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SHOWINGS BEGIN WEDNESDAY 4/30. 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.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/28/2025 |
|---|---|---|---|
| TRACT | SCRANTON | YEAR BUILT | 1973 |
| COMMUNITY | Scranton City (13634) | COUNTY | LACKAWANNA |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | SCRANTON |
|---|---|
| Elementary School | PRESCOTT |
| Jr. High School | WEST SCRANTON |
| High School | SCRANTON |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Microwave, Refrigerator |
| AREA | Scranton City (13634) |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Baseboard, Electric |
| LOT | 6098 sq ft |
| PARKING | Off Street, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | SCRANTON |
| TAXES | 4257.32 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ramos Realty
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2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/30/25 12:26 AM PDT
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