Prime opportunity with this 7-unit multifamily property, ideally situated near major hospitals and schools, and perfect for tenants seeking convenience with this location. This income-generating property offers separate utilities, 16 parking spots behind the building, solid income potential, good tenant layouts, and would be a perfect addition to any investor's portfolio.
Prime Investment OpportunityDiscover this well-located four-unit investment property, just blocks from the University of Scranton, Geisinger Medical College, major hospitals, and popular shopping destinations. Perfect for both seasoned and first-time investors, this property offers significant income potential.Each unit features separate electric utilities, while the landlord currently covers heating & water costs--offering an opportunity to transition these expenses to tenants. The property just had 2 units updated with fresh paint, flooring and minor bath updates. Property also had new railings and fresh paint to the exterior done. Whether you're looking for a turn-key investment or a chance to boost income with upgrades and improvements, this property offers low overhead and high potential. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!
Prime Investment Opportunity Near the University of Scranton!This fantastic duplex offers an ideal blend of location, upgrades, and income potential. Situated just minutes from the University of Scranton, this property is perfect for both investors and those seeking a reliable rental income stream.Each side of the duplex features 5 spacious bedrooms, catering to the high demand for student and residential housing in the area. Recent upgrades throughout the property include modern kitchens with newer appliances, updated bathrooms, fresh paint and floors, ensuring low maintenance and high tenant satisfaction.Fully occupied, this duplex is currently generating over $3,000 in gross monthly rents. The steady income stream, combined with the property's proximity to the university and downtown Scranton, makes this an exceptional investment.Additional features include ample off-street parking, separate utilities for each unit, and a full basement for added storage.Don't miss out on this rare opportunity to own a high-performing duplex in one of Scranton's most desirable rental markets!
Discover an incredible commercial real estate opportunity in the vibrant Petersberg Corners! This property features a massive garage space, perfect for an art studio, warehouse, or storage needs. Additionally, the front house includes two apartments, ideal for rental income or a convenient living space.Both units offer excellent rental income opportunities. Alternatively, use one or both as a primary residence while managing your business in the rear garage space. Features large, easily accessible doors, ensuring convenient entry and exit for vehicles and large equipment.Don't miss out on this unique opportunity to own a versatile commercial property in Petersberg Corners. This property is perfect for expanding your business, starting a new venture, or securing rental income.
!!BACK ON THE MARKET WITH HUGE PRICE REDUCTION!! SELLER IS HIGHLY MOTIVATED. SEND YOUR INVESTORS/BUYERS NOW. Visit this amazing property in Scranton at 327-329 Prescott Avenue. This property is a symbol of possibility and opportunity rather than just a tangible building.Located in a thriving, changing neighborhood, this address captures the spirit of old world elegance. Its convenient location, close to hospitals, schools, and other facilities, makes it a great option for both families and investors. It has new roof installed in 2018 and new flooring just installed in whole 329 side of the building. 327 Side is owner occupied and One unit 329 side is OCCUPIED BY TENANTS NOW.Come check out and explore this property as it has lot to offer!
The median home value in Scranton, PA is $135,700. This is lower than the county median home value of $174,200. The national median home value is $338,100. The average price of homes sold in Scranton, PA is $135,700. Approximately 42.6% of Scranton homes are owned, compared to 42.72% rented, while 14.68% are vacant. Scranton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Scranton real estate agent to arrange a tour today!
Scranton, Pennsylvania 18510 has a population of 75,987. Scranton 18510 is less family-centric than the surrounding county with 19.74% 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 18510 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 18510 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.