Description
Quadruplex! calling all investors – fully rented 4-unit with under market rents and major upside!
turnkey income + future growth!
welcome to a rare 4-unit investment opportunity in scranton’s highly desirable pine brook neighborhood! fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value.
current gross rental income: $38,100/year
projected market rent: $46,800/year
potential cap rate boost from 11.5% to 14.6%!
low expenses and tenant-paid utilities
minutes from downtown scranton, shopping, parks, and highways
enjoy immediate cash flow and the opportunity for strong future growth. do not miss this opportunity to add this investment property to your portfolio.
Property Type
Multi-FamilyCounty
LACKAWANNAStyle
ContemporaryAD ID
49521392
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full
- Property Appliances: Microwave,Refrigerator
Heating & Cooling
- Cooling: None
- Heating: Baseboard - Electric
- Cooling Fuel: None
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1973
- Structure: Detached
- Major Appliances: Microwave,Refrigerator
- New Construction: No
- Total Units: 4
- Built: 1973
- Construction Material: Aluminum Siding,Vinyl Siding
- Foundation/Basement: Concrete Perimeter
- Architecture: Contemporary
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 6,098
- Lot Size (Acres): 0.14
- Architectural Style: Contemporary
- Main Square Feet: 6,098
Property Information
- SQ ft: 2,600
- SQ ft (Living Area): 2,600
- Total Lot SQ ft: 6,098
- Financing: Cash,Conventional,FHA,VA
- Total Acreage: 0.14
- New Construction: No
- Type: Contemporary
-
Listing Information
Listing Information
- Possession: Immediate,Negotiable
- Days Of Market: 6
-
Taxes / Assessments
Tax Information
- Annual Tax: $4,257
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,Negotiable
Assessment Information
- Taxes Assessment Amount: $13,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Off Street,On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA,VA
Homeowners Association Information
- Direction: From Green Ridge St in Scranton turn onto Capouse Ave.
-
School, Utilities & Location Details
School Information
- Elementary School: PRESCOTT
- Middle OR Junior School: WEST SCRANTON
- High School: SCRANTON
- School District: SCRANTON
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: From Green Ridge St in Scranton turn onto Capouse Ave.
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BuyOwner last updated this listing 05/04/2025 @ 21:12
- MLS: PALW2000590
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 6,098 sized lot, and 0 parking. are nearby neighborhoods.