This 4-Unit Multi-Family home is what you've been searching for. Nestled on a beautifully quiet street, it is recently renovated, features all separate utilities, and listed at a 10% cap rate. This property is truly turn-key while STILL having room for EASY value-add! Current NET income is $38,000 and potential net based on market rents is $41,000. Additional lot #14508040055 included and paved and professionally lined for parking. As an added bonus, all tenants pay for and carry Rhino Insurance per their lease which protects and provides money to the Landlord if there is ever a payment issue with anything from rent to damages. Talk about peace of mind!This property can be purchased individually or as part of a package with 2 other similar properties.You don't make money from the sidelines. Don't miss this one.
Sold for $347,500 on 09/26/24
$347,500
331-333 Foster St, Scranton, PA 18508
6beds
2,460sqft
Multi Family, Quadruplex
Built in 1930
-- sqft lot
$377,900 Zestimate®
$141/sqft
$1,114 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 28, 2024 at 05:56am
Listed by:
Kate Daye Ruane,
Revolve Real Estate
Bought with:
Felipe Rosero Salazar, RS364807
Christian Saunders Real Estate
Source: GSBR,MLS#: SC3450
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
- Finished area above ground: 2,460
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Parking Lot, Paved, On Street
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Frontage length: 175.00
Lot
- Size: 7,405 sqft
- Dimensions: 50 x 104 x 50 x 101 + 25 x 100
- Features: Rectangular Lot
Details
- Additional parcels included: #14508040055 included for parking lot
- Parcel number: 4508040056
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Scranton
Other
Other facts
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$377,900
2% more+$7,558
With Zillow Showcase(estimated)$385,458