$924,000
Scranton, PA 18510
MLS# 26-1054
5376 sqft
1 / 52
Property Description
Located in the Hill section of scranton this victorian style 7 unit, 9.5 CAP, multi family building is within walking distance to hospitals and colleges. It has been completely renovated down to the studs along with utility upgrades, plumbing etc then finished with granite counters and tiled baths in each apartment. Additionally this cash flowing investment features completely separated utilities.
Details
Maps
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 100 Plus Yrs
Lot Size: 40x110
Parking: On-Street
Property Sub Type: Multi Family
Aprx Total SF: 5376
Location, Tax & Legal
House # (2): 831
Zoning: Commercial
PIN #: 1467001004
DB/Record Book: R043
Page: 6699
Total County Assmnt: 340610
Est County Tax: 1877
Est Total Tax: 5545
House # (1): 829
Street Name: Monroe
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
Include: Seller owned appliances
Exclude: tenants personal belongings
Hot Sheet Comment: price
Showing Instructions
Contact Showing Service - See Remarks: 1
Expenses
Annual Gross Income: 99000
Annual Electric Exp: 900
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Garbage Remvl: 0
Annual Real Est Tax: 5545
Annual Fire/Liabilty: 2342
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 8787
Anl Net Inc b/4 Debt: 90213
Heat Fuel Type
Electric: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Condition
Excellent: 1
AC Type
None: 1
Water
Public: 1
Exterior
Asbestos: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Basement
Concrete Floor: 1
Full Unfinished: 1
Appliances
# Ranges: 7
# Refrigerators: 7
Unit 1 Info
Unit #: 1
Approx SF: 900
# Rooms: 6
Monthly Rent: 1250
# 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: 750
# Rooms: 5
Monthly Rent: 0
# 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
Approx SF: 690
# Rooms: 6
Monthly Rent: 1250
# 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 4 Info
Unit #: 4
Approx SF: 690
# Rooms: 5
Monthly Rent: 1250
# 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 5 Info
Unit #: 5
Approx SF: 670
# Rooms: 5
Monthly Rent: 1100
# 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 6 Info
Unit #: 6
Approx SF: 670
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: 1
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 7 Info
Unit #: 7
Approx SF: 670
# Rooms: 4
Monthly Rent: 1050
# Bedrooms: 1
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
Listing Information
Current Price: $924,000
List Price: $924,000
List Date: 2026-03-14
Remarks Directions
Directions: Start on Monroe Avenue near the University of Scranton campus.Head south on Monroe Ave.
Continue straight for several blocks. pass gibson st property on 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: None
Condition: Excellent
Exterior: Asbestos
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor; Full Unfinished
Supplements
6 of the units are rented and the last is currently on the market. while used for long term rentals today, Its close proximity to colleges and large hospitals beg the question if this property could have an enhanced ROI by focusing on short term/furnished rentals. Regardless of your investment strategy, all the hard work has already been done. Text or call 516-673-5685 for more information today!
Listing Office: RPA Real Estate
Listing Agent: Nicholas Weckstein
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.