838-840 Monroe Avenue, Scranton, PA 18510 (MLS# SC-288)
838-840 Monroe Avenue, Scranton, PA 18510
$365,000
Property Type:
Residential Income
Bedrooms:
12
Baths:
6
Lot Size (sq. ft.):
5,663
Status:
Closed
Current Price:
$365,000
List Date:
12/13/2023
Last Modified:
9/11/2024
Description
Your investment opportunity in the Hill Section of Scranton awaits!
This four-unit property offers a diverse mix of units for extra versatility. The property also includes a garage, possibly providing an additional income stream if rented separately.
Seize the chance to house hack, build equity, and grow your investment portfolio.
Contact us for more information!
More Information MLS# SC-288
Contract Information
Current Price: $365,000
Sold Price: $365,000
Status: Closed
Listing Contract Date: 2023-12-13
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: 616 Investments LLC
Location Tax and Legal
Street Number: 838-840
Street Name: Monroe
Street Suffix: Avenue
State: PA
Postal Code: 18510
County: Lackawanna
General Property Information
Number Of Units Total: 4
Bedrooms Total: 12
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Above Grade Finished Area: 4547
Below Grade Unfinished Area: 1749
Living Area: 4547
Enhanced Accessible: No
Year Built: 1930
Year Built Source: Estimated
New Construction YN: No
Lot Size Acres: 0.13
Lot Size Dimensions: 38X160
Basement YN: Yes
Stories: 2
Auction YN: No
List Price/SqFt: 83.57
Sold Price/SqFt: 80.27
Remarks and Miscellaneous
Public Remarks: Your investment opportunity in the Hill Section of Scranton awaits!
This four-unit property offers a diverse mix of units for extra versatility. The property also includes a garage, possibly providing an additional income stream if rented separately.
Seize the chance to house hack, build equity, and grow your investment portfolio.
Contact us for more information!
Status Change Information
Major Change Timestamp: 2024-04-08T13:41:05Z
Major Change Type: Status Change
Status Change Timestamp: 2024-04-08
Purchase Contract Date: 2024-02-07
Close Date: 2024-04-05
Close Price: 365000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Annual Total Expense: 10691
Gross Income: 45588
Insurance Expense: 1500
New Taxes Expense: 6791
Water Expense: 2400
Unit 1
Unit #: 1
Actual Rent: 874
SqFt Total: 1500
Baths Total: 2
Beds Total: 4
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1400
SqFt Total: 1749
Baths Total: 2
Beds Total: 5
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Actual Rent: 950
SqFt Total: 750
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 4
Unit #: 4
Actual Rent: 575
SqFt Total: 548
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Property Features
Basement: Full
Construction Materials: Vinyl Siding
Cooling: None
Current Financing: Conventional; Other
Current Use: Multi-Family
Financial Data Source: Owner
Heating: Natural Gas
Listing Terms: Cash; Conventional
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: Occupied; Restricted Hours
Water Source: Public
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.