703 E Lackawanna Ave
Olyphant, PA 18447

$159,500
Est. Mortgage: $774/mo
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Active
Multi-Family Home

Looking for a great investment property? Look no further! The main unit (Apt 1) has the layout of a traditional home. It has 3 bedrooms, 1 full bath, 3/4 Bath, Laundry, Eat in Kitchen, Living Room & Family Room. It has hardwood & updated kitchen & baths. Unit 2 is a 2nd fl updated 1 bedroom apt. Unit 3 is a 1st fl updated 1 bedroom apt. Unit 2 is vacant which makes it perfect for buyers if financing requires them to reside there. When fully rented Gross $26580+ & Net $21089+ ,potentially.The furnace was installed in 8/14 & hot water heater was installed in 3/13. Ductless AC 1st fl main apt.There is a 2 car detached garage with alley access. Apt 2 (2nd fl) currently vacant. Tenants are month to monthMeasurements are approximate & information is not guaranteed.

Property Details
  • Mid Valley
    school district
  • Converted
    architecture
  • $1,450.23
    taxes
  • 1920
    built
  • 2
    stories
  • 18-1280
    MLS#
Natural gas heat
Partial basement
School district: Mid Valley
Garage
Detached parking
Off street parking
On street parking
Garage spaces: 2.00
Aluminum siding
Lot acreage is: 0.14
Lot dimension is: 50X120
Lot zoned: Multi-Family
Road frontage: 50.00
Composition roof
Public sewer
Public water
Units in building(s): 3
Square footage unit #1: 1960
Square footage unit #2: 560
Square footage unit #3: 560
Property style: Converted
Tax year: 2017
Bedrooms in unit #1: 3
Bedrooms in unit #2: 1
Bedrooms in unit #3: 1
Baths in unit #1: 2.00
Baths in unit #2: 1.00
Baths in unit #3: 1.00
Courtesy of:
Liberty Realty & Appraisal Services

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Name Type GreatSchools
Rating
Distance
Mid Valley El Center Elementary School / Public 4 1.25 mi.
Mid Valley Middle School Middle School / Public N/A 1.14 mi.
Mid Valley High School High School / Public N/A 1.14 mi.
La Salle Academy - Primary Center * Pre-School, Elementary School / Private N/A 1.12 mi.
St. Mary's School * Pre-School, Elementary School, Middle School / Private N/A 0.44 mi.
The Geneva School * Pre-School, Elementary School, Middle School / Private N/A 0.61 mi.
Address Distance Sale date Sale price
724 E Scott St 0.09 mi. 12/22/2016 $153,500
539 E Pine St 0.3 mi. 3/19/2018 $105,000
219 Delaware Ave 0.43 mi. 2/3/2017 $155,000
406-408 Lackawanna Avenue 0.43 mi. 12/28/2016 $110,000
337 339 Dolph St 0.63 mi. 1/2/2018 $170,000
612 Dundaff Rd 1.09 mi. 9/14/2016 $136,000
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The approximate monthly principal & interest payment for this property would be $774.34.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $7,975. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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703 E Lackawanna Avenue, Olyphant, PA 18447 multi-family home offered for sale at $159,500.
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© 2018 Greater Scranton Board of REALTORS®.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.