628-634 Madison Avenue, Scranton, PA 18510 (MLS# 22-1181)

628-634 Madison Avenue, Scranton, PA 18510

$502,000

Property Type: Residential Income Lot Size (sq. ft.): 25,700 Status: Closed

Current Price: $502,000 List Date: 3/29/2022 Last Modified: 11/25/2024

Description

Extremely well maintained and fully occupied four unit on two lots near the University of Scranton and the Commonwealth Medical College. This house was completely gutted a few years ago and transformed into four beautiful 2-bedroom apartments. Great income generator with even greater income potential. The property Tenants are all responsible graduate students!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1950.00, SqFt Fin - 2nd: 1950.00, Additional Info: Measurements are approximate and not guaranteed. Sale includes two 40x160 lots on separate deeds. Second Lot Pin # 14677030008 Second Lot Deed Book # 2011002230

More Information MLS# 22-1181

Contract Information

Current Price: $502,000 Sold Price: $502,000 Status: Closed Listing Contract Date: 2022-03-29 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Sawfin, LLC

Location Tax and Legal

Street Number: 628-634 Street Name: Madison Street Suffix: Avenue State: PA Postal Code: 18510 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Above Grade Finished Area: 3900 Below Grade Unfinished Area: 1950 Living Area: 3900 Enhanced Accessible: No Year Built: 1930 New Construction YN: No Parking Total: 4 Lot Size Acres: 0.59 Lot Size Dimensions: 80x320 Land Lease YN: Yes Waterfront YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Extremely well maintained and fully occupied four unit on two lots near the University of Scranton and the Commonwealth Medical College. This house was completely gutted a few years ago and transformed into four beautiful 2-bedroom apartments. Great income generator with even greater income potential. The property Tenants are all responsible graduate students!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1950.00, SqFt Fin - 2nd: 1950.00, Additional Info: Measurements are approximate and not guaranteed. Sale includes two 40x160 lots on separate deeds. Second Lot Pin # 14677030008 Second Lot Deed Book # 2011002230 Exclusions: No

Status Change Information

Major Change Timestamp: 2022-09-08T22:39:48Z Major Change Type: Status Change Status Change Timestamp: 2022-09-08 Purchase Contract Date: 2022-04-05 Close Date: 2022-09-08 Close Price: 502000 Concessions: No

Income and Expenses

Gross Income: 47040 Sewer Expense: 1350 Water Expense: 1350

Unit 1

Unit #: 632 Front Actual Rent: 980 Security Deposit $: 980 SqFt Total: 975 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 632 Rear Actual Rent: 980 Security Deposit $: 980 SqFt Total: 930 Baths Total: 1 Beds Total: 2 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 634 Front Actual Rent: 980 Security Deposit $: 980 SqFt Total: 975 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 634 Rear Actual Rent: 980 Security Deposit $: 980 SqFt Total: 930 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes

Road Frontage Type

Road Frontage Length: 80

Property Features

Appliances: Dishwasher; Range; Refrigerator Basement: Full Community Features: None Construction Materials: Vinyl Siding Cooling: Central Air; Electric Heating: Electric; Forced Air Laundry Features: None Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Rectangular Lot Parking Features: Gravel; Off Street; Parking Pad Patio And Porch Features: Deck; Porch Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only Water Source: Public

Listing Office: Cobblestone Real Estate LLC

Last Updated: November - 25 - 2024

Information deemed reliable but not guaranteed.