Check out this money maker!A 14-bedroom, student housing apartment building, within walking distance to Scranton University. This property has an excellent rental history and is currently rented to university students. The building consists of 4 Apartments with parking in the rear for 6-7 cars. Property has 4 brand new furnaces and 4 brand new water heaters., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: Modern, SqFt Fin - 3rd: 1575.00, SqFt Fin - Main: 1575.00, SqFt Fin - 2nd: 1575.00, Additional Info: Income and expenses are based on 13 signed leases. The coin operated Washer & Dryer brings in $1,000-$1,500 a year in additional income.8 students are from 2022-2023 year that have renewed their leases for the 2023-2024 school year. 4 pre-signed leases for the 2024-2025 school year at $575 each. Next year's Gross income would be $96,600.
Sold for $613,325
Zillow last checked:
Listing updated:
Bought with:
Charles Hibble, RM425364
Hibble Harris Real Estate, Inc
Source: GSBR as distributed by MLS GRID,MLS#: 232927
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2024 | Sold | $613,325-5.5%$100/sqft |
Source:  GSBR as distributed by MLS GRID #232927 Report a problem | ||
| 2/20/2024 | Pending sale | $649,000$106/sqft |
Source: GSBR as distributed by MLS GRID #232927 Report a problem | ||
| 1/3/2024 | Price change | $649,000-4.4%$106/sqft |
Source: GSBR as distributed by MLS GRID #232927 Report a problem | ||
| 11/23/2023 | Listed for sale | $679,000$110/sqft |
Source: GSBR as distributed by MLS GRID #23-2927 Report a problem | ||
| 10/10/2023 | Pending sale | $679,000$110/sqft |
Source: GSBR as distributed by MLS GRID #23-2927 Report a problem | ||
| 8/21/2023 | Listed for sale | $679,000$110/sqft |
Source: GSBR as distributed by MLS GRID #23-2927 Report a problem | ||
| 7/27/2023 | Pending sale | $679,000$110/sqft |
Source: GSBR as distributed by MLS GRID #23-2927 Report a problem | ||
| 7/15/2023 | Listed for sale | $679,000$110/sqft |
Source: GSBR as distributed by MLS GRID #23-2927 Report a problem | ||
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