506 Broadway Street, Scranton
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About This Property
Investment opportunity in great location! 4 units plus 3 bay garage. Garages are all currently rented at $150/mo with great tenants. 1st fl unit is commercial space and vacant. Not updated and needs some love. AS IS.
This property has sold and is no longer on the market. This is an older sale on record (April 2023), not a recent one — values in this market have moved since. It sold for $172,000 in April 2023. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by eXp Realty Mountain Top.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Good
Interior
- Basement
- Dirt Floor
- Interior Features
- Drywall, Paneling
Systems
- Heating
- Natural Gas, Other
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Vinyl Siding
- Roof
- Composition
- Garage
- 3 Car Detached
- Lot Dimensions
- 30x150
Location
- County
- Lackawanna County
- School District
- Scranton
- Zoning
- Multi-Family
Costs & Listing
- Annual Taxes
- $3,342
- Gross Income
- $25,200
- Net Operating Income
- $15,353
- Cap Rate
- 9.03%
- MLS #
- 23-1197
- Listed By
- eXp Realty Mountain Top
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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