912 S Main Street, Old Forge, PA 18518 (MLS# 21-2949)

912 S Main Street, Old Forge, PA 18518

$620,000

Property Type: Residential Income Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $620,000 List Date: 7/09/2021 Last Modified: 9/10/2024

Description

This upscale investment property consists of 4 ultra modern apartments. The building is fully rented and the tenants pay heat & electric. Large communal patio in front. Convenient location. Gross rent of $60,000 per year., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2440.00, SqFt Fin - 2nd: 2440.00

More Information MLS# 21-2949

Contract Information

Current Price: $620,000 Sold Price: $620,000 Status: Closed Listing Contract Date: 2021-07-09 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Jason Mattioli

Location Tax and Legal

Street Number: 912 Street Direction Prefix: S Street Name: Main Street Suffix: Street State: PA Postal Code: 18518 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Above Grade Finished Area: 4880 Below Grade Unfinished Area: 2440 Living Area: 4880 Enhanced Accessible: No Year Built: 1940 New Construction YN: No Lot Size Acres: 0.18 Lot Size Dimensions: 107X74X77X107 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: This upscale investment property consists of 4 ultra modern apartments. The building is fully rented and the tenants pay heat & electric. Large communal patio in front. Convenient location. Gross rent of $60,000 per year., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2440.00, SqFt Fin - 2nd: 2440.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2022-05-02T12:36:38Z Major Change Type: Status Change Status Change Timestamp: 2022-05-02 Purchase Contract Date: 2021-12-13 Close Date: 2022-05-02 Close Price: 620000 Concessions: No

Income and Expenses

Gross Income: 60000 Sewer Expense: 1120 Water Expense: 3120

Unit 1

Unit #: Unit 1 Actual Rent: 1250 SqFt Total: 1125 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: Unit 2 Actual Rent: 1250 SqFt Total: 1125 Baths Total: 1 Beds Total: 2 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: Unit 3 Actual Rent: 1000 SqFt Total: 1070 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: Unit 4 Actual Rent: 1500 SqFt Total: 1542 Baths Total: 1 Beds Total: 4 Dining Room YN: No Kitchen YN: Yes

Road Frontage Type

Road Frontage Length: 107

Property Features

Basement: Full Community Features: None Construction Materials: Stone; Vinyl Siding Cooling: Central Air Heating: Natural Gas Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Interior Lot Parking Features: Off Street; None Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Showing Service Water Source: Public

Listing Office: NASSER REAL ESTATE, INC.

Last Updated: September - 10 - 2024

Information deemed reliable but not guaranteed.