Excellent investment opportunity with this well maintained 4 unit. Three vacant units, two of which have been recently updated and remodeled. to live in one unit while generating rental income, this property offers a combination of cash flow potential.
Back on the market due to buyers remorse! This is a nice double block home featuring two distinct units. The right side includes 6 rooms with 3 bedrooms and 1 bathroom, while the left side offers 5 rooms with 2 bedrooms and 1 bathroom. The heat and electric utilities are separate for each unit, and the property benefits from very low taxes. Water, sewer and gas generate a combined bill and electric generates 2 bills. There are 2 gas furnacesThe home is situated on a generous lot that extends back over 200 feet and fronts on a beautiful section of the Lackawanna River. The neighboring properties are well-maintained, and there is a public park within walking distance. Please let me know if you would like more information or if you would like to schedule a time to see the property.Best regards, Robert Vanston
Exceptional investment opportunity located in downtown Scranton, featuring a fully renovated 14-unit mixed-use property generating approximately 290,000 in annual gross rental income.This turnkey asset consists of 5 two-bedroom apartments, 6 one-bedroom apartments, 1 studio apartment, and 2 commercial storefronts. The building has undergone a complete stud-to-gut renovation and showcases high-end finishes throughout, including exposed brick, modern fixtures, and quality craftsmanship that sets it apart from typical multifamily inventory.All units are separately metered with tenants paying all utilities, creating a strong, low-expense operating model. The property also offers ample on-site parking, strong tenant demand driven by its central downtown location, and meaningful upside through future rent growth.Further enhancing the investment profile, the property benefits from exceptionally low real estate taxes, making this a rare combination of stabilized cash flow and long-term appreciation potential in a revitalizing urban core.A true turnkey, low-maintenance mixed-use asset in one of Scranton's most active and improving downtown corridors.
Looking to get something solid to live in or possibly rent? This might be it! Check out this property setup with separate utilities (Gas/Water/Electric) -- 1st floor is a 2 bed, 1 bath with laundry (washer and dryer included) and a nice sized living room ready to go! 2nd floor has a 2 bed (walk thru), 1 bath and with some TLC would be a nice spot! Outback, check out the deck and large fenced in flat backyard! Make it happen today!
Solid Central City Area investment opportunity! Although this is listed as a Residential Income Property, it includes a rented 1077 square foot commercial garage with Bishamon overhead automobile power lift in one bay. Garage area includes an office with separate full bathroom, 1/2 bathroom with 1 bay that holds two automobiles. Also included is a detached aluminum garage that can hold 4 automobiles. The Residential Income part of the property consists of 2 units. One unit is a 676 square foot, one bedroom, 1 bathroom apartment with laundry and an eat in kitchen. The other unit is a 678 square foot two bedroom, 1 bathroom with laundry room and eat in kitchen. All units are fully rented with long term tenants. All information and measurements are approximate and not warranted or guaranteed.
Great opportunity to own a well-maintained duplex in South Scranton! This income-producing property features two nice units, each offering 2 bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen. This property is ideal for investors or owner-occupants looking to live in one unit while generating rental income from the other. The property has seen several updates, including replacement windows and a newer water heater. Each unit includes its own washer and dryer for added tenant convenience. A large backyard with off-street parking provides additional value and appeal. Conveniently located near downtown Scranton, shopping, restaurants, schools, and major highways. Whether you're expanding your investment portfolio or searching for a house-hack opportunity, this duplex offers strong rental potential and long-term value.
Calling all investors looking for a great addition to their portfolio with two fully rented units to long-term, dependable tenants! Each unit has two bedrooms, one bath, separate utilities, a shared backyard, and one shared off street parking space. Don't miss your opportunity to own this great duplex in Scranton!
Welcome to 1830-1832 Washburn Street, a spacious 3-unit property in West Scranton with plenty to offer. This building features 7 bedrooms and 3 bathrooms with approximately 4,660 square feet of living space. Each unit has separate utilities, making ownership simple and easy to manage. The property sits on a corner lot and offers three large apartments with long-term tenants currently in place. Current rents are below market, giving the next owner room to grow the rental income over time. With its size, setup, and income potential, this property is a great opportunity to add to your investment portfolio.
Great opportunity for an investor or someone looking to build equity! This property includes two homes on a corner lot in a quiet neighborhood close to schools, parks, and shopping. The first home is a 2-unit with spacious 2 bedroom apartments and the potential to make each unit 3 bedrooms. The second home is a single-family 2 bedroom house, perfect to live in while collecting rental income from the other property. Features include a 2-car garage, nice size yard, separate utilities, and a newer roof on the duplex installed just a few years ago. Both homes need some work and are being sold as-is, but with some updates this property has excellent income potential. Perfect for an investor or handyman not afraid to put in some work and turn this into a great money maker.Information and Measurements aren't Warranted or Guaranteed
Nice 3-unit with great cash flow potential. 3BR, 2BR and 1BR, each with modern kitchens & baths. Separate electric. $49,000. annual rent potential.
Great solid income property-Brick Duplex-Fully rented, close to all major hospitals, Universities and medical buildings, 5 mins drive to Viewmont & Steamtown Malls. Walkable to grocery stores, downtown Scranton and restaurants. Making it perfect for nurses/medical staff. Separate utilities and separate entrance. Tenants pay gas and electric. Unit#1 has 2 Beds and a Study Room with Living Room, Kitchen, 1-Bath and PatioUnit#2 has 3 Beds, Living Room, Kitchen, 1-Bath and Backyard
Great investment opportunity in the heart of South Scranton! This well-maintained three-unit property is a must-see for investors or owner-occupants alike. The current owner has updated and separated all utilities, offering convenience and efficiency with separate utilities for each unit. Two units are currently rented, providing immediate income, while one vacant unit offers the perfect opportunity for an owner-occupant or additional rental income. The property features updated utilities throughout, including two newer water heaters, and has been well cared for over the years. Conveniently located close to shopping, restaurants, schools, and downtown Scranton, this property is a solid addition to any investment portfolio.
INVESTOR OPPORTUNITY ALERT Hey Investors... Here's a great deal for you.An 8 Unit property on the corner of Sanderson & Green Ridge Street in Scranton -- right on the Dunmore border in a strong rental location with solid income potential. 2 - Two Bedroom Apartments 6 - One Bedroom Apartments Excellent corner location Strong rental demand area Opportunity to increase cash flow and build long-term equity Ideal addition for both seasoned and first-time investors looking to expand their portfolioThis is the type of multifamily asset investors are constantly looking for -- income producing with upside potential.Group showings will be scheduled.Reach out soon for financials, rent roll information, and showing availability before this one is gone.POF/Preapproval Required for Showings.
INVESTORS! Own 2 Buildings 4 Units and a Garage on the same lot in Central Scranton. Large 3 Unit Building on Academy Street and a Single Family 3 Bedroom Home on Rachel Place with a Detached Garage all on the same lot. Newly Renovated Units with Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units Ready to Rent. Right Side has One 4 Bedroom Unit with 2 Baths Rented. All with 3 New Gas Furnaces with Forced Air Heat. New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Even has Updated Electrical, Plumbing and Windows Throughout. Live in the 3 Bedroom Home with a Garage or Rent all 4 units and the Garage. Outstanding Income Potential.
Turnkey investment opportunity in Scranton, PA! This 2-unit multifamily property features two, 3-bedroom, 1-bathroom units and is currently generating rental income with one unit occupied. The vacant unit offers immediate flexibility to maximize cash flow from day one.This property has been updated with new flooring, water hearer, and new roof, giving the next owner peace of mind and minimized near-term capital expenditure. Units have separate electric meters, keeping utility costs the responsibility of tenants and protecting your bottom line.Conveniently located in Scranton, with easy access to major employers, universities, downtown amenities, and I-81. Whether you're a seasoned investor or first-time buyer, this property is an ideal addition to any rental portfolio.
Excellent mixed-use investment or owner-user opportunity located on East Market Street just steps from Green Ridge Corners in one of Scranton's most established commercial corridors. Offering approximately 3,500 total square feet, this versatile property features approximately 1,750 square feet of commercial space on the first floor and two well-maintained 1-bedroom apartments on the second floor, creating multiple income streams and flexible occupancy options.The commercial level includes two bathrooms and can be configured as one larger commercial space or two separate storefronts, making it ideal for a variety of retail, office, or service-based businesses. Owner-occupants can operate their business while generating rental income from the apartments to help offset operating costs.Additional highlights include a private rear parking lot, excellent visibility and frontage on a well-traveled roadway, and a location just one block from Green Ridge Corners, surrounded by established businesses, restaurants, and neighborhood amenities. Electric and natural gas utilities are separately metered, while water service is shared. Whether you're an investor seeking a stable mixed-use asset or an entrepreneur looking for a flexible owner-user opportunity, this property offers exceptional versatility and long-term potential.
6 UNITS! 2 Store fronts currently a barber shop and salon shop. 2nd floor has 3 residential units. 3rd floor (penthouse) 1 large unit. Property is in good condition with good visibility and traffic count. Great downtown Southside location with alley access in rear and off street parking for 3rd floor
Located in the Hill section of scranton this victorian style 7 unit, 9.5 CAP, multi family building is within walking distance to hospitals and colleges. It has been completely renovated down to the studs along with utility upgrades, plumbing etc then finished with granite counters and tiled baths in each apartment. Additionally this cash flowing investment features completely separated utilities. 6 of the units are rented and the last is currently on the market. while used for long term rentals today, Its close proximity to colleges and large hospitals beg the question if this property could have an enhanced ROI by focusing on short term/furnished rentals. Regardless of your investment strategy, all the hard work has already been done. Text or call 516-673-5685 for more information today!
INVESTORS! Own 2 Buildings 4 Units and a Garage on the same lot in Central Scranton. Large 3 Unit Building on Academy Street and a Single Family 3 Bedroom Home on Rachel Place with a Detached Garage all on the same lot. Newly Renovated Units with Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units Ready to Rent. Right Side has One 4 Bedroom Unit with 2 Baths Rented. All with 3 New Gas Furnaces with Forced Air Heat. New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Even has Updated Electrical, Plumbing and Windows Throughout. Live in the 3 Bedroom Home with a Garage or Rent all 4 units and the Garage. Outstanding Income Potential.
Prime Main Avenue commercial opportunity in Scranton! This 3-unit mixed-use property is ideal for an investor seeking a street-level storefront with two residential apartments above and behind. All utilities are separately metered along with central AC in the storefront. The second floor 3-bedroom apartment is currently rented for $800/month. The main level features a commercial storefront with a bathroom, which connects to a rear 1-bedroom apartment that is currently vacant - offering easy access for showings. The basement and lower level units are easy to show. Showings for the 3-bedroom apartment will need to be scheduled in advance. Enjoy excellent road frontage and visibility on one of Scranton's busiest slow-traffic corridors, providing strong exposure for any retail or service-based business.
Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this property offers that potential. Multi family property less than 5 minutes away from the city of Scranton. It features one off street parking, a balcony, and a deck. Walk-up attic could provide an opportunity for additional living space.
Income-producing, fully occupied duplex with over 20,000 in annual rental income. Separate heat, electric and hot water and excellent upside potential--simple cosmetic updates could significantly increase returns.
Don't miss this opportunity to own a large 3-unit property with all separate utilities, making it ideal for investors. The building features an impressive unit mix including one oversized 5-bedroom, 2-bath unit and two additional 3-bedroom units, offering strong rental appeal and flexibility.With low annual taxes and the ability to generate over $50,000 in gross annual income at full occupancy, this property delivers excellent cash-flow potential. The generous unit sizes are hard to find and help attract long-term tenants.
Fantastic opportunity to own a large mixed-use 3-unit property with a 2-car garage in a high-visibility location! The spacious first floor offers a versatile commercial space that can be used as one large unit or easily divided into two separate storefronts, providing flexibility for multiple tenants or business types. Perfect for retail, office, salon, studio, or service-based operations.Above the commercial space are two well-maintained residential units -- a 3-bedroom apartment and a 1-bedroom apartment -- offering steady rental income or the option for an owner-occupant setup.With excellent visibility, flexible layout options, and multiple income streams, this property is an ideal investment for business owners or investors alike.
Scranton is located in Pennsylvania. Scranton, Pennsylvania has a population of 75,987. Scranton is less family-centric than the surrounding county with 23.65% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Scranton, Pennsylvania is $44,161. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Scranton is 37.5 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 40.3 inches per year, with 40.9 inches of snow per year.
