Scope Commercial Real Estate Investment Services is pleased to exclusively present for sale The Scranton New Construction Duplex Portfolio, a collection of 14 newly-built units in 7 properties. The properties are located at 119 Prospect Avenue, 216 Harrison Avenue, 525 Harrison Avenue, 627 Prescott Avenue, 629 Prescott Avenue, 702 E. Elm Street, and 708 Harrison Avenue, all in Scranton, PA. Each property contains 2 units. All of the properties have secured 10-year tax abatements, and all the properties have fully separated utilities placing all utility charges on the tenants. The units have central air, stainless steel appliances, spray foam insulation, granite countertops, and plentiful off-street parking. The average rent per bed in the portfolio is approximately $1,698 per month, with potential for further rental increases. The portfolio grosses approximately $285,000 in annual rental income, with a low expense load of 13.6% due to tax abatements and efficiencies generated from new construction. The portfolio generates a net operating income of approximately $246,000. In the Scranton multifamily market, over the past year, multifamily rents have increased by 3.3%, reaching an average of $1,400 per month, indicating strong demand. The market has seen 13 units of net deliveries with no new construction currently underway, suggesting a balanced market with limited competition. Sales activity has been robust, with 16 transactions totaling approximately $7 million in volume, reflecting investor confidence. The vacancy rate stands at a manageable 5.4%, lower than the national average, indicating a tight rental market favorable for landlords and investors.