520-542 New York Street, Dunmore, PA 18509 (MLS# 22-3703)
520-542 New York Street, Dunmore, PA 18509
$1,360,000
Property Type:
Residential Income
Lot Size (sq. ft.):
23,522
Status:
Closed
Current Price:
$1,360,000
List Date:
8/16/2022
Last Modified:
1/15/2025
Description
Well maintained 13-unit residential property in Dunmore. You will not find a better investment property for a long time! This is a very well-maintained property that has been expertly managed and has fantastic tenants. Net operating income is over $120k. Shown only to qualified buyers., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 6082.00, SqFt Fin - 2nd: 6082.00, Additional Info: Showings will not begin until Tuesday August 23rd.
Sale includes parcel 14610010024
Lot Dimensions 48x120
Assessed value, acreage, and taxes represent the total of both parcels.
More Information MLS# 22-3703
Contract Information
Current Price: $1,360,000
Sold Price: $1,360,000
Status: Closed
List Date: 2022-08-16
Property Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Martin Fangio and Julie Fangio
Location Tax and Legal
House # (1): 520-542
Street Name: New York
Street Suffix: Street
City (Post Office): Dunmore
State/Province: PA
Zip Code: 18509
County: Lackawanna
Geo Lat: 41.422305
Geo Lon: -75.64615
General Property Information
Above Grade Finished Area: 12164
Below Grade Finished Area: 600
Below Grade Unfinished Area: 5482
Year Built: 1940
New Construction YN: No
Parking Total: 21
Lot Size Acres: 0.54
Lot Size Dimensions: 149x120
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: Well maintained 13-unit residential property in Dunmore. You will not find a better investment property for a long time! This is a very well-maintained property that has been expertly managed and has fantastic tenants. Net operating income is over $120k. Shown only to qualified buyers., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 6082.00, SqFt Fin - 2nd: 6082.00, Additional Info: Showings will not begin until Tuesday August 23rd.
Sale includes parcel 14610010024
Lot Dimensions 48x120
Assessed value, acreage, and taxes represent the total of both parcels.
Status Change Information
Major Change Timestamp: 2022-10-11T16:23:06Z
Major Change Type: Status Change
Status Change Timestamp: 2022-10-11
PurchaseContractDate: 2022-08-26
CloseDate: 2022-10-11
ClosePrice: 1360000
Concessions: No
Income and Expenses
Gross Income: 146700
Water Expense: 3525.87
Unit 1
Unit #: 520
Actual Rent: 1100
SqFt Total: 1225
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit Remarks: Central A/C
Unit 3
Unit #: 524
Unit 4
Unit #: 526
Unit 5
Unit #: 528
Unit 6
Unit #: 530
Unit 7
Unit #: 532
Unit 8
Unit #: 534
Unit 9
Unit #: 540 Unit 1
Unit 10
Unit #: 540 Unit 2
Property Features
Appliances: Range; Refrigerator
Community Features: None
Construction Materials: Stone; Vinyl Siding
Cooling: Central Air
Heating: Electric; Forced Air; Hot Water; Natural Gas
Laundry Features: Gas Dryer Hookup
Levels: One and One Half
Lot Features: Corner Lot; Level; Rectangular Lot
Parking Features: Assigned; Off Street
Patio And Porch Features: Deck; Porch
Road Frontage Type: City Street
Roof: Composition; Wood
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Water Source: Public
Listing Office: CLASSIC PROPERTIES
Last Updated: January - 15 - 2025
Information deemed reliable but not guaranteed.