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23398337
23398338

329 Penn Ave, Scranton, PA 18503

CH
PA RB069694
Hibble & Harris Real Estate
Listed by Hibble & Harris Real Estate
$2,000,000
1997 days on market
Updated 177 days ago
Opportunity zone

Electric City Center

Details
Property Type Mixed Use, Office
Sub Type Executive Office
Square Footage 18,000
Units 11
Cap Rate 6.61%
NOI $132,259
Occupancy 100%
Tenancy Multi
Price per SqFt $111
Year Built 1940
Year Renovated 2006
Buildings 2
Stories 3
Zoning Commercial
Parking Spaces spaces

Mixed Use | 6.61% CAP | 18,000 SqFt

Marketing description

A professional mixed-use building that features 2 floors of office space in Main Building and 6 luxury apartments in the attached 3 story building. The property has 10 parking spaces in the rear of the building and a 2 car garage. This property also includes tax id #1458301003 which is a parking lot with 14 parking spaces next to the building. 24 Total parking spaces with both properties. New rubber roof on both buildings done in 2017. The building is 100% Occupied.

Listing Contacts

CH
PA RB069694
Hibble & Harris Real Estate
Listed by Hibble & Harris Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,259.00
$11,021.58/mo

Valuation Metrics

0
DSCR
6.61%
Cap Rate
6.61%
ROI

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Additional Information

Name
Charles Hibble
License
RB069694
Brokerage
Hibble Harris Real Estate
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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