505 Cedar Avenue, Scranton

Scranton, PA, 18505 · MLS #22-3295

$399,000

Sold July 2022

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Approximate location · View larger map

Units

3,968

Building SF

1920

Year Built

$101

Per Sq Ft

Last List Price

$399,000

Sold For

$399,000

Against Asking

Sold at asking price

Thinking about selling in Scranton? Find out what your home is worth, based on recent sales like this one.

Listed by Sherrie L Miller, Keller Williams Real Estate, Clarks Summit, (570) 585-5800. Source: Luzerne County Association of REALTORS® MLS.

Property Summary

This is a multi-family property in Scranton, built in 1920. It has 4 units and a building area of 3,968 square feet. The MLS lists heating as natural gas. There is a detached garage. It sold in July 2022 for $399,000.

Summary written by Jonathan J. Nelson Real Estate from the MLS facts on this page. It is not the listing firm’s description.

This property has sold and is no longer on the market. This is an older sale from July 2022, and prices in this area have changed since then. It sold for $399,000 in July 2022. Contact us for other recent sales nearby.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Style: 3 or More Units
Condition: Good

Interior

Basement: None
Interior Features: Drywall
Included: 3 Stoves,3 Refrigerators

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Stucco, Wood Siding
Roof: Composition
Garage: Detached
Lot Dimensions: 41x104x7x46x34x150

Location

County: Lackawanna County
School District: Scranton
Zoning: Commercial

Costs & Listing

Annual Taxes: $5,287
Gross Income: $46,200
Net Operating Income: $39,412
Cap Rate: 9.88%
MLS #: 22-3295
Listed By: Keller Williams Real Estate, Clarks Summit

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