722 724 726 728 Cedar, Scranton, PA 18505 (MLS# SC-5398)

722 724 726 728 Cedar, Scranton, PA 18505

$475,000
Property Type: Residential Income Bedrooms: 6 Baths: 4 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $475,000 List Date: 10/16/2024 Last Modified: 1/08/2025

Description

A fantastic opportunity awaits the buyer of this mixed-use property. Commercial store front and 2 residential apartments. The property has a large parcel with a paved parking area and a large rear yard. Many options await the buyer of this property. It is unique with a very large lot, and location to growing commercial properties. Convenient to public transportation, and downtown Scranton. Also easy access to route 81, 84, 380 and 80. Don't delay, call Jeff Today.

More Information MLS# SC-5398

Contract Information

Current Price: $475,000 List Price: $475,000 Status: Active Listing Contract Date: 2024-10-15 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell Listing Service: Full Service Seller Offers Concessions YN: No Owner Name: lucineia Viegas Da Costa

Location Tax and Legal

Street Number: 722 Street Name: 724 726 728 Cedar State: PA Postal Code: 18505 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 3 Bedrooms Total: 6 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Above Grade Finished Area: 3884 Living Area: 3884 Enhanced Accessible: No Year Built: 1940 Year Built Source: Owner New Construction YN: No Garage YN: No Lot Size Acres: 0.27 Lot Size Dimensions: 60X150 Waterfront YN: No Basement YN: No Stories: 2 Units Furnished: None Fireplace YN: No Spa YN: No Senior Community YN: No Rent Control YN: No Auction YN: No List Price/SqFt: 122.3

Remarks and Miscellaneous

Public Remarks: A fantastic opportunity awaits the buyer of this mixed-use property. Commercial store front and 2 residential apartments. The property has a large parcel with a paved parking area and a large rear yard. Many options await the buyer of this property. It is unique with a very large lot, and location to growing commercial properties. Convenient to public transportation, and downtown Scranton. Also easy access to route 81, 84, 380 and 80. Don't delay, call Jeff Today.

Status Change Information

Major Change Timestamp: 2025-01-08T21:19:05Z Major Change Type: Price Reduced Price Change Timestamp: 2025-01-08T21:19:05Z Status Change Timestamp: 2024-10-15

Income and Expenses

Annual Total Expense: 14689 Insurance Expense: 1200 Maintenance Expense: 1500 Other Expense: 5000 Professional Management Expense: 988 Vacancy Allowance Rate: 988

Unit 1

Unit #: 722 Actual Rent: 1500 SqFt Total: 1156 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit 2

Unit #: 724 1st floor Actual Rent: 1500 SqFt Total: 1156 Baths Total: 1 Dining Room YN: No Kitchen YN: No Living Room YN: No Occupied YN: Yes

Unit 3

Unit #: 724 2nd floor Actual Rent: 1200 SqFt Total: 1572 Baths Total: 2 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes

Unit Details

Storefront: 724

Meter Information

Number Of Separate Electric Meters: 3 Number Of Separate Gas Meters: 2

Property Features

Architectural Style: Complex Common Walls: 2+ Common Walls Community Features: None Construction Materials: Aluminum Siding; Concrete; Frame Cooling: None Current Financing: Conventional; FHA 203(k) Current Use: Commercial; Multi-Family Fencing: Chain Link; Partial Financial Data Source: Owner Fireplace Features: None Flooring: Carpet; Laminate; Wood Foundation Details: Stone Heating: Natural Gas; Steam Income Includes: Rent Only Interior Features: Eat-in Kitchen; High Ceilings Laundry Features: None Levels: Two Listing Terms: Cash; Conventional; FHA Lot Features: Back Yard; City Lot; Cleared; Few Trees; Near Public Transit; Paved; Sloped Down Owner Pays: Gas; Sewer; Water Parking Features: Alley Access; Drive Through; Driveway; Off Street; On Site; On Street; Private Patio And Porch Features: Awning(s); Front Porch; Rear Porch Pool Features: None Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Shingle Security Features: Building Security Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; No Sign; Occupied Spa Features: None Structure Type: Mixed Use; Triplex Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available View: Neighborhood
Listing Office: Jeff Davis Real Estate LLC
Last Updated: January - 08 - 2025
Information deemed reliable but not guaranteed.