509 Beech Street, Scranton

Scranton, PA, 18505 · MLS #19-5526

$650,000

Sold October 2019

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Approximate location · View larger map

Units

7,994

Building SF

$81

Per Sq Ft

Last List Price

$650,000

Sold For

$650,000

Against Asking

Sold at asking price

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Listed by Amber Donnelly, Wychock Real Estate, LLC, (570) 235-6722. Source: Luzerne County Association of REALTORS® MLS.

Property Summary

This is a multi-building income property in Scranton. It has 12 units and a building area of 7,994 square feet. The MLS lists the basement as concrete and heating as natural gas. It sold in October 2019 for $650,000.

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 October 2019, and prices in this area have changed since then. It sold for $650,000 in October 2019. Contact us for other recent sales nearby.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multiple Buildings
Condition: Very Good

Interior

Basement: Concrete
Interior Features: Drywall

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick
Lot Dimensions: 109X50

Location

County: Lackawanna County
School District: Scranton
Zoning: Commercial

Costs & Listing

Annual Taxes: $9,304
Gross Income: $100,227
Net Operating Income: $37,926
Cap Rate: 5.83%
MLS #: 19-5526
Listed By: Wychock Real Estate, LLC

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