This well maintained 5 unit is the perfect investment opportunity . One unit is vacant recently freshened and ready to rent. The four other units have good long term tenants. Potential yearly net of over $30,000 with market rate rents., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1301.00, SqFt Fin - 2nd: 1301.00
Sold for $255,000
$255,000
423 E Elm St, Scranton, PA 18505
5beds
5baths
3,127sqft
Multi Family
Built in 1940
-- sqft lot
$337,000 Zestimate®
$82/sqft
$1,153 Estimated rent
Home value
$337,000
$297,000 - $381,000
$1,153/mo
Zestimate® history
Owner options
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$1,153/mo
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$1,153/mo
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$1,638/mo
Est. payment
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$1,638/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
John Patchoski,
Lewith & Freeman RE, Inc.
Bought with:
Beth Versace, RS350093
LUXE Homes Real Estate LLC
Source: GSBR as distributed by MLS GRID,MLS#: 234902
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Natural Gas, Steam, Space Heater
Cooling
- None
Appliances
- Included: Range
- Laundry: Common Area, Gas Dryer Hookup
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,127
- Total interior livable area: 3,127 sqft
- Finished area above ground: 2,602
- Finished area below ground: 525
Property
Parking
- Parking features: None, On Street
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Deck, Porch
- Frontage length: 70.00
Lot
- Size: 6,534 sqft
- Dimensions: 70 x 90
Details
- Parcel number: 15619040047
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Composition,Wood
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Scranton
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2024 | Sold | $255,000-8.6%$82/sqft |
Source:  GSBR as distributed by MLS GRID #234902 Report a problem | ||
| 12/2/2023 | Pending sale | $279,000$89/sqft |
Source: GSBR as distributed by MLS GRID #23-4902 Report a problem | ||
| 11/8/2023 | Listed for sale | $279,000$89/sqft |
Source: GSBR as distributed by MLS GRID #23-4902 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,183 +8.8% | $12,000 |
| 2024 | $3,844 | $12,000 |
| 2023 | $3,844 +91.1% | $12,000 |
| 2022 | $2,012 | $12,000 |
| 2021 | $2,012 -43.1% | $12,000 |
| 2020 | $3,539 +1.6% | $12,000 |
| 2018 | $3,483 +178.1% | $12,000 |
| 2017 | $1,253 | $12,000 |
| 2016 | -- | $12,000 |
| 2015 | -- | $12,000 |
| 2014 | $2,630 | $12,000 |
| 2013 | -- | $12,000 |
| 2012 | -- | $12,000 |
| 2011 | -- | $12,000 |
| 2010 | -- | $12,000 |
| 2009 | -- | $12,000 |
| 2008 | -- | $12,000 |
| 2007 | -- | $12,000 |
| 2006 | -- | $12,000 |
| 2005 | -- | $12,000 |
| 2004 | -- | $12,000 |
| 2003 | -- | $12,000 |
| 2002 | -- | $12,000 |
| 2000 | -- | $12,000 |
Find assessor info on the county website
Neighborhood: The Flats
Nearby schools
GreatSchools rating
- 4/10South Scranton Intermediate SchoolGrades: 5-8Distance: 0.2 mi
- 4/10West Scranton High SchoolGrades: 9-12Distance: 1.3 mi
- 5/10McNichols Educational PlazaGrades: K-4Distance: 0.4 mi
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$337,000
2% more
+$6,740
With Zillow Showcase(estimated)
$343,740
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