1201-1207 Mulberry ST, Scranton, PA 18510
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1201-1207 Mulberry ST, Scranton, PA 18510
1201-1207 Mulberry ST, Scranton, PA 18510
1201-1207 Mulberry ST, Scranton, PA 18510
1201-1207 Mulberry ST, Scranton, PA 18510
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Listed by Bridget Gelderman PIKE/WAYNE ASSOCIATION
$ 5,500,000
Est. payment /mo
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1201-1207 Mulberry ST Scranton, PA 18510

17,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $323

MLS Listing ID GSBSC262984

Total Fin. Sqft 17000

Year Built 2001

Annual Tax Amount $89,112

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 42 x 61 x 50 x 64

Property Sub-Type Mixed Use

Source scranton

Property Description

Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201 Mulberry Street, a four-unit commercial building with six student housing units, 418 N. Webster Avenue, 1205 Mulberry Street, 406 N. Webster Avenue, 410 N. Webster Avenue, and 414 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton.

Location

State PA

County Lackawanna

Area 17000

Zoning C2

Direction I-84 to Scranton. Take exit I84 from I-81 S 26 min (28.6 mi). Continue on PA-307 N/Moosic St. Take Harrison Avenue to Mulberry St.

Interior

Heating Natural Gas, Oil

Fireplace No

Heat Source Natural Gas, Oil

Exterior

Parking Features Parking Lot, Paved

View Y/N Yes

Roof Type Asphalt,Rubber

Present Use Commercial,Multi-Family

Street Surface Paved

Building

Lot Description City Lot, Corner Lot

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Scranton

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Adriana Jez

Agent | License ID: RS358942

+1(347) 255-0907

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1201-1207 Mulberry ST