108 E Market Street, Scranton, PA 18508 (MLS# 22-2392)

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108 E Market Street, Scranton, PA 18508

$752,000

Property Type: Residential Income Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $752,000 List Date: 6/06/2022 Last Modified: 12/12/2023

Description

Great Investment opportunity in North Scranton. Fully rented 8 unit apartment building with all separate utilities., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2800.00, SqFt Fin - 2nd: 2800.00

More Information MLS# 22-2392

Contract Information

Current Price: $752,000 Sold Price: $752,000 Status: Closed Listing Contract Date: 2022-06-06 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 2.5 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: Blue Rock Property Group, LLC.

Location, Tax, and Legal

Street Number: 108 Street Direction Prefix: E Street Name: Market Street Suffix: Street City Region: North Scranton State: PA Postal Code: 18508 County: Lackawanna High School District: Scranton County Tax Amount: 958.8 Municipal Tax Amount: 1523.74 School Tax Amount: 2144.8 Tax Annual Amount: 4627.34 Tax Year: 2021 Tax Assessed Value: 15000 Tax Other Annual Assessment Amount: 15000 Parcel Number: 13509020022 Additional Parcels YN: No Zoning Description: Multi-Family FEMA Zone: A99 Tax Book Number: 202114445

General Property Information

Number Of Buildings: 2 Number Of Units Total: 8 Above Grade Finished Area: 5600 Below Grade Unfinished Area: 2800 Living Area: 5600 Enhanced Accessible: No Year Built: 1940 New Construction YN: No Garage Spaces: 1 Parking Total: 8 Lot Size Acres: 0.14 Lot Size Dimensions: 100X93X100X92 Land Lease YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No

Remarks and Miscellaneous

Public Remarks: Great Investment opportunity in North Scranton. Fully rented 8 unit apartment building with all separate utilities., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2800.00, SqFt Fin - 2nd: 2800.00 Exclusions: No

Status Change Information

Major Change Timestamp: 2022-10-27T21:10:09Z Major Change Type: Status Change Status Change Timestamp: 2022-10-27 Purchase Contract Date: 2022-08-22 Close Date: 2022-10-27 Close Price: 752000 Concessions: No

Income and Expenses

Gross Income: 93600

Unit 1

Unit #: 1 Actual Rent: 1300 SqFt Total: 1050 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 2 Actual Rent: 1050 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Kitchen YN: Yes Living Room YN: Yes

Unit 3

Unit #: 3 Actual Rent: 750 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 4

Unit #: 4 Actual Rent: 950 SqFt Total: 800 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 5

Unit #: 5 Actual Rent: 850 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 6

Unit #: 6 Actual Rent: 750 SqFt Total: 950 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 7

Unit #: 7 Actual Rent: 1050 SqFt Total: 750 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit 8

Unit #: 8 Actual Rent: 1100 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Oil, Gas and Mineral Rights

Property Subject To Lease: Property Subject To Lease

Property Features

Basement: Full Community Features: None Construction Materials: Vinyl Siding Cooling: None Heating: Hot Water; Natural Gas Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Corner Lot; Level Parking Features: Concrete; Detached; Driveway; Parking Pad Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only Water Source: Public

Listing Office: ERA One Source Realty

Last Updated: December - 12 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.