640 Jefferson Avenue, Scranton, PA 18510 (MLS# 25-3842)

$1,529,977
640 Jefferson Avenue
Scranton, PA 18510
MLS# 25-3842
Status: Pending
17 baths  |  8000 sqft
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Property Description
Fully Occupied & Cash Flowing 17-unit multifamily in Scranton, PA, just minutes from Geisinger Medical School and Commonwealth Hospital. Ideal for students and professionals, with nearby major employers including the University of Scranton, Sanofi, PennDOT, Amazon, and MetLife. Turn-key investment in a strong rental market and upside opportunity. Don't miss out!

Details
Maps
Listing Information
For Sale: Y
Current Price: $1,529,977
List Price: $1,529,977
List Date: 2025-07-31
Property Information
Realtor.COM Type: Commercial
SqFt Office: 0
SqFt Warehouse: 0
Lot Size: 30000
Garage Stalls: 0
Year Built Age: 31 - 40 Yrs
# Spaces Off-Street: 0
# of Docks: 0
Environmental Survey: N
Property Sub Type: Mixed Use
Aprx Total SF: 8000
Total Bathrooms: 17
Location, Tax & Legal
Zoning: Multi-Family
PIN#: 14677020006
DB/Record Book: 2023.16752
Page: 202316752
Appeal Pending: No
Total County Assmnt: 36000
Est County Tax: 3239.28
Est Total Tax: 13325.9
House # (1): 640
Street Name: Jefferson
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
MLS Area: Misc Out of County
County: Luzerne
Municipality: Scranton City
Develop/Subdivision: None
School District: Other - See Remarks
Remarks & Directions
Hot Sheet Comment: new
Income & Expenses
Annual Gross Inc: 211320
Annual Tot Expenses: 31135
Ann Net B/4 Debt: 176286
Heat Fuel Type
Gas: 1
Heat Type
Hot Water Radiator: 1
Condition
Good: 1
AC Type
None: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Other - See Remarks: 1
Property Features
Prime Location: 1
Turnkey Operation: 1
Present Use
Apartments: 1
Ceiling Height
9'1' to 10': 1
Included in Sale
Building: 1
Remarks Directions
Directions: Head northwest on Mulberry St toward Quincy Ave. Turn right onto Jefferson Ave. Destination will be on the right.
Status Change Information
Status: Pending
Under Contract Date: 2025-12-12
Property Features
Heat Fuel Type: Gas
Heat Type: Hot Water Radiator
AC Type: None
Water: Public
Sewer: Public
Exterior: Vinyl
Condition: Good
Roof: Other - See Remarks
Property Features: Prime Location; Turnkey Operation
Present Use: Apartments
Ceiling Height: 9'1' to 10'
Included in Sale: Building
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus

Last Updated: December - 29 - 2025

Information deemed reliable but not guaranteed.

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