Welcome to 821 Olive Street

A delightful three-unit investment property in Scranton's historic Hill Section. This fully rented property blends timeless elegance with modern convenience, making it an attractive option for both tenants and investors.Ideally located near major hospitals and the University of Scranton, this property caters perfectly to students, prof essionals and families.

The neighborhood is renowned for its picturesque streets and welcoming community, adding to the property's appeal. Additionally, the inclusion of a garage offers valuable storage or parking options.Imagine owning a piece of history while enjoying reliable rental income. This charming property is more than an investment; it's a place where stories unfold and memories are created. Don't miss your chance to be part of the Hill Section's vibrant community.

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on 821 Olive St
in Scranton, PA
Presented by Corey Christian at
Era One Source Realty - Peckville.


Property MLS #SC2688 from Scranton

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 7

+ Bathrooms

Total Bathrooms: 5
Full Bathrooms: 3
1/2 Bathrooms: 2

+ Appliances

Range
Refrigerator
Laundry Features: In Unit

+ Other Rooms

Basement Features: Unfinished

+ Heating and Cooling

Heating Features: Natural Gas

+ Exterior and Lot Features

Patio And Porch Features: Porch
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt

+ Land Info

Lot Size Acres: 0.21
Lot Size Dimensions: 70X130
Lot Size Square Feet: 9147

+ Garage and Parking

Parking Features: Garage, On Street, Off Street

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 485
Pet Description: Pet Restrictions Source: 3, Pet Size: 2

+ Multi-Unit Info

Number of Buildings: 1
Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 1700
Unit 2 Total Actual Rent: 1300
Unit 3 Total Actual Rent: 965

+ School Information

High School District: Scranton
+ Display Complete School Details

Northeast Intrmd School is a public middle school located approximately 0.3 miles away.
Map directions

John Adams #4 is a public elementary school located approximately 0.7 miles away.
Map directions

Scranton High School is a public high school located approximately 0.9 miles away.
Map directions

Bnos Yisroel Girls High School is a private high school located approximately 0.1 miles away.
Map directions

+ Rental Info

Lease Term: Minimum Lease: Unit 1, Seasonal Rent: Unit 2, Weekly Rent: Unit 3
Tenant Pays: Cable TV, Telephone, Electricity

+ Other Property Info

Annual Tax Amount: 8567.229999999
Source Listing Status: Pending
County: Lackawanna
Directions: On olive street left side going up
Tax Year: 2023
Source Property Type: Residential Income
Owner Pays: Gas, Water, Taxes, Sewer, Snow Removal, Repairs, Pest Control, Hot Water, Grounds Care
Zoning: RT008
Property Subtype: Multi Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$9,000 + $14,000 $23,000	$8,567
2020	$9,000 + $14,000 $23,000	$8,444
2019	$9,000 + $14,000 $23,000	$7,986
2018	$9,000 + $14,000 $23,000	$7,986
2017	$9,000 + $14,000 $23,000	$7,878
2016	$9,000 + $14,000 $23,000	$7,600
2015	$9,000 + $14,000 $23,000	$7,600
2014	$9,000 + $14,000 $23,000	$4,874
2013	$9,000 + $14,000 $23,000	$4,472
2012	$9,000 + $14,000 $23,000	$5,369
2011	$9,000 + $14,000 $23,000	$5,078
2010	$9,000 + $14,000 $23,000	$5,078
2009	$9,000 + $14,000 $23,000	$4,989

+ Reveal Property Sale History

Price Changed 2024-06-20
$300,000
Scranton

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Listed 2024-05-24
$330,000
Scranton

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Listing removed 2024-01-19
$0
Scranton

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Listed 2024-01-06
$330,000
Scranton

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Listing removed 2024-01-05
$0
Scranton

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Listed 2023-12-12
$339,999
Scranton

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Sold 2021-01-19
$261,375
Scranton

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Listing removed 2020-01-01
$0
Scranton

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Relisted 2019-07-12
$289,900
Scranton

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Listing removed 2019-07-01
$0
Scranton

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Relisted 2018-11-30
$289,900
Scranton

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Listing removed 2018-11-03
$289,900
Scranton

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Price Changed 2018-06-04
$289,900
Scranton

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Relisted 2018-04-01
$299,900
Scranton

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Listing removed 2018-02-21
$299,900
Scranton

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Price Changed 2017-11-06
$289,900
Scranton

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Listed 2017-05-10
$299,900
Scranton

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Listing removed 2015-08-05
$314,900
Scranton

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Price Changed 2015-04-15
$314,900
Scranton

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Listed 2015-03-05
$324,900
Scranton

+ Commercial Info

Operating Expense Includes: Maintenance, Water/Sewer, Utilities, Maintenance Grounds

+ Building and Construction

Total Square Feet Living: 4915
Year Built: 1905
Above Grade Finished Area: 4915
Common Walls: No Common Walls
Construction Materials: Frame, Wood Siding
Levels: Tri-Level
Property Age: 119
Roof: Composition
House Style: Victorian, Converted
Year Built Source: Public Records
Architectural Style: Victorian, Converted

+ Utilities

Sewer: Public Sewer
Electricity Connected
Water Connected
Sewer Connected
Natural Gas Connected
Water Source: Public