914 Madison Ave - Apartments FOR SALE


Scranton, PA 18510- Hill Section
$595,000 USD
610-217-6330
914 Madison Ave, Scranton, PA for Sale
$595,000 USD
Apartments - FOR SALE
1/40
null | 10.18% Cap Rate

914 Madison Ave
Scranton, PA 18510
Hill Section


HIGHLIGHTS

  • Fully occupied.
  • Separate utilities.
  • Cash flowing with rent increases

OVERVIEW

Fully occupied 6-unit investment property in Scranton offering immediate, stable cash flow. Tenants pay all utilities, with the exception of one unit where the landlord covers water, sewer, and trash. Features on-site coin-operated laundry for additional income. A low-maintenance, income-producing asset in a strong rental market with consistent rental demand.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,167

CAP RATE

10.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R03

APN/PARCEL ID

14662020017

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.