Sold for $500,000

$500,000

1202-1208 W Elm St, Scranton, PA 18504

12beds

4baths

4,968sqft

Multi Family

Built in 1940

-- sqft lot

$594,300 Zestimate^®

$101/sqft

$1,405 Estimated rent

Home value

$594,300

$547,000 - $636,000

$1,405/mo

Zestimate^® history

Owner options

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$1,405/mo

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$1,405/mo

Rent Zestimate^®

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$3,286/mo

Est. payment

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$3,286/mo

Est. payment

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What's special

Investors, don't get stuck in analysis paralysis on this one... This turn-key property is not a sham. If low maintenance, high cash flow, and (still) room for value-add are what you've been looking for, read on.1 beautiful building featuring 4 units, 3 bedrooms in each, FULLY RENTED on annual leases, great tenants, on-site laundry, SEPARATE utilities, central air, wonderfully maintained, & countless upgrades. Current annual rental income: $58,800 with room for growth.It's priced to sell, and yes that means a wee-bit under market value to get this deal done quick and clean with the least amount of interruptions to the wonderful tenants as possible! Blink, Ponder, or low-ball and you'll miss it., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2484.00, SqFt Fin - 2nd: 2484.00

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 4

Heating

Forced Air, Natural Gas

Cooling

Central Air, Zoned

Appliances

Laundry: Common Area

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 4,968
Total interior livable area: 4,968 sqft
Finished area above ground: 4,968
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Gravel, Parking Pad, On Street, Off Street
Has uncovered spaces: Yes

Features

Levels: One and One Half
Stories: 2
Patio & porch: Deck, Porch
Frontage length: 192.00

Lot

Size: 5,227 Square Feet
Dimensions: 84 x 108
Features: Corner Lot, Rectangular Lot, Level

Details

Parcel number: 15609010007
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition,Wood,Rubber

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Security: Smoke Detector(s)

Location

Region: Scranton

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $9,000
Annual tax amount: $3,850
Date on market: 12/6/2023
Cumulative days on market: 4 days
Listing terms: Cash,Conventional
Exclusions: No
Road surface type: Paved

Price history

Date	Event	Price
9/21/2023	Sold	$500,000+0%$101/sqft
Source: GSBR as distributed by MLS GRID #233383 Report a problem
8/10/2023	Pending sale	$499,900$101/sqft
Source: GSBR as distributed by MLS GRID #23-3383 Report a problem
8/9/2023	Listed for sale	$499,900$101/sqft
Source: GSBR as distributed by MLS GRID #23-3383 Report a problem