Pending

Listed by Christine Ives Polizzi

Source: Greater Scranton Board of Realtors MLS #SC261999

North Everett Avenue Scranton PA 18504

$185,000

8
2
3710 sq. ft.
0.2 ac.

MultiFam

13 days on the market

About this property

Investor opportunity with strong income potential. 8 Beds/2baths This two-unit property is being offered as-is and presents a compelling value-add opportunity with projected cap rate potential exceeding 10 percent based on market rents.The property features separate electric and a functional layout. One unit is currently occupied, providing immediate income, while the second unit is vacant and easy to show--ideal for an investor looking to stabilize and increase cash flow.While being sold as-is, the property primarily requires cosmetic updates, offering the opportunity to improve rents and overall return without a major renovation.Current owner made 14,000 in upgrades including new electric and renovated bathroom on right side. Roof shingles installed- 2021.The occupied unit will be available for group showings. The vacant unit is available for individual showings.A solid opportunity for investors seeking a property with income in place and upside potential in a stable setting.

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