Sold for $347,500

$347,500

331-333 Foster St, Scranton, PA 18508

6beds

2,460sqft

Multi Family, Quadruplex

Built in 1930

-- sqft lot

$386,400 Zestimate^®

$141/sqft

$1,405 Estimated rent

Home value

$386,400

$359,000 - $413,000

$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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$2,218/mo

Est. payment

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$2,218/mo

Est. payment

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What's special

This 4-Unit Multi-Family home is what you've been searching for. Nestled on a beautifully quiet street, it is recently renovated, features all separate utilities, and listed at a 10% cap rate. This property is truly turn-key while STILL having room for EASY value-add! Current NET income is $38,000 and potential net based on market rents is $41,000. Additional lot #14508040055 included and paved and professionally lined for parking. As an added bonus, all tenants pay for and carry Rhino Insurance per their lease which protects and provides money to the Landlord if there is ever a payment issue with anything from rent to damages. Talk about peace of mind!This property can be purchased individually or as part of a package with 2 other similar properties.You don't make money from the sidelines. Don't miss this one.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas

Cooling

None

Features

Basement: Full

Interior area

Total structure area: 2,460
Total interior livable area: 2,460 sqft
Finished area above ground: 2,460
Finished area below ground: 0

Property

Parking

Total spaces: 6
Parking features: Off Street, Parking Lot, Paved, On Street
Uncovered spaces: 6

Features

Levels: Two
Stories: 2
Frontage length: 175.00

Lot

Size: 7,405 sqft
Dimensions: 50 x 104 x 50 x 101 + 25 x 100
Features: Rectangular Lot

Details

Additional parcels included: #14508040055 included for parking lot
Parcel number: 4508040056
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Scranton

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
9/26/2024	Sold	$347,500-4.8%$141/sqft
Source: GSBR as distributed by MLS GRID #SC3450 Report a problem
8/19/2024	Pending sale	$365,000$148/sqft
Source: GSBR as distributed by MLS GRID #SC3450 Report a problem
7/25/2024	Price change	$365,000-1.4%$148/sqft
Source: GSBR as distributed by MLS GRID #SC3450 Report a problem
7/11/2024	Price change	$370,000-2.6%$150/sqft
Source: GSBR as distributed by MLS GRID #SC3450 Report a problem
7/1/2024	Listed for sale	$380,000$154/sqft
Source: GSBR as distributed by MLS GRID #SC3450 Report a problem