622 Jefferson Avenue, Scranton, PA 18510 (MLS# SC-6204)

622 Jefferson Avenue, Scranton, PA 18510

$875,000

Property Type: Residential Income Bedrooms: 14 Baths: 11 Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $875,000 List Date: 3/05/2025 Last Modified: 3/10/2025

Description

BACK ON MARKET WITH BRAND NEW ROOF! Prime opportunity with this 7-unit multifamily property, ideally situated near major hospitals and schools, and perfect for tenants seeking convenience with this location. This income-generating property offers separate utilities, 16 parking spots behind the building, solid income potential, good tenant layouts, and would be a perfect addition to any investor's portfolio.

More Information MLS# SC-6204

Contract Information

Current Price: $875,000 List Price: $875,000 Status: Active Listing Contract Date: 2024-12-04 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Sharee Ganash LLC

Location Tax and Legal

Street Number: 622 Street Name: Jefferson Street Suffix: Avenue State: PA Postal Code: 18510 County: Lackawanna

General Property Information

Number Of Units Total: 7 Bedrooms Total: 14 Bathrooms Total: 11 Bathrooms Full: 8 Bathrooms Half: 2 Above Grade Finished Area: 9000 Living Area: 9000 Enhanced Accessible: No Year Built: 1920 Year Built Source: Other New Construction YN: No Open Parking Spaces: 16 Lot Size Acres: 0.31 Lot Size Dimensions: 85X160 Waterfront YN: No Basement YN: Yes Stories: 3 Auction YN: No List Price/SqFt: 97.22

Remarks and Miscellaneous

Public Remarks: BACK ON MARKET WITH BRAND NEW ROOF! Prime opportunity with this 7-unit multifamily property, ideally situated near major hospitals and schools, and perfect for tenants seeking convenience with this location. This income-generating property offers separate utilities, 16 parking spots behind the building, solid income potential, good tenant layouts, and would be a perfect addition to any investor's portfolio.

Status Change Information

Major Change Timestamp: 2025-03-05T14:22:55Z Major Change Type: Back on Market Price Change Timestamp: 2025-02-26T15:43:55Z Status Change Timestamp: 2025-03-05 Back on Market Date: 2025-03-05

Income and Expenses

Trash Expense: 3000 Water Expense: 9600

Unit 1

Unit #: 1 Actual Rent: 1200 Security Deposit $: 1200 SqFt Total: 1400 Baths Total: 2 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 2

Unit #: 2 Actual Rent: 1200 SqFt Total: 1400 Baths Total: 2 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 3

Unit #: 3 Actual Rent: 1300 SqFt Total: 1400 Baths Total: 3 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 4 Actual Rent: 1400 SqFt Total: 1400 Baths Total: 1 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes

Unit 5

Unit #: 5 Actual Rent: 950 SqFt Total: 900 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 6

Unit #: 6 Actual Rent: 1050 SqFt Total: 900 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 7

Unit #: 7 Actual Rent: 850 SqFt Total: 500 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Studio

Property Features

Basement: Concrete Construction Materials: Brick; Stucco Current Financing: Other Current Use: Multi-Family Laundry Features: Common Area; In Basement Levels: Three Or More Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent View: Downtown Water Source: Public

Listing Office: Cobblestone Real Estate LLC

Last Updated: March - 10 - 2025

Information deemed reliable but not guaranteed.