517-523 E Gibson Street, Scranton, PA 18509 (MLS# 17-4078)

517-523 E Gibson Street, Scranton, PA 18509

$345,000
Property Type: Residential Income Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $345,000 List Date: 8/25/2017 Last Modified: 9/10/2024

Description

5 unit residential building with parking for 30 cars across the street from the Geisinger Commonwealth Medical College. Excellent tenant and income history (see attached documents). Was completely renovated from basement to roof. Has sprinkler system. Plenty of storage and coin operated washer and dryer. Minimal maintenance property. Can be bought together with MLS # 17-4070. True pride of ownership! Note: Please be sure to view the virtual tour. The tour was created before all appliances were installed. Agent to be present for all showings., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1100.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00, Additional Info: Owner has asked Agent to pre-qualify Buyers. Second tax ID 14661020009. DB/PG 2007/021.

More Information MLS# 17-4078

Contract Information

Current Price: $345,000 Sold Price: $345,000 Status: Closed Listing Contract Date: 2017-08-25 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: TWINS MANAGEMENT, LLC

Location Tax and Legal

Street Number: 517-523 Street Direction Prefix: E Street Name: Gibson Street Suffix: Street State: PA Postal Code: 18509 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 5 Above Grade Finished Area: 4300 Below Grade Unfinished Area: 1600 Living Area: 4300 Enhanced Accessible: No Year Built: 1950 New Construction YN: No Parking Total: 30 Lot Size Acres: 0.25 Lot Size Dimensions: 31X111X34X222 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: 5 unit residential building with parking for 30 cars across the street from the Geisinger Commonwealth Medical College. Excellent tenant and income history (see attached documents). Was completely renovated from basement to roof. Has sprinkler system. Plenty of storage and coin operated washer and dryer. Minimal maintenance property. Can be bought together with MLS # 17-4070. True pride of ownership! Note: Please be sure to view the virtual tour. The tour was created before all appliances were installed. Agent to be present for all showings., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1100.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00, Additional Info: Owner has asked Agent to pre-qualify Buyers. Second tax ID 14661020009. DB/PG 2007/021. Exclusions: No

Status Change Information

Major Change Timestamp: 2017-12-10T23:40:03Z Major Change Type: Status Change Status Change Timestamp: 2017-12-10 Purchase Contract Date: 2017-10-09 Close Date: 2017-12-08 Close Price: 345000 Buyer Financing: Conventional

Income and Expenses

Gross Income: 52580 Water Expense: 2845.13

Unit 1

Unit #: 521 1st flr Actual Rent: 820 SqFt Total: 750 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 523 1st flr Actual Rent: 820 SqFt Total: 750 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 521 2nd flr Actual Rent: 880 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 523 2nd flr Actual Rent: 880 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 523 3rd flr Actual Rent: 915 SqFt Total: 1100 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Road Frontage Type

Road Frontage Length: 65

Property Features

Appliances: Range; Refrigerator Architectural Style: Complex Association Amenities: Coin Laundry; Trash Basement: Full Construction Materials: Vinyl Siding Cooling: Other Current Use: Residential Heating: Baseboard; Electric Laundry Features: Common Area; None Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Other; See Remarks Parking Features: Gravel; Off Street; Unpaved; Other; See Remarks Patio And Porch Features: Deck; Porch Possession: Negotiable Road Surface Type: Paved Roof: Composition; Wood Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Email Listing Agent; Text Listing Agent Water Source: Public
Listing Office: ERA One Source Realty
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.