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Key Details
Sold Price $111,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $31
MLS Listing ID PALW2000272
Sold Date 11/08/24
Style Colonial
Abv Grd Liv Area 3,500
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $5,039
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Discover this 4-unit, 3-story apartment property, an excellent investment opportunity for those looking to add value and create a profitable rental portfolio. The building comprises two one-bedroom units and two three-bedroom units, offering a range of options for potential tenants.
Each unit presents an opportunity to update and enhance the interiors to cater to the modern renter's needs. With thoughtful renovations, these apartments can become attractive living spaces that stand out in the rental market.
Situated in a lively neighborhood, the property is conveniently located near shopping centers, popular eateries, and entertainment venues, ensuring tenants have easy access to amenities. The proximity to public transportation and major highways makes it an appealing choice for those seeking convenience and connectivity.
This 3-story apartment building is a fantastic investment for those with a vision to capitalize on the growing rental market. Don't miss the chance to turn this property into a valuable asset with your unique touch.
Location
State PA
County Lackawanna
Area Scranton City (13634)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Colonial
Additional Building Above Grade
New Construction N
Schools
School District Scranton
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition REO (Real Estate Owned)
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Bought with Non Member • Metropolitan Regional Information Systems, Inc.