For Sale

Listed by Beth Gravener

Source: Greater Scranton Board of Realtors MLS #SC262587

1324 Linden St, Scranton, PA, 18510

$219,000

6
3
1800 sq. ft.
0.03 ac.

SingleFam

14 days on the market

What's around 1324 Linden St

About this property

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.

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