 900 SqFt Total: 1280 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 2

Unit #: 1326 Actual Rent: 900 SqFt Total: 1280 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 3

Unit #: 1328 Actual Rent: 750 SqFt Total: 1055 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 4

Unit #: 1330 Actual Rent: 800 SqFt Total: 1055 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 1332 Actual Rent: 800 SqFt Total: 1055 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit Details

2 Bedroom: 3 3 Bedroom: 2

Property Features

Architectural Style: Traditional Basement: Unfinished Current Use: Residential Heating: Natural Gas Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Other Structures: Garage(s) Owner Pays: Insurance; Taxes Parking Features: Off Street Property Condition: Updated/Remodeled Sewer: Public Sewer Water Source: Public

Listing Office: NASSER REAL ESTATE, INC.

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.