Prime Turnkey Investment Opportunity – 12-Unit Multifamily in Scranton, PA
A newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset. Strategically located in a desirable rental market, this property is already 50% occupied with strong leasing potential.
Each unit has been fully modernized, featuring brand-new appliances, granite countertops, and updated flooring, ensuring long-term tenant appeal. The building also includes on-site laundry facilities, individual mailboxes, and a secure entry system to enhance convenience and security.
With a 6.78% cap rate, this property offers:
Turnkey Condition – No immediate capital expenditures required
Strong Rental Demand – Positioned for full occupancy with competitive market rents
High-End Finishes – Granite countertops and modern appliances for durability and style
Tenant Amenities – Washer & dryer in the building, secure mailboxes, and updated common areas
Strategic Location – Close to major employers, universities, hospitals, and transit
This is an excellent opportunity to acquire a fully upgraded, income-generating asset with room for upside as occupancy increases. Contact us today for financials and to schedule a private tour!