401 N Irving Ave - Apartments FOR SALE


Scranton, PA 18510- Hill Section
$569,000 USD
570-815-1861
401 N Irving Ave, Scranton, PA for Sale
$569,000 USD
Apartments - FOR SALE
1/21
null | 7.73% Cap Rate

401 N Irving Ave
Scranton, PA 18510
Hill Section


OVERVIEW

Prime Investment Opportunity Discover this well-located four-unit investment property, just blocks from the University of Scranton, Geisinger Medical College, major hospitals, and popular shopping destinations. Perfect for both seasoned and first-time investors, this property offers significant income potential. Each unit features separate electric utilities, while the landlord currently covers heating & water costs—offering an opportunity to transition these expenses to tenants. The property just had 2 units updated with fresh paint, flooring and minor bath updates. Property also had new railings and fresh paint to the exterior done. Whether you're looking for a turn-key investment or a chance to boost income with upgrades and improvements, this property offers low overhead and high potential. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!

FOR SALE DETAILS

PRICE

$569,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

10

PRICE/UNIT

$56,900

CAP RATE

7.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,251 SF

ZONING

-

APN/PARCEL ID

15709020046

ASK ABOUT THIS PROPERTY

Charles HibbleHibble Harris Real EstateMore Info
570-815-1861

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Charles HibbleHibble Harris Real EstateMore Info
570-815-1861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.