509 511 513 Beech Street, Scranton, PA 18505 (MLS# 19-296)

509 511 513 Beech Street, Scranton, PA 18505

$650,000
Property Type: Residential Income Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $650,000 List Date: 1/24/2019 Last Modified: 9/11/2024

Description

Great investment properties! Store front Tenants include a Grocery Store and Barber Shop. 509 Beech St building features 6 apartments along with 2 store fronts and 4 apartments in 513 Beech Street building. On site parking for 10 cars, plus on street parking. Both properties are in excellent condition and currently fully rented with all month to month leases with the exception of the Grocery Store (lease expires 10/21/21)., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 2673.00, SqFt Fin - Main: 2648.00, SqFt Fin - 2nd: 2673.00, Additional Info: Landlord - Electric for House Meter (Inc: Laundry, Lights, Outside Lights). Sewer/Water Combined Tenants - Electric

More Information MLS# 19-296

Contract Information

Current Price: $650,000 Sold Price: $650,000 Status: Closed List Date: 2019-01-24 Property Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Green Tree Realty Partners LLC

Location Tax and Legal

House # (1): 509 Street Name: 511 513 Beech Street Suffix: Street City (Post Office): Scranton State/Province: PA Zip Code: 18505 County: Lackawanna Geo Lat: 41.396591 Geo Lon: -75.66741

General Property Information

Above Grade Finished Area: 7994 Below Grade Unfinished Area: 2648 Year Built: 1950 New Construction YN: No Parking Total: 10 Lot Size Acres: 0.21 Lot Size Dimensions: 190X50 Waterfront YN: No Basement YN: No Fireplace YN: No Spa YN: No

Remarks and Miscellaneous

Public Remarks: Great investment properties! Store front Tenants include a Grocery Store and Barber Shop. 509 Beech St building features 6 apartments along with 2 store fronts and 4 apartments in 513 Beech Street building. On site parking for 10 cars, plus on street parking. Both properties are in excellent condition and currently fully rented with all month to month leases with the exception of the Grocery Store (lease expires 10/21/21)., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 2673.00, SqFt Fin - Main: 2648.00, SqFt Fin - 2nd: 2673.00, Additional Info: Landlord - Electric for House Meter (Inc: Laundry, Lights, Outside Lights). Sewer/Water Combined Tenants - Electric

Status Change Information

Major Change Timestamp: 2019-09-29T13:32:54Z Major Change Type: Status Change Price Change Timestamp: 2019-07-26T19:48:20Z Status Change Timestamp: 2019-09-29 PurchaseContractDate: 2019-08-19 CloseDate: 2019-09-27 ClosePrice: 650000

Income and Expenses

Gross Income: 100227 Water Expense: 11236.64

Unit 1

Unit #: 513 Beech Unit 1 Actual Rent: 650 SqFt Total: 551 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: M/M Lease

Unit 3

Unit #: 513 Beech Unit 3

Unit 4

Unit #: 513 Beech Unit 4

Unit 5

Unit #: 509 Beech - Barber

Unit 6

Unit #: 509 Beech - Grocery

Unit 7

Unit #: 509 Beech - Unit 1

Unit 8

Unit #: 509 Beech - Unit 2

Unit 9

Unit #: 509 Beech - Unit 3

Unit 10

Unit #: 509 Beech - Unit 4

Unit Details

1 Bedroom: 7 2 Bedroom: 2 3 Bedroom: 1 Storefront: 2

Property Features

Appliances: Range; Refrigerator Architectural Style: Multiple Buildings Association Amenities: Coin Laundry Community Features: None Construction Materials: Brick Cooling: Ceiling Fan(s) Heating: Electric; Natural Gas Levels: Three Or More Listing Terms: Cash Lot Features: Corner Lot; Level Parking Features: On Street; None Patio And Porch Features: Deck; Porch Roof: Rubber Sewer: Public Sewer Showing Requirements: Appointment Only; Showing Service Water Source: Public
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.