701-703 N Main, Scranton, PA 18504 (MLS# 23-4055)
701-703 N Main, Scranton, PA 18504
$380,000
Property Type:
Residential Income
Lot Size (sq. ft.):
9,148
Status:
Closed
Current Price:
$380,000
List Date:
1/09/2024
Last Modified:
9/11/2024
Description
4 UNITS/2 HOMES. INVESTORS DREAM. Well maintained/newly renovated apartments. Excellent ROI! The newly renovated apartment has been left vacant at my request so the new owner may choose their tenant. These homes are priced to sell quickly. Buyers, Live in one apartment and let the three other apartment incomes pay your mortgage. Very nice homes inside and out., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 343.00, SqFt Fin - Main: 3100.00, SqFt Fin - 2nd: 3100.00
More Information MLS# 23-4055
Contract Information
Current Price: $380,000
Sold Price: $380,000
Status: Closed
Listing Contract Date: 2023-09-19
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: 701-703 North Main Ave LLC
Location Tax and Legal
Street Number: 701-703
Street Direction Prefix: N
Street Name: Main
State: PA
Postal Code: 18504
County: Lackawanna
General Property Information
Number Of Buildings: 2
Number Of Units Total: 4
Above Grade Finished Area: 6543
Below Grade Unfinished Area: 3100
Living Area: 6543
Enhanced Accessible: No
Year Built: 1920
New Construction YN: No
Lot Size Acres: 0.21
Lot Size Dimensions: 57x160
Land Lease YN: Yes
Waterfront YN: No
Basement YN: No
Stories: 2
Fireplace YN: No
Spa YN: No
Auction YN: No
List Price/SqFt: 58.84
Sold Price/SqFt: 58.08
Remarks and Miscellaneous
Public Remarks: 4 UNITS/2 HOMES. INVESTORS DREAM. Well maintained/newly renovated apartments. Excellent ROI! The newly renovated apartment has been left vacant at my request so the new owner may choose their tenant. These homes are priced to sell quickly. Buyers, Live in one apartment and let the three other apartment incomes pay your mortgage. Very nice homes inside and out., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 343.00, SqFt Fin - Main: 3100.00, SqFt Fin - 2nd: 3100.00
Exclusions: No
Status Change Information
Major Change Timestamp: 2024-02-21T01:10:21Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-26T18:39:58Z
Status Change Timestamp: 2024-02-20
Purchase Contract Date: 2024-01-10
Close Date: 2024-02-17
Close Price: 380000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Gross Income: 54000
Unit 1
Unit #: 701
Actual Rent: 1300
SqFt Total: 2300
Baths Total: 1
Beds Total: 4
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit 2
Unit #: 703
Actual Rent: 1300
SqFt Total: 2100
Baths Total: 1
Beds Total: 3
Kitchen YN: Yes
Living Room YN: Yes
Unit 3
Unit #: 1108
Actual Rent: 750
SqFt Total: 900
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Unit Remarks: easily a 2nd bdrm
Unit 4
Unit #: 702
Actual Rent: 1150
SqFt Total: 1223
Baths Total: 1
Beds Total: 4
Dining Room YN: Yes
Kitchen YN: Yes
Unit Details
1 Bedroom: 1
2 Bedroom: 1
3 Bedroom: 1
Road Frontage Type
Road Frontage Length: 57
Property Features
Architectural Style: Multiple Buildings
Basement: Full
Community Features: None
Construction Materials: Vinyl Siding
Cooling: Ceiling Fan(s)
Heating: Natural Gas; Steam
Levels: One and One Half
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Rectangular Lot
Parking Features: On Street; None
Possession: Negotiable
Road Surface Type: Paved
Roof: Composition; Wood
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only
Water Source: Public
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.