921 Union Street, Taylor, PA 18517 (MLS# 20-1483)

921 Union Street, Taylor, PA 18517

$305,000

Property Type: Residential Income Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $305,000 List Date: 9/22/2020 Last Modified: 9/10/2024

Description

Large building with 7 fully rented apartments, many long-term tenants. Over 2k sq ft former restaurant ''Extra space'' on first floor to potentially convert into 1-3 apartments, or self storage/other use (check zoning & sprinkler code) for additional income. Great location with off-street parking. Separate utilities. Gas/electric expense listed now, but they're mostly covering the utilities in common areas and 1st flo First floor used to be a restaurant. Zoning MAY NOT be commercial anymore. Residential conversion for 1st floor is suggested., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 3000.00, SqFt Fin - Main: 2000.00, SqFt Fin - 2nd: 2000.00

More Information MLS# 20-1483

Contract Information

Current Price: $305,000 Sold Price: $305,000 Status: Closed Listing Contract Date: 2020-05-11 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Agency Owner Name: Donald Herr, Janice Herr

Location Tax and Legal

Street Number: 921 Street Name: Union Street Suffix: Street State: PA Postal Code: 18517 County: Lackawanna

General Property Information

Number Of Buildings: 1 Number Of Units Total: 7 Above Grade Finished Area: 7000 Living Area: 7000 Enhanced Accessible: No Year Built: 1920 New Construction YN: No Lot Size Acres: 0.2 Lot Size Dimensions: 65X150 Land Lease YN: No Waterfront YN: No Basement YN: No Stories: 4 Fireplace YN: No Spa YN: No Auction YN: No

Remarks and Miscellaneous

Public Remarks: Large building with 7 fully rented apartments, many long-term tenants. Over 2k sq ft former restaurant ''Extra space'' on first floor to potentially convert into 1-3 apartments, or self storage/other use (check zoning & sprinkler code) for additional income. Great location with off-street parking. Separate utilities. Gas/electric expense listed now, but they're mostly covering the utilities in common areas and 1st flo First floor used to be a restaurant. Zoning MAY NOT be commercial anymore. Residential conversion for 1st floor is suggested., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 3000.00, SqFt Fin - Main: 2000.00, SqFt Fin - 2nd: 2000.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2020-11-29T17:44:44Z Major Change Type: Status Change Price Change Timestamp: 2020-08-18T14:56:14Z Status Change Timestamp: 2020-11-29 Purchase Contract Date: 2020-09-23 Close Date: 2020-11-15 Close Price: 305000 Buyer Financing: Conventional

Income and Expenses

Gross Income: 54000 Sewer Expense: 1600 Water Expense: 2150

Unit 1

Unit #: 1 Actual Rent: 645 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 2 Actual Rent: 625 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 3 Actual Rent: 635 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 4 Actual Rent: 595 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 5 Actual Rent: 535 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 6

Unit #: 6 Actual Rent: 595 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 7

Unit #: 7 Actual Rent: 525 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Road Frontage Type

Road Frontage Length: 65

Property Features

Community Features: None Construction Materials: Aluminum Siding; Asphalt Cooling: None Foundation Details: Slab Heating: Electric; Natural Gas Levels: Three Or More Parking Features: Asphalt Possession: Negotiable Road Frontage Type: City Street Roof: Composition; Wood Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent; No Sign Water Source: Public

Listing Office: Berkshire Hathaway Home Services Preferred Properties

Last Updated: September - 10 - 2024

Information deemed reliable but not guaranteed.