1635 Wyoming Avenue, Scranton, PA 18509
$260,000
Property Type:
Residential Income
Bedrooms:
4
Baths:
3
Lot Size (sq. ft.):
10,454
Status:
Closed
Current Price:
$260,000
List Date:
4/05/2023
Last Modified:
2/27/2024
Description
Great Investment opportunity with these properties. This 3-Unit is Completely occupied. Tenants pay their own Gas and electric. The rents are below market value rents because the tenants are long term tenants. Also included in the Sale is
The Banquet Hall, which is completely turnkey with already booked events, fully equipped commercial kitchen, and furniture. The first-floor banquet room fits up to 200 people, with a stage and a 400 sq. ft dance floor. The Second-floor Banquet Hall fits up to 50 people and has an additional bar space that just needs some finishing touches. The 3rd-floor is an older apartment just being used for storage but a great opportunity to generate income as a rented apartment or for out-of-town guest., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 600.00, SqFt Fin - Main: 950.00, SqFt Fin - 2nd: 850.00, Additional Info: Inventory, equipment, Liquor License included. Being sold with 1635 Wyoming Ave.
MLS# 23-1203
Parking for up to 35 Cars. Has a dumbwaiter that goes from the basement to the 2nd floor. Central Air has 6 zones. There is a 3-bedroom apartment on the 3rd floor of the banquet hall. Check out the business for sale: http://www.greenridgeclub.net/
More Information MLS# 23-1205
Contract Information
Current Price: $260,000
Sold Price: $260,000
Status: Closed
Listing Contract Date: 2023-04-03
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 3
Buyer Brokerage Compensation Type: %
Sub Agency Compensation: 3
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: %
Dual Or Variable Rate Commission YN: No
Owner Name: Sinkaus Enterprises LLC
Location, Tax, and Legal
Street Number: 1635
Street Name: Wyoming
Street Suffix: Avenue
City Region: Green Ridge
Municipality: Scranton City
State: PA
Postal Code: 18509
County: Lackawanna
High School District: Scranton
Land Value: 7750
Improvement Value: 6250
County Tax Amount: 894.88
Municipal Tax Amount: 2172.31
School Tax Amount: 2001.82
Tax Annual Amount: 5069.01
Tax Year: 2023
Tax Assessed Value: 14000
Tax Other Annual Assessment Amount: 14000
Parcel Number: 13518040022
Additional Parcels YN: No
Zoning Description: Residential
Directions: From Dunmore Turn right onto Green Ridge St. go several blocks down to a right on Wyoming Ave. property is on the right.
Tax Book Number: 200522442
General Property Information
Number Of Buildings: 1
Number Of Units Total: 3
Bedrooms Total: 4
Bathrooms Total: 3
Above Grade Finished Area: 2400
Below Grade Unfinished Area: 500
Living Area: 2400
Enhanced Accessible: No
Year Built: 1901
New Construction YN: No
Garage Spaces: 35
Lot Size Acres: 0.24
Lot Size Dimensions: 60X181
Land Lease YN: No
Basement YN: No
Stories: 3
Fireplace YN: No
Spa YN: No
Auction YN: No
List Price/SqFt: 333.29
Sold Price/SqFt: 108.33
Remarks and Miscellaneous
Public Remarks: Great Investment opportunity with these properties. This 3-Unit is Completely occupied. Tenants pay their own Gas and electric. The rents are below market value rents because the tenants are long term tenants. Also included in the Sale is
The Banquet Hall, which is completely turnkey with already booked events, fully equipped commercial kitchen, and furniture. The first-floor banquet room fits up to 200 people, with a stage and a 400 sq. ft dance floor. The Second-floor Banquet Hall fits up to 50 people and has an additional bar space that just needs some finishing touches. The 3rd-floor is an older apartment just being used for storage but a great opportunity to generate income as a rented apartment or for out-of-town guest., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 600.00, SqFt Fin - Main: 950.00, SqFt Fin - 2nd: 850.00, Additional Info: Inventory, equipment, Liquor License included. Being sold with 1635 Wyoming Ave.
MLS# 23-1203
Parking for up to 35 Cars. Has a dumbwaiter that goes from the basement to the 2nd floor. Central Air has 6 zones. There is a 3-bedroom apartment on the 3rd floor of the banquet hall. Check out the business for sale: http://www.greenridgeclub.net/
Exclusions: No
Status Change Information
Major Change Timestamp: 2024-02-07T01:16:25Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-18T18:50:50Z
Status Change Timestamp: 2024-02-06
Purchase Contract Date: 2023-10-26
Close Date: 2024-02-06
Close Price: 260000
Concessions: No
Buyer Financing: Other
Income and Expenses
Gross Income: 27300
Sewer Expense: 720
Unit 1
Unit #: 1
Actual Rent: 950
SqFt Total: 950
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Unit 2
Unit #: 2nd Floor
Actual Rent: 950
SqFt Total: 850
Baths Total: 1
Beds Total: 2
Kitchen YN: Yes
Living Room YN: Yes
Unit 3
Unit #: 3rd Floor
Actual Rent: 375
SqFt Total: 600
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Unit Remarks: 10 Year tenant
Unit Details
2 Bedroom: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: Property Subject To Lease
Road Frontage Type
Road Frontage Length: 60
Property Features
Community Features: None
Construction Materials: Vinyl Siding
Cooling: None
Heating: Natural Gas; Steam
Levels: Three Or More
Listing Terms: Cash; Conventional
Parking Features: Asphalt; Off Street; Paved
Patio And Porch Features: Deck; Porch
Possession: Negotiable
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition; Wood
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Water Source: Public
Listing Office: Hibble Harris Real Estate, Inc
Last Updated: February - 27 - 2024
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.