542 Taylor Avenue, Scranton, PA 18510 (MLS# 22-3459)
542 Taylor Avenue, Scranton, PA 18510
$480,000
Property Type:
Residential Income
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$480,000
List Date:
8/03/2022
Last Modified:
9/11/2024
Description
INVESTORS DREAM!!! 6 Units fully rented. PROFITABLE property. Beautifully maintained. Rents can easily be raised to $1,000 per month or more. Hardwood floors, Secure building, wired Fire Alarm on each floor. Lovely two bedroom apartments. The 6th apartment is a 1 Bdrm.
Tenants pay their own cooking gas and water. A MUST SEE!!! Very low maintenance!!!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1700.00, SqFt Fin - 2nd: 1700.00, Additional Info: Landlord pays
Heat - $289.00 per month
Water for heat $70.00 per month
Taxes approx $7,000
Trash $121 per month Private company
Lawn $40 twice per month in summer
Insurance $1,100 per year
More Information MLS# 22-3459
Contract Information
Current Price: $480,000
Sold Price: $480,000
Status: Closed
List Date: 2022-08-01
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: 542 Taylor Avenue, LLC
Location Tax and Legal
House # (1): 542
Street Name: Taylor Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
Geo Lat: 41.406599
Geo Lon: -75.649149
General Property Information
Above Grade Finished Area: 3400
Below Grade Finished Area: 1200
Below Grade Unfinished Area: 500
Year Built: 1916
New Construction YN: No
Lot Size Acres: 0.18
Lot Size Dimensions: 50x160
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: INVESTORS DREAM!!! 6 Units fully rented. PROFITABLE property. Beautifully maintained. Rents can easily be raised to $1,000 per month or more. Hardwood floors, Secure building, wired Fire Alarm on each floor. Lovely two bedroom apartments. The 6th apartment is a 1 Bdrm.
Tenants pay their own cooking gas and water. A MUST SEE!!! Very low maintenance!!!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1700.00, SqFt Fin - 2nd: 1700.00, Additional Info: Landlord pays
Heat - $289.00 per month
Water for heat $70.00 per month
Taxes approx $7,000
Trash $121 per month Private company
Lawn $40 twice per month in summer
Insurance $1,100 per year
Status Change Information
Major Change Timestamp: 2022-09-19T14:46:05Z
Major Change Type: Status Change
Status Change Timestamp: 2022-09-19
PurchaseContractDate: 2022-09-02
CloseDate: 2022-09-16
ClosePrice: 480000
Concessions: No
Buyer Financing: Cash
Income and Expenses
Gross Income: 55800
Water Expense: 840
Unit 1
Unit #: 1R
Actual Rent: 875
SqFt Total: 500
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Unit 3
Unit #: 2R
Unit 4
Unit #: 2L
Unit 5
Unit #: Basement
Unit 6
Unit #: 6
Unit Details
1 Bedroom: 2
2 Bedroom: 4
Property Features
Community Features: None
Construction Materials: Stucco
Cooling: None
Heating: Electric; Steam
Levels: One and One Half
Listing Terms: Cash
Lot Features: Level
Parking Features: Gravel; On Street
Road Frontage Type: City Street
Roof: Composition; Wood
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Text Listing Agent
Water Source: Public
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.