1515 Vine Street

SCRANTON, PA 18510

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 6252.09
    Sqft(Lot)
$2,500,000

Description

10 units leased – prime turnkey investment opportunity | 12-unit multifamily in scranton, pa

a newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset with immediate cash flow. now 83% leased, this property is performing with just two units left to fill—offering strong in-place income and room for upside.

each unit has been fully modernized with granite countertops, updated flooring, and brand-new appliances, appealing to quality tenants and reducing long-term maintenance costs.
at a projected 7.23% cap rate, this opportunity offers:

turnkey condition – no major capital expenditures needed
immediate cash flow – 10 of 12 units leased
modern finishes – granite counters, stainless appliances, and updated interiors
tenant-friendly amenities – laundry, secure entry, and modern mail system
prime location – near hospitals, universities, and key commuter routes

with high rental demand and market rents continuing to rise, this property is ideally positioned for full stabilization and long-term appreciation.

contact us for full financials and to schedule a private tour of this income-producing gem!

  • Property Type

    Multi-Family

  • County

    LACKAWANNA

  • Style

    Contemporary

  • AD ID

    48604783

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: None
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2024
    • Structure: Other
    • New Construction: No
    • Total Units: 4
    • Built: 2024
    • Construction Material: Block,Aluminum Siding,Asphalt,Brick,Vinyl Siding
    • Architecture: Contemporary
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Septic

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 6,252
    • Lot Size (Acres): 0.14
    • Architectural Style: Contemporary
    • Main Square Feet: 6,252

    Property Information

    • SQ ft: 10,584
    • SQ ft (Living Area): 9,080
    • Total Lot SQ ft: 6,252
    • Subdivision: SCRANTON
    • Financing: Cash,Conventional
    • Total Acreage: 0.14
    • New Construction: No
    • Type: Contemporary

  • Listing Information

    • Possession: Immediate,Negotiable
    • Days Of Market: 112

  • Tax Information

    • Annual Tax: $6,073
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $23,000

  • Virtual Tour

    Parking Information

    • Parking Type: Off Street,On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: Take Meadow Ave, Moosic St and Harrison Ave to Vine St. Turn left onto River St Turn right onto Meadow Ave Turn left onto Moosic St Turn right onto Harrison Ave Turn left onto Vine St Destination will be on the right

  • School Information

    • Elementary School: FRANCES WILLARD
    • Middle OR Junior School: SOUTH SCRANTON
    • High School: SCRANTON
    • School District: SCRANTON

    Utility Information

    • Water Source: Public
    • Sewer: Public Septic
    • Cooling Fuel: None
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Take Meadow Ave, Moosic St and Harrison Ave to Vine St. Turn left onto River St Turn right onto Meadow Ave Turn left onto Moosic St Turn right onto Harrison Ave Turn left onto Vine St Destination will be on the right
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BuyOwner last updated this listing 06/09/2025 @ 17:24

  • MLS: PALW2000524
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 6,252 sized lot, and 0 parking. are nearby neighborhoods.