Check out this money maker!A 14-bedroom, student housing apartment building, within walking distance to Scranton University. This property has an excellent rental history and is currently rented to university students. The building consists of 4 Apartments with parking in the rear for 6-7 cars. Property has 4 brand new furnaces and 4 brand new water heaters., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: Modern, SqFt Fin - 3rd: 1575.00, SqFt Fin - Main: 1575.00, SqFt Fin - 2nd: 1575.00, Additional Info: Income and expenses are based on 13 signed leases. The coin operated Washer & Dryer brings in $1,000-$1,500 a year in additional income.8 students are from 2022-2023 year that have renewed their leases for the 2023-2024 school year. 4 pre-signed leases for the 2024-2025 school year at $575 each. Next year's Gross income would be $96,600.
Sold
$613,325
426-428 N Webster Ave, Scranton, PA 18510
14beds
4baths
6,150sqft
Multi Family
Built in 1950
-- sqft lot
$640,300 Zestimate®
$100/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 10, 2024 at 08:46pm
Listed by:
DEBRA B HARRIS,
Hibble Harris Real Estate, Inc,
Charles Hibble,
Hibble Harris Real Estate, Inc
Bought with:
Charles Hibble
Hibble Harris Real Estate, Inc
Source: GSBR,MLS#: 232927

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 4
Heating
- Baseboard, Natural Gas, Hot Water
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 6,150
- Total interior livable area: 6,150 sqft
- Finished area above ground: 4,725
- Finished area below ground: 1,425
Property
Parking
- Total spaces: 6
- Parking features: Gravel, On Street, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Frontage length: 40.00
Lot
- Size: 6,098 sqft
- Dimensions: 40 x 160
Details
- Parcel number: 15709010005
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Composition,Wood
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Scranton
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability

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