314-316 W Market Street, Scranton, PA 18508 (MLS# SC-250652)
314-316 W Market Street, Scranton, PA 18508
$799,000



















Property Type:
Residential Income
Bedrooms:
13
Baths:
8
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$799,000
List Date:
2/17/2025
Last Modified:
2/17/2025
Description
Great 8 unit in the North Scranton area! This great property offers great opportunity for all investors looking with off street parking and tenants pay separate electric. Well maintained and close to stores and major roads.All units have been updated.
More Information MLS# SC-250652
Contract Information
Current Price: $799,000
List Price: $799,000
Status: Active
Listing Contract Date: 2025-02-17
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Owner Name: 314 316 West Market Street LLC
Location Tax and Legal
Street Number: 314-316
Street Direction Prefix: W
Street Name: Market
Street Suffix: Street
State: PA
Postal Code: 18508
County: Lackawanna
General Property Information
Number Of Buildings: 1
Number Of Units Total: 8
Bedrooms Total: 13
Bathrooms Total: 8
Bathrooms Full: 8
Above Grade Finished Area: 6400
Living Area: 6400
Enhanced Accessible: No
Year Built: 1960
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Lot Size Acres: 0.19
Lot Size Dimensions: 41X200
Lot Dimensions Source: Public Records
Land Lease YN: No
Association YN: No
Waterfront YN: No
Basement YN: Yes
Furnished: Unfurnished
Stories: 3
Units Furnished: None
Fireplace YN: No
Spa YN: No
Senior Community YN: No
Rent Control YN: No
Auction YN: No
List Price/SqFt: 124.84
Remarks and Miscellaneous
Public Remarks: Great 8 unit in the North Scranton area! This great property offers great opportunity for all investors looking with off street parking and tenants pay separate electric. Well maintained and close to stores and major roads.All units have been updated.
Status Change Information
Major Change Timestamp: 2025-02-17T17:28:12Z
Major Change Type: New Listing
Status Change Timestamp: 2025-02-17
Income and Expenses
Gross Income: 91800
Net Operating Income: 74470
Operating Expense: 17330
Unit 1
Unit #: 1
Actual Rent: 1000
SqFt Total: 800
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1000
SqFt Total: 800
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 3
Actual Rent: 850
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: No
Unit 4
Unit #: 4
Actual Rent: 850
SqFt Total: 600
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 5
Unit #: 5
Actual Rent: 1000
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Unit 6
Unit #: 6
Actual Rent: 850
SqFt Total: 600
Baths Total: 1
Beds Total: 3
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: No
Unit 7
Unit #: 7
Actual Rent: 700
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: No
Unit 8
Unit #: 8
Actual Rent: 1300
SqFt Total: 1000
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Property Features
Appliances: Other
Architectural Style: Complex
Basement: Unfinished
Cooling: None
Current Financing: Other
Current Use: Multi-Family
Electric: Circuit Breakers
Fencing: None
Fireplace Features: None
Foundation Details: Combination
Levels: Three Or More
Lot Features: Level
Parking Features: Gravel; Off Street
Patio And Porch Features: Deck; Rear Porch
Pool Features: None
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Flat
Sewer: Public Sewer
Spa Features: None
Structure Type: Multi Family
Tenant Pays: Electricity; Water
View: Neighborhood
Water Source: Public
Listing Office: ERA One Source Realty
Last Updated: February - 17 - 2025
Information deemed reliable but not guaranteed.