538-540 River ST, Scranton, PA 18505
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538-540 River ST, Scranton, PA 18505
538-540 River ST, Scranton, PA 18505
538-540 River ST, Scranton, PA 18505
538-540 River ST, Scranton, PA 18505
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Listed by Kate Daye Revolve Real Estate
$ 275,000
Est. payment /mo
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Pending

538-540 River ST Scranton, PA 18505

5 Beds

3 Baths

1,900 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $144

MLS Listing ID GSBSC264017

Bedrooms 5

Full Baths 2

Half Baths 1

Total Fin. Sqft 1900

Year Built 1920

Annual Tax Amount $3,941

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 85X45

Property Sub-Type Multi Family

Source scranton

Property Description

Excellent investment opportunity in Scranton! This well-maintained duplex generates approximately 34,000 in annual gross rental income, with all utilities separately metered to help keep ownership expenses low. With strong in-place rents and an attractive 10-percent+ cap rate, this property offers immediate cash flow from day one.Both units feature newer heating systems, hot water heaters, and updated electrical, helping reduce near-term capital expenses. Long-term tenants are already in place, making this a turnkey opportunity for both experienced investors and those looking to expand their portfolio.A solid income-producing asset with strong returns and low-maintenance appeal. Don't miss this opportunity!

Location

State PA

County Lackawanna

Zoning R

Direction Type 538 S River Street Scranton into G00gle or Apple app.

Rooms

Basement Unfinished

Interior

Fireplace No

Exterior

View Y/N Yes

Garage No

Building

Story 2

Unit Features [{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":2,\"GSB_UnitTypeUnitNumber\":\"538\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"800.00\",\"UnitTypeDescription\":\"Market Est 1300\",\"UnitTypeKey\":\"GSB20260814233325425491000000Group_1\"},{\"UnitTypeActualRent\":1525,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":2,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"540\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1150.00\",\"UnitTypeKey\":\"GSB20260814233325425491000000Group_2\"}]

New Construction No

Schools

School District Scranton


Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Adriana Jez

Agent License ID: RS358942

+1(347) 255-0907

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538-540 River ST