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Adriana Jez

adriana.jez@exprealty.com +1(347) 255-0907

Listed by Pat Rogan The Hub Real Estate Group Scranton

$ 349,995

Est. payment -/mo

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Active

501-503 Cedar AVE Scranton, PA 18505

7 Beds

3 Baths

4,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $77

MLS Listing ID GSBSC263409

Bedrooms 7

Full Baths 3

Total Fin. Sqft 4500

Year Built 1900

Annual Tax Amount $4,655

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 49x150xx56x150

Property Sub-Type Multi Family

Source scranton

Property Description

Excellent opportunity to own a 5-unit mixed-use property with low taxes and tremendous upside. The property currently features three occupied residential units with long-term tenants paying below-market rents, offering immediate income with plenty of room to increase cash flow.The two commercial storefronts are vacant, and the City of Scranton has approved their conversion into two additional residential units, giving the next owner the opportunity to create a fully residential 5-unit building and significantly increase rental income.Whether you're an experienced investor or looking to grow your portfolio, this property offers immediate cash flow, value-add potential, low carrying costs, and the opportunity to build long-term equity. Video of all units available upon request.

Location

State PA

County Lackawanna

Zoning CN

Direction 501-503 Cedar Avenue, Scranton, PA 18505

Rooms

Basement Unfinished

Interior

Fireplace No

Exterior

View Y/N Yes

Building

Story 3

Unit Features [{\"UnitTypeActualRent\":800,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"1\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1200.00\",\"UnitTypeKey\":\"GSB20260714181024870116000000Group_1\"},{\"UnitTypeActualRent\":800,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":2,\"GSB_UnitTypeUnitNumber\":\"2\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"800.00\",\"UnitTypeKey\":\"GSB20260714181024870116000000Group_2\"},{\"UnitTypeActualRent\":750,\"UnitTypeType\":\"Unit 3\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":2,\"GSB_UnitTypeUnitNumber\":\"3\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"800.00\",\"UnitTypeKey\":\"GSB20260714181024870116000000Group_3\"},{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 4\",\"UnitTypeBathsTotal\":0,\"UnitTypeBedsTotal\":0,\"GSB_UnitTypeUnitNumber\":\"Vacant Store\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"No\",\"GSB_UnitTypeSqFtTotal\":\"1000.00\",\"UnitTypeKey\":\"GSB20260714181024870116000000Group_4\"},{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 5\",\"UnitTypeBathsTotal\":0,\"UnitTypeBedsTotal\":0,\"GSB_UnitTypeUnitNumber\":\"Vacant Store\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"No\",\"GSB_UnitTypeSqFtTotal\":\"1000.00\",\"UnitTypeKey\":\"GSB20260714181024870116000000Group_5\"}]

New Construction No

Schools

School District Scranton

Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Agent License ID: RS358942

+1(347) 255-0907

Adriana Jez

501-503 Cedar AVE Scranton, PA 18505

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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501-503 Cedar AVE