1214 Swetland Street, Scranton
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About This Property
This well maintained four unit property with separate utilities offers a great opportunity for investors looking for a strong return. This property features 3 spacious bedroom 1 bath units and 1 cozy one bedroom 1 bath unit in second building. Each unit has separate utilities making it easy to manage. The total rent for all units is $3,200 per month, providing a projected cap rate of over 10%
This property has sold and is no longer on the market. This is an older sale on record (March 2023), not a recent one — values in this market have moved since. It sold for $230,000 in March 2023. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by ERA One Source Realty.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Duplex
- Style
- Double (Side x Side)
- Condition
- Good
Interior
- Basement
- Full Unfinished
- Interior Features
- Other - See Remarks
Systems
- Heating
- Natural Gas, Baseboard
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Stucco, Vinyl Siding
- Roof
- Composition, See Remarks
- Lot Dimensions
- 0.11
Location
- County
- Lackawanna County
- School District
- Scranton
- Zoning
- Residential
Costs & Listing
- Annual Taxes
- $3,540
- Gross Income
- $38,400
- Net Operating Income
- $33,040
- Cap Rate
- 12.76%
- MLS #
- 23-556
- Listed By
- ERA One Source Realty
What Is Your Scranton Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Scranton and give you a real number — not an automated estimate.
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