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724 Court St, Scranton, PA, 18508

16beds
4baths
5,264sqft
$299,900
$57price/sqft
$2,675/moest. monthly cost
$107,000/yrincome needed

About This Home

Great investment opportunity! This large 4-unit property offers over 5,000 square feet of living space and is located in a desirable neighborhood close to schools, shopping, and downtown. The building features two spacious 5-bedroom units and two 3-bedroom units, each with its own kitchen and full bathroom, making it ideal for strong rental income. Every unit includes washer and dryer hookups, providing convenience for tenants. The property has been updated with new electrical panels for each unit along with updated plumbing and electrical systems, giving investors peace of mind. The building is equipped with electric heat with tenants responsible for their own utilities, helping keep owner expenses lower. With its large square footage, strong rental potential, and prime location, this property is a great money-making opportunity for investors or anyone looking to grow their portfolio. As of now the City has it as a 2 unit building and the new buyer would have to get it situated back to use it as a 4 unit.The owner is in the process to get it out of condemnation. The property is AS-IS and buyers should do their due diligence.information and Measurements aren't Guaranteed or Warranted.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
Isaac Tripp El SchoolGrades K-40.8 mi
5/10
Scranton High SchoolGrades 7-120.7 mi
4/10

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • High Ceilings
  • Flooring: Linoleum,Wood,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 5,264

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 5,264
  • Total interior livable area: 5,264 sqft

Property

Details

  • Parcel number: 13420020052
  • Zoning: R2

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Front Porch,Rear Porch
  • Exterior features: Private Yard
  • Fencing: Back Yard

Lot

  • Lot size: 0.90 Acres
  • Features: Corner Lot,Level
  • Lot size dimensions: 43 x 102 x 75 x 30 x 26 x 9 x 6 x 63

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes