319 PHELPS Street, Scranton
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About This Property
This property is a GREAT investment property that is FULLY RENTED with long term tenants. You can live in one unit and rent out the other two and live mortgage payment FREE!! All three units have split gas and electric lines. There is plenty of off street parking.
This property has sold and is no longer on the market. This is an older sale on record (January 2018), not a recent one — values in this market have moved since. It sold for $69,500 in January 2018. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by ERA One Source Realty.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Good
Interior
- Basement
- Dirt Floor
- Interior Features
- Drywall, Paneling, Plaster
- Included
- 3 stoves, 3 refrigerators
Systems
- Heating
- Natural Gas, Baseboard, Hot Water
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Vinyl Siding
- Roof
- Composition
- Outdoor
- Porch
- Garage
- Detached
- Lot Dimensions
- 60x147
Location
- County
- Lackawanna County
- School District
- Scranton
- Zoning
- Multi-Family
Costs & Listing
- Annual Taxes
- $2,750
- Gross Income
- $21,000
- Net Operating Income
- $15,590
- Cap Rate
- 20.79%
- MLS #
- 17-5381
- Listed By
- ERA One Source Realty
What Is Your Scranton Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Scranton and give you a real number — not an automated estimate.
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