401 Main Street, Childs, PA 18407 (MLS# SC-2345)
401 Main Street, Childs, PA 18407
$265,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
4
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$265,000
List Date:
5/04/2024
Last Modified:
9/11/2024
Description
Calling All Investors!!!!!This 3 Unit huge, extra-ordinary Multifamily is an investor's dream come true with this property providing an investor with gross Income expected each month!! Accessible location and within walking distance to shopping and dining. Minutes from stores, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Sheets is located 2 minutes from this property. This ready to go Multifamily property boasts 3 totally remolded and freshly painted beautiful apartments with hardwood and laminate floors throughout. You will have the advantage of living in one of the units and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the side of the building was a beauty shop and was converted into a newly and modernly-renovated apartment. Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! . Have the space for yourself and/or tenant! Features a very large over-sized 4 car garage with excessive overhead storage space.
More Information MLS# SC-2345
Contract Information
Current Price: $265,000
Sold Price: $265,000
Status: Closed
Listing Contract Date: 2024-05-04
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: First Triangle LLC
Location Tax and Legal
Street Number: 401
Street Name: Main
Street Suffix: Street
State: PA
Postal Code: 18407
County: Lackawanna
General Property Information
Number Of Units Total: 3
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Above Grade Finished Area: 3400
Living Area: 3400
Enhanced Accessible: No
Year Built: 1952
Year Built Source: Other
New Construction YN: No
Garage YN: Yes
Garage Spaces: 4
Lot Size Acres: 0.14
Lot Size Dimensions: 50X132X50X125
Waterfront YN: No
Basement YN: Yes
Furnished: Unfurnished
Stories: 2
Units Furnished: None
Auction YN: No
List Price/SqFt: 95.59
Sold Price/SqFt: 77.94
Remarks and Miscellaneous
Public Remarks: Calling All Investors!!!!!This 3 Unit huge, extra-ordinary Multifamily is an investor's dream come true with this property providing an investor with gross Income expected each month!! Accessible location and within walking distance to shopping and dining. Minutes from stores, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Sheets is located 2 minutes from this property. This ready to go Multifamily property boasts 3 totally remolded and freshly painted beautiful apartments with hardwood and laminate floors throughout. You will have the advantage of living in one of the units and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the side of the building was a beauty shop and was converted into a newly and modernly-renovated apartment. Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! . Have the space for yourself and/or tenant! Features a very large over-sized 4 car garage with excessive overhead storage space.
Status Change Information
Major Change Timestamp: 2024-08-19T23:05:44Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-21T16:57:29Z
Status Change Timestamp: 2024-08-19
Purchase Contract Date: 2024-06-07
Close Date: 2024-08-19
Close Price: 265000
Concessions: No
Buyer Financing: Conventional
Unit 1
Unit #: 1
SqFt Total: 1200
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit 2
Unit #: 2
SqFt Total: 800
Baths Total: 1
Beds Total: 1
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: No
Unit 3
Unit #: 3
SqFt Total: 1400
Baths Total: 2
Beds Total: 3
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: No
Property Features
Appliances: Electric Range
Architectural Style: Multiple Buildings
Basement: Unfinished
Common Walls: No Common Walls
Construction Materials: Vinyl Siding
Cooling: None
Current Financing: None
Door Features: Storm Door(s)
Electric: 200+ Amp Service
Exterior Features: Private Entrance; Private Yard
Fireplace Features: None
Flooring: Hardwood; Laminate; Tile
Foundation Details: Block
Heating: Baseboard
Laundry Features: In Bathroom; In Kitchen; In Unit
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Other Structures: Garage(s)
Owner Pays: Insurance; Taxes
Parking Features: Garage; On Street; Parking Pad
Property Condition: Updated/Remodeled
Showing Requirements: Lockbox; Show Notice Required; Text Listing Agent
Listing Office: ERA One Source Realty
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.