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Sold for $429,999 on 10/29/24
  • $429,999

    1200-1202 Main St, Scranton, PA 18519

    12beds
    5,637sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $462,500 Zestimate®
    $76/sqft
    $970 Estimated rent

    Home value

    $462,500

    $384,000 - $555,000

    $970/mo

    Zestimate® history
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    $970/mo

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    $2,733/mo

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    $2,733/mo

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    What's special

    This 5unit, huge, extra-ordinary Multifamily is an investor's dream come true with the property bringing in potentially estimated $63000annual in gross Income!! Accessible location and within walking distance to shopping and dining. Five minutes from Scranton, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Walmart, Home Depot and all amenitiesand in the heart of Dickson city, Pennsylvania. This ready to go Multifamily property boasts of 5 beautiful apartments; where you have the advantage to live in one of the units as luxury and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the front of the building was a store and was converted into newly and modernly-renovated apartments. Minimal taxes, insurance and maintenance. Landlord only pays sewer and garbage!! Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! Close to Viewmont Mall, . Have the space for yourself and/or tenant! Ample parking in driveway and on the street. Close to Lehigh Valley Hospital, Scranton and I-81 highway access from Main Street. Basement may be additional rental incomes if new buyer wants to finish. Newly painted exterior steps, decks, doors, windows and railings. Won't lastlong! LA is owner and has vested interest in the property and has taken very good care of the property. Must see if you are looking for a property to make you some serious CASH as passive rental income!!! New roof and all units are renovated and remodeled.

    Zillow last checked: 8 hours ago

    Listing updated: October 30, 2024 at 08:01pm

    Listed by:

    Jasmine Ahuja,

    Iron Valley Real Estate Greater Scranton

    Bought with:

    Chelsea Aleksich, RS328668

    Keller Williams RE Stroudsburg

    Source: GSBR,MLS#: SC654MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s), Wall Unit(s)
    Appliances
    • Included: Dishwasher, Refrigerator, Range
    • Laundry: None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 5,637
    • Total interior livable area: 5,637 sqft
    • Finished area above ground: 5,637
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Paved, On Street, Gravel
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Frontage length: 50.00
    Lot
    • Size: 0.50 Acres
    • Dimensions: 50 x 150
    • Features: Corner Lot, Orchard(s), Level
    Details
    • Parcel number: 11413030045
    • Zoning: R1
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multiple Buildings
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Stucco, Plaster
    • Roof: Composition,Wood
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Scranton

    Other

    Other facts
    • Listing terms: Cash,VA Loan,USDA Loan,FHA,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/29/2024Sold$429,999$76/sqft
    Source: GSBR #SC654
    8/21/2024Pending sale$429,999$76/sqft
    Source: GSBR #SC654
    7/26/2024Price change$429,999-1.1%$76/sqft
    Source: GSBR #SC654
    6/17/2024Price change$435,000-1.1%$77/sqft
    Source: GSBR #SC654
    5/24/2024Price change$440,000-1.1%$78/sqft
    Source: GSBR #SC654

    Public tax history

    Tax history is unavailable.

    Neighborhood: 18519

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $462,500
    2% more+ $9,250
    With Zillow Showcase(estimated)
    $471,750