Sold for $285,000 on 06/10/24
$285,000
624 Brook St, Scranton, PA 18505
7beds
2,625sqft
Multi Family
Built in 1950
-- sqft lot
$312,500 Zestimate®
$109/sqft
$1,158 Estimated rent
Home value
$312,500
$259,000 - $375,000
$1,158/mo
Zestimate® history
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Owner options
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What's special
Welcome to your next investment venture in the heart of Scranton! This multi-family property presents an exceptional opportunity for investors seeking reliable rental income coupled with valuable amenities.Nestled in the vibrant community of Scranton, this property enjoys proximity to essential amenities, including shopping centers, schools, parks, and major transportation routes, ensuring convenience for tenants and facilitating high occupancy rates.With three separate units, including two already rented, this property offers immediate income generation. The consistent demand for multi-family housing in Scranton ensures stable rental returns, making it an attractive investment option. A rare find in multi-family properties, the included two-car garage not only provides convenient parking for tenants but also presents an additional source of income. Whether leased separately or included with one of the units, the garage enhances the property's value proposition. Perfect for families and pet owners, the large fenced yard offers privacy, security, and a serene outdoor space for relaxation and recreation. This feature adds significant appeal to potential tenants, contributing to higher occupancy rates and tenant satisfaction. Enjoy the advantage of low property taxes, enhancing the property's profitability and long-term financial viability. Additionally, each unit is equipped with separate electric meters, ensuring hassle-free utility management for both landlords and tenants.This multi-family property is not only a lucrative investment in the present but also promises robust appreciation potential in the future. Plus a store front/ studio apartment that can be a possibility for more rent , but buyer would need to get their own zoning. With ongoing development and economic growth in Scranton and surrounding areas, real estate values are poised to increase, offering investors the opportunity for significant capital gains.
Zillow last checked: 8 hours ago
Listing updated: September 10, 2024 at 08:48pm
Listed by:
Leah Gianacopoulos,
ERA One Source Realty
Bought with:
NON MEMBER
NON MEMBER
Source: GSBR,MLS#: SC2137
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Steam
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Range, Refrigerator, Microwave
- Laundry: In Basement, In Unit, Lower Level, In Kitchen
Features
- Ceiling Fan(s), Eat-in Kitchen
- Flooring: Carpet, Vinyl, Tile
- Basement: Concrete,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,625
- Total interior livable area: 2,625 sqft
- Finished area above ground: 2,625
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Side Porch
- Pool features: None
- Spa features: None
- Fencing: Chain Link
Lot
- Size: 6,534 sqft
- Dimensions: 40 x 160
- Features: Level, Not In Development
Details
- Parcel number: 16707040076
- Zoning: RT007
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Combination
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Circuit Breakers, 200 or Less Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Scranton
Other
Other facts
- Income includes: Parking
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2024 | Sold | $285,000+9.7%$109/sqft |
Source: | ||
| 5/8/2024 | Pending sale | $259,900$99/sqft |
Source: | ||
| 4/23/2024 | Listed for sale | $259,900+231.5%$99/sqft |
Source: | ||
| 6/1/2005 | Sold | $78,400$30/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,106 | $10,000 |
| 2023 | $3,106 +110.5% | $10,000 |
| 2022 | $1,476 | $10,000 |
Find assessor info on the county website
Neighborhood: South Side
Nearby schools
GreatSchools rating
- 3/10Mcnichols PlazaGrades: K-4Distance: 0.3 mi
- 5/10South Scranton Intrmd SchoolGrades: 5-8Distance: 0.5 mi
- 4/10West Scranton High SchoolGrades: 9-12Distance: 1.6 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$312,500
2% more+ $6,250
With Zillow Showcase(estimated)
$318,750
