$750,000
Scranton, PA 18510
MLS# 26-5187
4075 sqft
1 / 40
Property Description
Fully renovated 7-unit in Scranton's Hill Section. Four 2BR and three 1BR apartments, every unit just updated, all separately metered with tenants paying heat, electric, water and sewer. Low owner expenses and immediate cash flow with room to grow rents to market. Turnkey multifamily for the investor who wants income on day one without the renovation work. Can be sold as a part of a portfolio.
Details
Maps
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 76 - 100 Yrs
Lot Size: 160x40
Property Sub Type: Multi Family
Aprx Total SF: 4075
Year Built: 1940
Location, Tax & Legal
Zoning: Apartment Residential
PIN #: 14677020024
DB/Record Book: 202011863
Page: 0
Total County Assmnt: 12400
Est County Tax: 1115.75
Est Total Tax: 4790.78
House # (1): 621-623
Street Name: Madison
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
MLS Area: Misc Out of County
School District: Scranton
Municipality: Scranton City
Develop/Subdivision: None
Remarks & Directions
Hot Sheet Comment: new
Showing Instructions
Contact Showing Service - See Remarks: 1
Expenses
Annual Gross Income: 79500
Annual Electric Exp: 1000
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Real Est Tax: 4090
Annual Fire/Liabilty: 1024
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 4644
Total Annl Expenses: 10758
Anl Net Inc b/4 Debt: 68742
Heat Fuel Type
Electric: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Condition
Very Good: 1
AC Type
Window Units: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Asbestos Shingles: 1
Hot Water Heater
Electric: 1
Basement
Partial: 1
Unfinished: 1
Unit 1 Info
Unit #: 1
Approx SF: 1000
# Rooms: 4
Monthly Rent: 950
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 2 Info
Unit #: 2
Approx SF: 1000
# Rooms: 4
Monthly Rent: 995
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 3 Info
Unit #: 3
Monthly Rent: 950
# Bedrooms: 1
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 4 Info
Unit #: 4
Monthly Rent: 950
# Bedrooms: 1
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 5 Info
Unit #: 5
Monthly Rent: 985
# Bedrooms: 2
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 6 Info
Unit #: 6
Monthly Rent: 900
# Bedrooms: 2
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 7 Info
Unit #: 7
Monthly Rent: 895
# Bedrooms: 1
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Listing Information
Current Price: $750,000
List Price: $750,000
List Date: 2026-10-06
Remarks Directions
Directions: From Center of Scranton: Head toward N Washington Ave. Turn left onto Madison Ave.
Destination will be on the left.
Status Change Information
Status: Active
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: Window Units
Condition: Very Good
Exterior: Vinyl
Roof: Asbestos Shingles
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Partial; Unfinished
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: October - 06 - 2026
Information deemed reliable but not guaranteed.