Property Description

Welcome to your next investment venture in the heart of Scranton! This multi-family property presents an exceptional opportunity for investors seeking reliable rental income coupled with valuable amenities.Nestled in the vibrant community of Scranton, this property enjoys proximity to essential amenities, including shopping centers, schools, parks, and major transportation routes, ensuring convenience for tenants and facilitating high occupancy rates.With three separate units, including two already rented, this property offers immediate income generation. The consistent demand for multi-family housing in Scranton ensures stable rental returns, making it an attractive investment option. A rare find in multi-family properties, the included two-car garage not only provides convenient parking for tenants but also presents an additional source of income. Whether leased separately or included with one of the units, the garage enhances the property’s value proposition. Perfect for families and pet owners, the large fenced yard offers privacy, security, and a serene outdoor space for relaxation and recreation. This feature adds significant appeal to potential tenants, contributing to higher occupancy rates and tenant satisfaction. Enjoy the advantage of low property taxes, enhancing the property’s profitability and long-term financial viability. Additionally, each unit is equipped with separate electric meters, ensuring hassle-free utility management for both landlords and tenants.This multi-family property is not only a lucrative investment in the present but also promises robust appreciation potential in the future. Plus a store front/ studio apartment that can be a possibility for more rent , but buyer would need to get their own zoning. With ongoing development and economic growth in Scranton and surrounding areas, real estate values are poised to increase, offering investors the opportunity for significant capital gains.

Features
: Natural gas, Steam
: Ceiling Fan(s)
: Unfinished, Concrete
: Front Porch, Side Porch
: Detached, On street
Address Map
US
PA
Lackawanna
Scranton
18505
Scranton
Brook
624
Street
Additional Details
0.15
2
$3,106
Scranton
: Refrigerator, Microwave, Electric Range
: Tile, Vinyl, Carpet
: Eat-in Kitchen, Ceiling Fan(s)
: Composition
: Traditional
: Public
ERA One Source Realty
: Not in development, Level
$0
: Asphalt
40X160
$10,000
Rt007
Nativity
: Aluminum Siding
: Combination
: In Kitchen, In Unit, Lower Level, In Basement
Two
: Close Of Escrow
: Public Sewer
: Appointment Only, See Remarks
Yes
99.01
03/05/2024
10
10
03/05/2024 05:00:00
Active
2.50
%
0.00
%
0.00
%
No
$0
$259,900
2625
0
16707040076
From Pittston Ave, take a left onto Brook Street a
Patricia Ryan
03/05/2024 21:20:26
23/04/2024 17:46:09
03/05/2024 21:18:42
scranton
No

Residential Income For Sale

624 Brook Street, Scranton, Pennsylvania 18505

4 Bathrooms
2,625 Sqft
$259,900
Listing ID #GSBSC2137
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : GSBSC2137
Ref ID : GSB20240417190345165559000000
Price : $259,900
Bathrooms : 4
Full Bathrooms : 3
Partial Bathrooms : 1
Living Area : 2,625 Sqft
Year Built : 1950
Garage Spaces : 2
Status : Active
PropertySubType : Multi Family
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