942 East Elm Street

Scranton, PA 18505

$175,000
Price
4
Beds
2
Baths
2,000 Sq. Ft.
$88 / Sq. Ft.
2,000
Sq. Ft.
$88
per Sq. Ft.

Description

Prime Investment Prospect: Desirable up-and-down duplex nestled near Scranton's sought-after East Mountain area. Positioned within a convenient 10-minute drive to the picturesque Lake Scranton, this property boasts a spacious backyard, ideal for relaxation and recreation. Currently, the owner occupies the downstairs unit, while the upper tenant enjoys a substantially under-market rental rate, revealing exceptional untapped profit potential awaiting your savvy investment vision!Prime Investment Prospect: Desirable up-and-down duplex nestled near Scranton's sought-after East Mountain area. Positioned within a convenient 10-minute drive to the picturesque Lake Scranton, this property boasts a spacious backyard, ideal for relaxation and recreation. Currently, the owner occupies the downstairs unit, while the upper tenant enjoys a substantially under-market rental rate, revealing exceptional untapped profit potential awaiting your savvy investment vision!
  1. Listed by Zachary Meckes • Keller Williams Scranton/Wilkes-Barre

Property Details for 942 East Elm Street

Architectural Style
Duplex Up & Down

Location

Listing Courtesy of Keller Williams Scranton/Wilkes-Barre
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LISTING UPDATED: 10/31/2023 10:31 AM

Property Details for 942 East Elm Street

StatusActive
MLS #23-4753
Days on Market186
Taxes$2,788 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1940
Lot Size0.15 AC / 6,534 SF
CountyLackawanna County

Location

Listing Courtesy of Keller Williams Scranton/Wilkes-Barre
Add your commute

Building Information for 942 East Elm Street

Stories2Residences2Year Built1940Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,187 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$232

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 942 East Elm Street

Summary
Location and General Information
  • Region: South Scranton
  • Municipality: Scranton City
  • Directions: Pittston Ave in South Scranton, turn up Maple, turn right on Crown Avenue, then left on E Elm. Property on right.
  • MLS Area Major: Scranton City
  • City: Scranton
  • State/Province: PA
  • Postal Code: 18505
  • County: Lackawanna
  • Latitude: 41.389819
  • Longitude: -75.662195
  • MLS Area Minor: Scranton City
  • Road:Public: Municipal
Taxes and HOA Information
  • Tax Book Number: 201919630
  • Association Fee: $.00
  • Tax Assessed Value: 10000
  • Tax Year: 2023
  • Parcel Number: 16712030027
  • Tax Annual Amount: $2,787.63
  • Tax Other Annual Assessment Amount: $800.00
Parking
  • Garage Spaces: .00
  • Attached Garage: No
  • Driveway:None: Yes
  • Parking Features: Other - See Remarks, On Street
School Information
  • School District: Scranton
Property
Lot Information
  • Lot Size Acres: .15
  • Lot Size Dimensions: 40X160
  • Building Area Total: 2000.0
  • Lot Features: Rectangular Lot
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6534.0
  • Number of Buildings: 1
  • Below Grade Finished Area: 0.0
  • Property Information:SqFt Below Grade Unf: 1000.0
  • Property Information:Road Frontage: 40.00
  • Lot Description:Rectangle: Yes
Property and Assessments
  • Property Information:Basement: Full
  • Property Type: D
  • Year Built: 1940
  • Property Type Label: Multi-Family
  • Documents Available: Lead Paint Disclosure, Seller's Disclosure
  • Construction Materials: Aluminum
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Tracts(Seprt Deeds): No
Utilities
  • Sewer: $.00
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Stories: 2
  • Cooling: None
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling: No
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Property Information:Stories: 2.00
  • Features:Wash/Dry Hook Up: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses Information
  • Operating Expense: $3,655.87
  • Electric Expense: $50.00
  • Water Sewer Expense: $120.00
  • Gross Income: $6,000.00
  • Net Operating Income: $2,344.13
  • Insurance Expense: $600.00
  • Trash Expense: $.00
  • Fuel Expense: $100.00
Unit 1
  • Unit 1:# Baths: 1.00
  • Unit 1:# Bedrooms: 2
  • Unit 1:Dining Room: No
  • Unit 1:Kitchen: Yes
  • Unit 1:Living Room: Yes
  • Unit 1:Remarks: Landlord Occupied
  • Unit 1:Rent/Month $: 0
  • Unit 1:SqFt: 1000
  • Unit 1:Stove: Yes
  • Unit 1:Unit ID: Unit 1
Unit 2
  • Unit 2:# Baths: 1.00
  • Unit 2:# Bedrooms: 2
  • Unit 2:Dining Room: No
  • Unit 2:Kitchen: Yes
  • Unit 2:Living Room: Yes
  • Unit 2:Rent/Month $: 500
  • Unit 2:SqFt: 1000
  • Unit 2:Unit ID: Unit 2

Property History for 942 East Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 942 East Elm Street

Taxable ValueLand$800Additions$9,200Total$10,000
Tax Record2023$2,788 ($232 / month)
Home Facts
Lot Size6,400 SqFtStyleQuadraplexCountyLACKAWANNAAPN16712030027

Schools near 942 East Elm Street

This home is within Scranton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Mcnichols Plaza
PublicPK to 5

South Scranton Intrmd School
Public6 to 8

Scranton High School
Public9 to 12

Milton Eisner Yeshiva High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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942 East Elm Street is a multi-family home for sale in Scranton, PA 18505. This property was listed for sale on October 31, 2023 by Keller Williams Scranton/Wilkes-Barre, it's currently listed at $175,000. It has been on the market for a total of 186 days and was last sold on November 22, 2019. This listing's school district is Scranton School District. Nearby schools include Mcnichols Plaza, South Scranton Intrmd School and Scranton High School. 942 East Elm Street is a 4-bed, 2-bath, 2,000 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Scranton/Wilkes-Barre

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.