916 Taylor Avenue, Scranton, PA 18510 (MLS# 21-2818)

916 Taylor Avenue, Scranton, PA 18510

$565,000
Property Type: Residential Income Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $565,000 List Date: 7/01/2021 Last Modified: 9/10/2024

Description

Incredible property and an incredible opportunity to own this turn-key money-maker and fabulous home in one. Front house is a 4-5 bedroom 2 1/2 bath home with a stunning new kitchen and bathrooms, new roof, windows and more. Gorgeous hardwoods, architectural details, living room fireplace, lovely front porch and rear patios. Rear 6-unit property from court access offers beautiful 1 bedroom apartments, each renovated, with separate heat, water/sewer and electric. Long-term happy tenants - smoke detectors hard-wired, proper ingress/egress. Nothing left to be desired. Walking distance to Geisinger Medical College, shopping, University of Scranton. Although awarded a historical merit for quality and condition, this property is not subject to HARB. Driveway for use of front house only., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 511.00, SqFt Fin - Main: 875.00, SqFt Fin - 2nd: 875.00

More Information MLS# 21-2818

Contract Information

Current Price: $565,000 Sold Price: $565,000 Status: Closed Listing Contract Date: 2021-07-01 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Cynthia Timko

Location Tax and Legal

Street Number: 916 Street Name: Taylor Street Suffix: Avenue State: PA Postal Code: 18510 County: Lackawanna

General Property Information

Number Of Buildings: 2 Number Of Units Total: 7 Above Grade Finished Area: 2261 Below Grade Unfinished Area: 732 Living Area: 2261 Enhanced Accessible: No Year Built: 1920 New Construction YN: No Parking Total: 3 Lot Size Acres: 0.15 Lot Size Dimensions: 40X160 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 3 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Incredible property and an incredible opportunity to own this turn-key money-maker and fabulous home in one. Front house is a 4-5 bedroom 2 1/2 bath home with a stunning new kitchen and bathrooms, new roof, windows and more. Gorgeous hardwoods, architectural details, living room fireplace, lovely front porch and rear patios. Rear 6-unit property from court access offers beautiful 1 bedroom apartments, each renovated, with separate heat, water/sewer and electric. Long-term happy tenants - smoke detectors hard-wired, proper ingress/egress. Nothing left to be desired. Walking distance to Geisinger Medical College, shopping, University of Scranton. Although awarded a historical merit for quality and condition, this property is not subject to HARB. Driveway for use of front house only., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 511.00, SqFt Fin - Main: 875.00, SqFt Fin - 2nd: 875.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2021-11-05T13:40:45Z Major Change Type: Status Change Status Change Timestamp: 2021-11-05 Purchase Contract Date: 2021-08-27 Close Date: 2021-11-04 Close Price: 565000 Concessions: No Buyer Financing: Conventional Concessions Amount: 5000

Income and Expenses

Gross Income: 39420 Water Expense: 802.8

Unit 1

Unit #: 1R Actual Rent: 625 Security Deposit $: 575 SqFt Total: 550 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Owner pays heat

Unit 2

Unit #: 1L Actual Rent: 435 SqFt Total: 675 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Owner pays sewer

Unit 3

Unit #: 2R Actual Rent: 435 Security Deposit $: 300 SqFt Total: 550 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Owner pays heat/sewe

Unit 4

Unit #: 2L Actual Rent: 575 Security Deposit $: 575 SqFt Total: 675 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 3R Actual Rent: 545 Security Deposit $: 545 SqFt Total: 550 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Owner pays electric

Unit 6

Unit #: 3L Actual Rent: 595 Security Deposit $: 595 SqFt Total: 675 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 7

Unit #: 916 SqFt Total: 2261 Baths Total: 3 Beds Total: 4 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Owner occupied

Road Frontage Type

Road Frontage Length: 40

Property Features

Appliances: Dishwasher; Range; Refrigerator Architectural Style: Multiple Buildings Association Amenities: Coin Laundry Basement: Full Community Features: None Construction Materials: Stucco; Wood Siding Cooling: Ceiling Fan(s) Heating: Natural Gas Laundry Features: Common Area; None Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Level; Rectangular Lot Parking Features: Off Street; Other; See Remarks Patio And Porch Features: Deck; Porch Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Text Listing Agent Water Source: Public
Listing Office: Dwell Real Estate
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.
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