Multi-Family $ 365,000

518 Prospect AVE

Scranton, PA 18505

  • 6 Beds
  • 3 Baths
    Full Baths: 3
  • 4,080 SqFt
  • 5,662 Lot Size
  • 1940 Year Built
Excellent investment opportunity in Scranton featuring a well-maintained 3-unit property with strong income potential. Unit 1 offers 3 bedrooms and 1 full bathroom and truly feels more like a home than an apartment. The unit features an updated kitchen with granite countertops and quality cabinetry, along with a bathroom that includes a whirlpool tub and separate shower. It also offers access to a private and spacious backyard that could easily be transformed into a beautiful garden or relaxing outdoor space. This unit will be vacant at closing, making it perfect for an owner-occupant or new tenant. Unit 2 features a comfortable 2 bedroom, 1 bath layout, while Unit 3 offers 1 bedroom, 1 bathroom, new flooring throughout, and a large walk-in closet. Major updates include a newer roof installed in 2021 and one furnace replaced in 2021, helping reduce future maintenance concerns. All tenants are currently on month-to-month leases.Conveniently located near shopping, restaurants, and major highways, this property is a great opportunity for investors or anyone looking to live in one unit while generating rental income from the others.
Listed by The Adriana Jez Team of EXP Realty LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 4, 080 sqft

    Price per Sqft $89

    MLS Listing ID GSBSC262204

    Style Traditional

    Bedrooms 6

    Full Baths 3

    Total Fin. Sqft 4080

    Year Built 1940

    Annual Tax Amount $5,305

    Tax Year 2025

    Lot Size 5,662 Sqft

    Acres 0.13

    Lot Dimensions 40X140

    Property Sub-Type Triplex

    Source scranton

  • Location

    State PA

    County Lackawanna

    Zoning R

    Direction From Moosic St turn onto Prospect Ave. House will be on the right.

  • Rooms

    Basement Concrete

  • Building

    Story 3

    Unit Features [{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"1\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1728.00\",\"UnitTypeKey\":\"GSB20260515022823566771000000Group_1\"},{\"UnitTypeActualRent\":950,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":2,\"GSB_UnitTypeUnitNumber\":\"2\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSecurityDeposit\":\"950.00\",\"GSB_UnitTypeSqFtTotal\":\"1560.00\",\"UnitTypeKey\":\"GSB20260515022823566771000000Group_2\"},{\"UnitTypeActualRent\":950,\"UnitTypeType\":\"Unit 3\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":1,\"GSB_UnitTypeUnitNumber\":\"3\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSecurityDeposit\":\"950.00\",\"GSB_UnitTypeSqFtTotal\":\"800.00\",\"UnitTypeKey\":\"GSB20260515022823566771000000Group_3\"}]

    Architectural Style Traditional

    New Construction No

  • Interior

    Fireplace No

    Appliance Gas Range, Washer/Dryer, Refrigerator

  • Exterior

    View Y/N Yes

  • Schools

    School District Scranton

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CONTACT

Adriana Jez

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