821 Olive Street

Scranton, PA 18510

$339,999
Price
7
Beds
5
Baths
4,915 Sq. Ft.
$69 / Sq. Ft.
4,915
Sq. Ft.
$69
per Sq. Ft.

Description

Fully- rented, 3unit, Scranton, Hill-section, Multifamily home with a gross monthly rental income of $3995 now finally available for sale! If you were looking for an updated modern multi family rental property or finding a home where you can live in one unit and rent the other two for the fraction of what you will pay as rent you have find your dream property. New roof was put on in 2009 Call to setup your private showing asap. Won't last long!Fully- rented, 3unit, Scranton, Hill-section, Multifamily home with a gross monthly rental income of $3995 now finally available for sale! If you were looking for an updated modern multi family rental property or finding a home where you can live in one unit and rent the other two for the fraction of what you will pay as rent you have find your dream property. New roof was put on in 2009 Call to setup your private showing asap. Won't last long!
  1. Listed by Jasmine Ahuja • Iron Valley Real Estate Greater Scranton

Property Details for 821 Olive Street

Architectural Style
Converted
LISTING UPDATED: 11/28/2023 06:24 PM

Property Details for 821 Olive Street

StatusActive
MLS #23-3839
Days on Market468
Taxes$8,755 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1905
Lot Size0.21 AC / 9,147 SF
CountyLackawanna County

Building Information for 821 Olive Street

Stories3Residences3Year Built1905Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 821 Olive Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Region: Hill Section
  • Municipality: Scranton City
  • Directions: Head northwest on Mulberry St toward Okell Ct, Turn right onto Mckenna Ct, Turn right at the 2nd cross street onto Olive St
  • MLS Area Major: Scranton City
  • City: Scranton
  • State/Province: PA
  • Postal Code: 18510
  • County: Lackawanna
  • Latitude: 41.410191
  • Longitude: -75.653995
  • MLS Area Minor: Scranton City
  • Road:Public: Municipal
Taxes and HOA Information
  • Tax Book Number: 2009-18599
  • Association Fee: $.00
  • Tax Assessed Value: 23000
  • Tax Year: 2022
  • Parcel Number: 15721010022
  • Tax Annual Amount: $8,755.21
  • Tax Other Annual Assessment Amount: $14,000.00
Parking
  • Garage Spaces: 1.00
  • Driveway:Other - See Remarks: Yes
School Information
  • School District: Scranton
Property
Lot Information
  • Lot Size Acres: .21
  • Lot Size Dimensions: 70X130
  • Building Area Total: 4915.0
  • Lot Features: Rectangular Lot
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9147.6
  • Number of Buildings: 1
  • Below Grade Finished Area: 0.0
  • Property Information:SqFt Below Grade Unf: 2100.0
  • Property Information:Road Frontage: 70.00
  • Lot Description:Rectangle: Yes
  • Road:Paved: Yes
Property and Assessments
  • Property Information:Basement: Full
  • Property Type: D
  • Year Built: 1905
  • Property Type Label: Multi-Family
  • Documents Available: Lead Paint Disclosure, Seller's Disclosure
  • Construction Materials: Wood
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Tracts(Seprt Deeds): No
Utilities
  • Sewer: $1,545.00
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Stories: 3
  • Cooling: None
  • Heating: Radiator
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling: No
  • Fireplaces Total: 1
  • Heating: Yes
  • Fireplace: Yes
  • Property Information:Stories: 3.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses Information
  • Operating Expense: $19,378.00
  • Electric Expense: $.00
  • Water Sewer Expense: $2,580.00
  • Gross Income: $46,980.00
  • Net Operating Income: $27,602.00
  • Insurance Expense: $2,000.00
  • Trash Expense: $900.00
  • Fuel Expense: $4,300.00
Unit 1
  • Unit 1:# Baths: 2.00
  • Unit 1:# Bedrooms: 3
  • Unit 1:Dining Room: Yes
  • Unit 1:Dishwasher: Yes
  • Unit 1:Kitchen: Yes
  • Unit 1:Living Room: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Rent/Month $: 1700
  • Unit 1:SqFt: 2100
  • Unit 1:Stove: Yes
  • Unit 1:Unit ID: First Floor
  • Unit 1:Washer/Dryer: Both
Unit 2
  • Unit 2:# Baths: 2.00
  • Unit 2:# Bedrooms: 2
  • Unit 2:Dining Room: Yes
  • Unit 2:Dishwasher: Yes
  • Unit 2:Kitchen: Yes
  • Unit 2:Living Room: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Rent/Month $: 1300
  • Unit 2:SqFt: 1900
  • Unit 2:Stove: Yes
  • Unit 2:Unit ID: 2nd Floor
  • Unit 2:Washer/Dryer: Both
Unit 3
  • Unit 3:# Baths: 1.00
  • Unit 3:# Bedrooms: 2
  • Unit 3:Dining Room: No
  • Unit 3:Dishwasher: Yes
  • Unit 3:Kitchen: Yes
  • Unit 3:Living Room: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Rent/Month $: 995
  • Unit 3:SqFt: 915
  • Unit 3:Stove: Yes
  • Unit 3:Unit ID: 3rd Floor
  • Unit 3:Washer/Dryer: Both

Property History for 821 Olive 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 821 Olive Street

Taxable ValueLand$14,000Additions$9,000Total$23,000
Tax Record2024$8,755 ($730 / month)
Home Facts
Lot Size9,100 SqFtStyleQuadraplexCountyLACKAWANNAAPN15721010022

Schools near 821 Olive Street

This home is within Scranton School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 7 to 12
Private - 9 to 12
Rating
School
Distance
John Adams #4
PublicK to 4

Northeast Intermediate School
Public5 to 8

Scranton High School
Public7 to 12

Bnos Yisroel Girls 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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821 Olive Street is a multi-family home for sale in Scranton, PA 18510. This property was listed for sale on September 7, 2023 by Iron Valley Real Estate Greater Scranton, it's currently listed at $339,999. It has been on the market for a total of 468 days and was last sold on July 23, 2024. This listing's school district is Scranton School District. Nearby schools include John Adams #4, Northeast Intermediate School and Scranton High School. 821 Olive Street is a 7-bed, 5-bath, 4,915 sqft multi-family home built in 1905.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate Greater Scranton

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.