SoldMay 9, 2025

Listed by Leah Gianacopoulos from ERA One Source Realty

Bought with Mary Theresa Backus from ERA One Source Realty

Source: Greater Scranton Board of Realtors MLS #SC251062

501 Cedar Avenue, Scranton, PA, 18505

$450,000

10
8
5600 sq. ft.
0.17 ac.

MultiFam

•

5 days on the market

Sold: May 9, 2025

What's around 501 Cedar Avenue

About this property

This multi-unit property consists of two buildings featuring seven residential apartments and one commercial storefront, offering a strong investment opportunity with separate electric for each unit. The property is fully occupied with long-term tenants, all on month-to-month leases, providing flexibility for future plans.With high rental demand and plenty of potential, this property is a great opportunity for investors looking to add value. While the buildings do require some TLC, they offer an excellent foundation for growth. Conveniently located in a desirable area, this property presents a steady income stream with room for improvements to maximize returns.Don't miss out on this versatile investment--schedule a showing today!

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