509-513 Beech Street, Scranton

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About This Property
Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential. 509 Beech Street features 6 residential apartments and 2 street-level commercial storefronts, currently occupied by a Grocery Store and a Barber Shop. 513 Beech Street includes 4 residential apartments. Three residential units are on month-to-month leases, offering flexibility for rent adjustments or tenant updates. The buildings boast semi-modern kitchens and baths, with finished square footage totaling nearly 8,000 sq ft. Tenants cover their own electric; landlord covers electric for common areas, including laundry and exterior lighting. Water and Sewer combined billing, paid by owner. On-site parking for 10 vehicles, plus ample on-street parking. Unit 11 has 2BR 1BA $800 M-T-M Unit 12 has 1BR 1 BA $800 These properties are ideal for investors looking for reliable cash flow with value-add potential through future renovations or lease restructuring.
This property has sold and is no longer on the market. It sold for $890,000 in January 2026. Contact us for other recent sales nearby. Listed by Abstract Realty Group.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multiple Buildings
- Condition
- Good
Interior
- Basement
- Concrete, Unfinished
- Interior Features
- Drywall, Paneling, Plaster
- Included
- 10 REFRIGERATORS, 10 STOVES, COIN OPERATED 1 WASH & 1 DRYER Appliances are AS-IS.
Systems
- Heating
- Natural Gas, Hot Water
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Brick
- Outdoor
- Porch
- Lot Dimensions
- 190X50
Location
- County
- Lackawanna County
- School District
- Scranton
- Zoning
- Commercial
Costs & Listing
- Annual Taxes
- $10,106
- Gross Income
- $137,700
- MLS #
- 25-3007
- Listed By
- Abstract Realty Group
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