701 Sibley Avenue, Old Forge, PA 18518 (MLS# 18-1251)
701 Sibley Avenue, Old Forge, PA 18518
$480,000
Property Type:
Residential Income
Lot Size (sq. ft.):
21,780
Status:
Closed
Current Price:
$480,000
List Date:
4/03/2018
Last Modified:
12/06/2024
Description
A very rare investment opportunity in Old Forge.. 9 unit, fully rented property on a corner 1/2 acre lot. Units are very well maintained. The property has ample off-street parking and a 1 car garage (currently rented, but not listed on income)., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 4896.00, SqFt Fin - 2nd: 4896.00
More Information MLS# 18-1251
Contract Information
Current Price: $480,000
Sold Price: $480,000
Status: Closed
List Date: 2018-04-03
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Florida Penn Realty, LLC.
Location Tax and Legal
House # (1): 701
Street Name: Sibley
Street Suffix: Avenue
City (Post Office): Old Forge
State/Province: PA
Zip Code: 18518
County: Lackawanna
Geo Lat: 41.380356
Geo Lon: -75.729401
General Property Information
Above Grade Finished Area: 9792
Year Built: 1940
New Construction YN: No
Garage Spaces: 1
Parking Total: 16
Lot Size Acres: 0.5
Lot Size Dimensions: 140X150
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: A very rare investment opportunity in Old Forge.. 9 unit, fully rented property on a corner 1/2 acre lot. Units are very well maintained. The property has ample off-street parking and a 1 car garage (currently rented, but not listed on income)., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 4896.00, SqFt Fin - 2nd: 4896.00
Status Change Information
Major Change Timestamp: 2018-07-16T14:33:28Z
Major Change Type: Status Change
Status Change Timestamp: 2018-07-16
PurchaseContractDate: 2018-05-17
CloseDate: 2018-07-13
ClosePrice: 480000
Income and Expenses
Gross Income: 70200
Sewer Expense: 2880
Water Expense: 3908
Unit 1
Unit #: 701
Actual Rent: 600
SqFt Total: 706
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Lease Expiration Date: 2018-12-01
Unit 3
Unit #: 703 B
Unit 4
Unit #: 705
Unit 5
Unit #: 707
Unit 6
Unit #: 709
Unit 7
Unit #: 711
Unit 8
Unit #: 713
Unit 9
Unit #: 715
Property Features
Appliances: Range; Refrigerator
Architectural Style: Complex
Community Features: None
Construction Materials: Asbestos; Stucco
Cooling: None
Foundation Details: Slab
Heating: Baseboard; Electric; Hot Water; Natural Gas
Laundry Features: None
Levels: One and One Half
Listing Terms: Cash
Lot Features: Corner Lot; Level
Parking Features: Detached; Off Street; None
Road Frontage Type: City Street
Roof: Composition; Flat; Wood
Sewer: Public Sewer
Showing Requirements: Appointment Only
Water Source: Public
Listing Office: NASSER REAL ESTATE, INC.
Last Updated: December - 06 - 2024
Information deemed reliable but not guaranteed.