Bought with Michael Turlip • REALTY NETWORK GROUP
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $255,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,258 sqft
Price per Sqft $113
MLS Listing ID GSBSC250382
Sold Date 03/05/25
Style Duplex Side by Side
Bedrooms 6
Full Baths 2
HOA Y/N false
Total Fin. Sqft 2258
Year Built 1925
Annual Tax Amount $3,696
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 47X160
Property Sub-Type Multi Family
Source scranton
Property Description
Prime Investment Opportunity - Turnkey Two-Unit Property This fully turnkey, two-unit investment property offers an outstanding opportunity for investors seeking steady cash flow and immediate returns. With a remarkable 10.8 cap rate, this property is ideal for building or expanding your real estate portfolio.Property Highlights: Unit 1: Currently occupied by reliable tenants, providing consistent rental income. Unit 2: Vacant and ready for occupancy, allowing flexibility for an owner-occupant or quick leasing. Utilities: Completely split for both units, minimizing landlord responsibilities and simplifying management. Turnkey Condition: Both units are well-maintained and require no immediate updates, ensuring a hassle-free investment.Upgrades: New Paint, New Carpet, New appliances in left side including: Refrigerator, Stove and Dishwasher. Baker WaterProofed Basement (warranty is transferable) New Gutters, Electric upgrades and New Chimney liner. Whether you're looking to live in one unit while earning rental income from the other or seeking a fully income-generating property, this versatile investment delivers exceptional value. With strong rental demand and great cash flow potential, this property won't stay on the market long!Contact us today to schedule a showing and secure your next investment.
Location
State PA
County Lackawanna
Zoning R1
Direction Main Street to West market to right at cole muffler, to 2nd right on William which turns into Margaret
Rooms
Basement Unfinished
Interior
Fireplace No
Appliance Dishwasher, Refrigerator, Other, Electric Oven
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Private Yard
Parking Features Garage, Off Street, On Street
Garage Spaces 2.0
Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
View Y/N Yes
Roof Type Asphalt
Present Use Multi-Family
Total Parking Spaces 5
Garage Yes
Building
Story 2
Unit Features [{\"UnitTypeActualRent\":1275,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"2026\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSecurityDeposit\":\"1250.00\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1068.00\",\"UnitTypeKey\":\"GSB20250128190542047799000000Group_1\"},{\"UnitTypeActualRent\":1061,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"2028\",\"GSB_UnitTypeOccupiedYN\":\"No\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1073.00\",\"UnitTypeDescription\":\"Vacant\",\"UnitTypeKey\":\"GSB20250128190542047799000000Group_2\"}]
Sewer Public Sewer
Water Public
Architectural Style Duplex Side by Side
Structure Type Attic/Crawl Hatchway(s) Insulated
New Construction No
Schools
School District Scranton
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. All Rights Reserved.