31-77 Terrace Drive, Archbald, PA 18403 (MLS# 17-618)

Current Price: $3,100,000 Sold Price: $3,100,000 Status: Closed Listing Contract Date: 2016-06-12 Property Sub Type: Multi Family Property Attached YN: No Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 1.5 Buyer Brokerage Compensation Type: % Sub Agency Compensation: 1.5 Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: M & M Properties LLC

Street Number: 31-77 Street Name: Terrace Street Suffix: Drive City Region: Archbald Municipality: Archbald Borough State: PA Postal Code: 18403 County: Lackawanna High School District: Valley View County Tax Amount: 14240.16 Municipal Tax Amount: 5208 School Tax Amount: 27582.56 Tax Annual Amount: 47030.72 Tax Year: 2017 Tax Assessed Value: 248000 Parcel Number: 0930402000101 Additional Parcels YN: No Zoning Description: Commercial Directions: Business Rte 6 to Terrace Drive. Right on Terrace drive for 1 block. Property is on your left. Tax Book Number: 2006-03116

Number Of Buildings: 6 Number Of Units Total: 24 Above Grade Finished Area: 1250 Living Area: 1250 Enhanced Accessible: No Year Built: 2007 New Construction YN: No Garage Spaces: 24 Lot Size Acres: 2 Lot Size Dimensions: 420x210 Land Lease YN: No Basement YN: No Stories: 2 Fireplace YN: No Spa YN: No Auction YN: No

Public Remarks: Great complex. 24 identical units with two bedrooms, garage great room and more.This is a turn key property with very little maintenance., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 750.00, SqFt Fin - 2nd: 500.00 Exclusions: No

Major Change Timestamp: 2017-02-20T19:02:12Z Major Change Type: Status Change Status Change Timestamp: 2017-02-20 Purchase Contract Date: 2016-06-14 Close Date: 2017-02-20 Close Price: 3100000 Buyer Financing: Conventional

Gross Income: 240000

Unit #: 31 Actual Rent: 950 SqFt Total: 1250 Baths Total: 1 Beds Total: 2 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes

Unit #: 33 Actual Rent: 900 SqFt Total: 1250 Baths Total: 1 Beds Total: 2 Kitchen YN: Yes Living Room YN: Yes

Property Subject To Lease: Property Subject To Lease

Road Frontage Length: 420

Appliances: Dishwasher; Range; Refrigerator Basement: Partial Community Features: None Construction Materials: Aluminum Siding; Brick Cooling: Central Air Heating: Forced Air; Natural Gas Laundry Features: None Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Level Parking Features: Asphalt Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Call Listing Agent Water Source: Public