1324 Linden St

Scranton PA 18510

1800 sq. ft.

0.03 ac.

Single-Family

Currently for sale - view listing

Overview

Outstanding Investment Opportunity Near University of Scranton!!!Positioned just a five-minute walk to the University of Scranton campus and directly across from the junior/senior Elizabeth Ann Seton student housing, this three-level, six-bedroom, three full bath property offers exceptional income potential in a highly desirable student housing rental location.This property has a proven track record of strong student rental performance and is currently leased to a telecommunications company on a one-year lease extending through April 2027, generating 2,500 per month with tenants responsible for all utilities. Producing over $25,000 in net annual income, this asset delivers an impressive 11.6p percent cap rate.Recent capital improvements include a roof repair and professional coating with APOC 243 in October 2025, providing an extended lifespan expected to last approximately ten years--offering peace of mind and reduced near-term maintenance costs.With consistent demand driven by its prime location and strong returns already in place, this is a turnkey, income-producing property that presents a compelling opportunity for both seasoned and new investors.

Features

6 bedrooms

3 bathrooms

1800 sq. ft. floor area

0.03 ac. lot size

Single-Family

Property history for 1324 Linden St

2023

Sold

$181,560

24 Feb 2023 by Kate Daye Ruane, of ERA One Source Realty

2022

Rented

Undisclosed

06 Jun 2022 by ERA One Source Realty

2021

Rented

Undisclosed

07 Sep 2021 by ERA One Source Realty

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