$750,000
621-623 Madison Avenue, Scranton
Scranton, PA, 18510
7
Units
4,075
Sq Ft
1940
Built
About This Property.
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.
Home Features
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Electric Baseboard
- Basement
- Unfinished, Partial
- Exterior
- Vinyl Siding
- Roof
- Asbestos Shingle
- Lot Dimensions
- 160x40
- Interior Features
- Drywall
- Condition
- Very Good
Property Details.
Calculators.
--
Location.
Area Demographics
Scranton City
76,033
Population
$50,893
Median Household Income
50%
Owner Occupied
2.32
Average Household Size
Housing Tenure
50% Owner Occupied50% Renter
ZIP 18510
14,332
Population
$52,457
Median Household Income
40%
Owner Occupied
2.21
Average Household Size
Housing Tenure
40% Owner Occupied60% Renter
Lackawanna County
216,146
Population
$66,704
Median Household Income
65%
Owner Occupied
2.35
Average Household Size
Housing Tenure
65% Owner Occupied35% Renter
Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).
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View PropertyMeet Our Agents.
Jonathan J. Nelson Real Estate
J. Nelson
K. Benninger
M. Nelson
A. Alba
S. Acerra
E. Kogoy
R. Ruggles
B. Williams
D. Joyce
T. Ranieli
B. Spencer
T. Renna
M. Reap
T. Slack
K. Bulford
E. Kowalczyk
L. Joyce
R. TurantJ. NelsonK. BenningerM. NelsonA. AlbaS. AcerraE. KogoyR. RugglesB. WilliamsD. JoyceT. RanieliB. SpencerT. RennaM. ReapT. SlackK. BulfordE. KowalczykL. JoyceR. Turant