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1308 Oram Street

Scranton PA 18504

8
4
3996 sq. ft.
0.16 ac.
Multi-Family
Currently for sale - view listing

Overview

Investment Opportunity! Don't miss this well-maintained three-unit property located in one of West Scranton's most desirable neighborhoods. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers outstanding potential.Two units are currently occupied, providing immediate income, while the third unit is vacant and ready for its next tenant or owner-occupant. The vacant unit offers an estimated market rent of approximately $1,300 per month, creating an excellent opportunity to increase cash flow.Each apartment features separate utilities, including natural gas heat, making management simple and expenses more predictable. The property showcases beautiful natural hardwood floors, with several units recently painted and thoughtfully updated. Pride of ownership is evident throughout, as the home has been exceptionally well maintained.Outside, you'll find a welcoming covered front porch, a nice corner lot, and a prime location close to shopping, restaurants, schools, and major roadways. Large units, strong rental potential, and solid condition make this a fantastic opportunity for both seasoned investors and those just entering the investment market.

Features

8 bedrooms
4 bathrooms
3996 sq. ft. floor area
0.16 ac. lot size
Multi-Family

Property history for 1308 Oram Street

2023
Rented
Undisclosed
20 Jul 2023 by ERA One Source Realty
2022
Sold
$280,000
01 Dec 2022 by Ann L Green, of CORCORAN DWELLINGS REALTY
2020
Rented
Undisclosed
01 Jul 2020 by Dwell Real Estate

Happy sellers in Scranton

92%
92% of sellers in Scranton reported that their sale price either exceeded or met their price expectations.

Scranton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Scranton over the last 12 months.

Local market activity for 8 bedroom multi families in Scranton

In the last 12 months, 5 eight-bedroom multi families similar to 1308 Oram Street, have been sold.

This represents a 17% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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