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Scranton, PA, 18505 • Downtown • Lackawanna County
$68/sqft
-$10,000 since Aug 19, 2025
8Beds
5Baths
7,200Sqft
0.16 acLot
1919Built
Character Home
Built 1919 · 107 years of history
None
Downtown
This home is getting attention
Listed 321 days ago · 439 views · 22 saves
Demand and pricing signals for this listing
439 views
People checking out this listing
22 saves
Buyers have saved this home
321 days on market
Established listing
$68/sqft
Price per square foot
This home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1919 · Historic
Turnkey 5-Unit Investment Opportunity on River StreetFully occupied and generating over $54,600 in annual gross income, this well-maintained 5-unit complex is a strong, cash-flowing asset. Four of the five units have been extensively upgraded with modern kitchens featuring granite countertops and new appliances, updated flooring, fresh paint, and remodeled bathrooms--providing quality living spaces tenants appreciate.Each unit is separately metered, with tenants responsible for their own electric (including heat and hot water). Water is sub-metered and can be billed back, optimizing your utility cost management. The building offers coded front and rear entry for both security and ease of access.Additional highlights include a large backyard and rear off-street parking for tenant convenience.Bonus Value-Add Potential:Unlock even more income with the property's expansive walk-up attic, offering the perfect canvas for future apartment conversions, premium storage units, or creative revenue streams. With the right vision and upgrades, this untapped space could dramatically increase long-term returns. Additionally, the full-height basement provides an excellent opportunity to install tenant storage lockers or other rentable features, adding immediate, low-maintenance monthly income.Owner is a Licensed RE Broker.
Standout features identified
Our analysis highlights large backyard, fresh paint, and modern kitchens as key attractions of this home.
Based on current rates
Est. 6.08% rate · 30yr fixed · $391,200 loan
Full calculator →Key facts and listing details
6 categories of property features
Market data and value estimates
3 schools rated nearby
Scranton, PA, 18505
11 events
23 years of records
Local context around this listing
Scranton, PA • Lackawanna County
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Based on information submitted to the MLS GRID as of 2026-04-10 09:07:47 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#232)
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