615 Birch Street, L 9, Scranton, PA 18501 (MLS# SC-250202)

615 Birch Street, L 9, Scranton, PA 18501

New Listing
$580,000
Property Type: Residential Income Bedrooms: 13 Baths: 5 Lot Size (sq. ft.): 26,136 Status: Active
Current Price: $580,000 List Date: 1/15/2025 Last Modified: 1/16/2025

Description

**Charming and Profitable 4-Unit Property in Desirable Scranton Neighborhood!** 8 Parking Spaces! All Separate Utilities! TURN KEY and RENTED at MARKET RENT Discover this beautifully restored 4-unit gem, a true money maker! Featuring stunning hardwood and tile floors, this property is a must-see to truly appreciate its charm and potential. Imagine living in one unit while the rental income from the other three units covers your mortgage—an investor's dream! Located in a highly sought-after neighborhood of Scranton, this property offers both convenience and opportunity. It's just a stone's throw away from downtown and the University, making it an attractive option for tenants. Each unit boasts separate heating, ensuring comfort and efficiency for all residents. Recent updates have enhanced the property's appeal, making it even more inviting and modern. Don't miss out on this fantastic investment opportunity. With plenty of potential to increase income, this property is a rare find. Schedule your viewing today and see for yourself why this 4-unit property is a standout choice! **Note:** The property is currently occupied, so please arrange viewings in advance.

More Information MLS# SC-250202

Contract Information

Current Price: $580,000 List Price: $580,000 Status: Active Listing Contract Date: 2025-01-14 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Khan

Location Tax and Legal

Street Number: 615 Street Name: Birch Street Suffix: Street State: PA Postal Code: 18501 County: Lackawanna

General Property Information

Number Of Units Total: 4 Bedrooms Total: 13 Bathrooms Total: 5 Bathrooms Full: 5 Above Grade Finished Area: 3970 Living Area: 3970 Enhanced Accessible: No Year Built: 1920 Year Built Source: Estimated New Construction YN: No Lot Size Acres: 0.6 Lot Size Dimensions: 40X162 Waterfront YN: No Basement YN: Yes Stories: 3 Auction YN: No List Price/SqFt: 146.1

Remarks and Miscellaneous

Public Remarks: **Charming and Profitable 4-Unit Property in Desirable Scranton Neighborhood!** 8 Parking Spaces! All Separate Utilities! TURN KEY and RENTED at MARKET RENT Discover this beautifully restored 4-unit gem, a true money maker! Featuring stunning hardwood and tile floors, this property is a must-see to truly appreciate its charm and potential. Imagine living in one unit while the rental income from the other three units covers your mortgage—an investor's dream! Located in a highly sought-after neighborhood of Scranton, this property offers both convenience and opportunity. It's just a stone's throw away from downtown and the University, making it an attractive option for tenants. Each unit boasts separate heating, ensuring comfort and efficiency for all residents. Recent updates have enhanced the property's appeal, making it even more inviting and modern. Don't miss out on this fantastic investment opportunity. With plenty of potential to increase income, this property is a rare find. Schedule your viewing today and see for yourself why this 4-unit property is a standout choice! **Note:** The property is currently occupied, so please arrange viewings in advance.

Status Change Information

Major Change Timestamp: 2025-01-15T18:10:27Z Major Change Type: New Listing Status Change Timestamp: 2025-01-15

Income and Expenses

Annual Total Expense: 9777

Unit 1

Unit #: 1 Actual Rent: 1500 SqFt Total: 1100 Baths Total: 2 Beds Total: 5 Dining Room YN: Yes Kitchen YN: Yes

Unit 2

Unit #: 2 Actual Rent: 1400 SqFt Total: 1000 Baths Total: 1 Beds Total: 4 Dining Room YN: Yes Kitchen YN: Yes

Unit 3

Unit #: 3 Actual Rent: 1100 SqFt Total: 900 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes

Unit 4

Unit #: 4 Actual Rent: 1100 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes

Property Features

Basement: Block
Listing Office: Gorilla Real Estate LLC
Last Updated: January - 16 - 2025
Information deemed reliable but not guaranteed.