515 517 George Street, Throop, PA 18512 (MLS# 21-3351)

515 517 George Street, Throop, PA 18512

$580,000

Property Type: Residential Income Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $580,000 List Date: 7/30/2021 Last Modified: 9/10/2024

Description

Ten fully leased Units! Very low taxes and expenses. Many updates such as a brand new roof installed in 2021 as well as 10 brand new electric service and meters replaced and installed in 2021. Also separate water meters for each unit. Plenty of street parking, as well as a parking lot out back. Front unit to the right has been completely remodeled with brand new stainless steel appliances and many updates! Come check out this moneymaker in Throop!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1400.00, SqFt Fin - Main: 2710.00, SqFt Fin - 2nd: 2900.00

More Information MLS# 21-3351

Contract Information

Current Price: $580,000 Sold Price: $580,000 Status: Closed Listing Contract Date: 2021-07-28 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: 515 George LLC

Location Tax and Legal

Street Number: 515 Street Name: 517 George Street Suffix: Street State: PA Postal Code: 18512 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 10 Above Grade Finished Area: 7010 Below Grade Finished Area: 600 Below Grade Unfinished Area: 2110 Living Area: 7610 Enhanced Accessible: No Year Built: 1930 New Construction YN: No Parking Total: 8 Lot Size Acres: 0.14 Lot Size Dimensions: 50X122 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 3 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Ten fully leased Units! Very low taxes and expenses. Many updates such as a brand new roof installed in 2021 as well as 10 brand new electric service and meters replaced and installed in 2021. Also separate water meters for each unit. Plenty of street parking, as well as a parking lot out back. Front unit to the right has been completely remodeled with brand new stainless steel appliances and many updates! Come check out this moneymaker in Throop!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1400.00, SqFt Fin - Main: 2710.00, SqFt Fin - 2nd: 2900.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2022-01-04T19:05:44Z Major Change Type: Status Change Status Change Timestamp: 2022-01-04 Purchase Contract Date: 2021-08-03 Close Date: 2021-12-27 Close Price: 580000 Concessions: No

Income and Expenses

Gross Income: 81000

Unit 1

Unit #: Apt 1 Actual Rent: 605 Security Deposit $: 725 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: Apt 2 Actual Rent: 1100 Security Deposit $: 1375 SqFt Total: 868 Baths Total: 1 Beds Total: 3 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: Apt 3 Actual Rent: 420 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: Apt 4 Actual Rent: 625 Security Deposit $: 781.25 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: Apt 5 Actual Rent: 650 Security Deposit $: 812.5 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 6

Unit #: Apt 6 Actual Rent: 625 Security Deposit $: 781.25 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 7

Unit #: Apt 7 Actual Rent: 650 SqFt Total: 700 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 8

Unit #: Apt 8 Actual Rent: 750 SqFt Total: 700 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 9

Unit #: Apt 9 Actual Rent: 650 SqFt Total: 625 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 10

Unit #: Unit 10 Actual Rent: 675 SqFt Total: 675 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit Details

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

Road Frontage Type

Road Frontage Length: 50

Property Features

Basement: Full Community Features: None Construction Materials: Stucco Cooling: Ceiling Fan(s) Heating: Baseboard; Electric; Natural Gas; Steam Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Level Parking Features: Gravel; Off Street; On Street; Parking Pad Patio And Porch Features: Deck; Porch Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Water Source: Public

Listing Office: Dwell Real Estate

Last Updated: September - 10 - 2024

Information deemed reliable but not guaranteed.