$930,000
Scranton, PA 18505
MLS# 25-3007
Status: Closed
7994 sqft

1 / 65
Property Description
Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential.
Details
Maps
Listing Information
Limited Service: No
Current Price: $930,000
List Price: $930,000
Listing Contract Date: 2025-06-17
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 76 - 100 Yrs
Lot Size: 190X50
# Spaces off-Street: 10
Parking: Off-Street
Property Sub Type: Multiple Buildings
Building Area Total: 7994
Location, Tax & Legal
Zoning: Commercial
PIN #: 15619060014
DB/Record Book: 2022
Page: 15689
Total County Assmnt: 35500
Est County Tax: 223.78
Est Total Tax: 10106.16
Street Number: 509-513
Street Name: Beech
Street Suffix: Street
State: PA
Postal Code: 18505
County: Lackawanna
MLS Area Major: Misc Out of County
SchoolDistrict: Scranton
Township: Scranton City
Subdivision Name: None
Remarks & Directions
Include: 10 REFRIGERATORS, 10 STOVES, COIN OPERATED 1 WASH & 1 DRYER Appliances are AS-IS.
Exclude: Owner and tenants personal property.
Hot Sheet Comment: price
Showing Instructions
Contact Showing Service - See Remarks: 1
Expenses
Annual Gross Income: 137700
Annual Electric Exp: 1140
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 15100
Annual Sewer Exp: 0
Annual Real Est Tax: 8106
Annual Fire/Liabilty: 10640
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 1020
Total Annl Expenses: 38586
Anl Net Inc b/4 Debt: 0
Heat Fuel Type
Electric: 1
Gas: 1
Interior Finish
Drywall: 1
Paneling: 1
Plaster: 1
Heat Type
Electric Baseboard: 1
Hot Water Radiator: 1
Condition
Good: 1
AC Type
None: 1
Water
Public: 1
Exterior
Brick: 1
Sewer
Public: 1
Roof
Rubber: 1
Basement
Concrete Floor: 1
Dirt Floor: 1
Partially Finished: 1
Unfinished: 1
MF Amenities
Coin-Op Washer/Dryer: 1
Dumpster: 1
Porch: 1
Street Lights: 1
Appliances
# Ranges: 10
# Refrigerators: 10
# Washer: 1
# Dryers: 1
Unit 1 Info
Unit #: 5131
Approx SF: 551
# Rooms: 4
Monthly Rent: 850
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 5132
Approx SF: 550
# Rooms: 4
Monthly Rent: 825
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 5133
Approx SF: 551
# Rooms: 4
Monthly Rent: 800
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 5134
Approx SF: 540
# Rooms: 4
Monthly Rent: 700
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 5 Info
Unit #: 509
Approx SF: 1013
# Rooms: 2
Monthly Rent: 1350
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 6 Info
Unit #: 509
Approx SF: 1078
# Rooms: 2
Monthly Rent: 1500
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 7 Info
Unit #: 5091
Approx SF: 559
# Rooms: 4
Monthly Rent: 825
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 8 Info
Unit #: 5092
Approx SF: 917
# Rooms: 7
Monthly Rent: 1275
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 9 Info
Unit #: 5093
Approx SF: 588
# Rooms: 4
Monthly Rent: 750
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 10 Info
Unit #: 5094
Approx SF: 630
# Rooms: 5
Monthly Rent: 875
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Remarks Directions
Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street.
Status Change Information
Status: Closed
Purchase Contract Date: 2026-01-17
Close Date: 2026-01-27
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric; Gas
Heat Type: Hot Water Radiator
AC Type: None
Condition: Good
Exterior: Brick
Basement: Partially Finished; Unfinished
MF Amenities: Dumpster
Supplements
509 Beech Street features 6 residential apartments and 2 street-level commercial storefronts, currently occupied by a Grocery Store and a Barber Shop.
513 Beech Street includes 4 residential apartments.
Three residential units are on month-to-month leases, offering flexibility for rent adjustments or tenant updates.
The buildings boast semi-modern kitchens and baths, with finished square footage totaling nearly 8,000 sq ft.
Tenants cover their own electric; landlord covers electric for common areas, including laundry and exterior lighting. Water and Sewer combined billing, paid by owner.
On-site parking for 10 vehicles, plus ample on-street parking.
Unit 11 has 2BR 1BA $800 M-T-M
Unit 12 has 1BR 1 BA $800
These properties are ideal for investors looking for reliable cash flow with value-add potential through future renovations or lease restructuring.
Listing Office: Abstract Realty Group
Listing Agent: Amber Donnelly
Last Updated: February - 04 - 2026
Information deemed reliable but not guaranteed.