Classic Properties is pleased to present The Susquehanna Collection, a fully renovated, high-performing mixed-use portfolio in the heart of Downtown Pittston, PA. Completed in 2023, the four architecturally distinctive buildings total 16 units (9 residential | 7 commercial) and are 100 % leased.
Residential – Nine thoughtfully designed 1- and 2-bedroom apartments featuring modern finishes, new building systems, and open-concept layouts that resonate with today’s urban renter.
Commercial – Seven street-level suites occupied by an eclectic roster of professional services, boutique retail, wellness, and lifestyle tenants—creating a synergistic, experience-driven streetscape.
The Collection sits on North Main Street, benefitting from exceptional walkability between Scranton and Wilkes-Barre, revitalized streetscapes, abundant public art, and year-round events such as the Pittston Tomato Festival. Easy access to I-81, I-476, and robust public transit strengthens both resident and visitor demand.
A comprehensive 2023 gut-to-studs renovation delivered brand-new mechanicals, infrastructure, and interiors, substantially reducing near-term CapEx. With an in-place NOI of ~$255K and an 8.51 % cap rate, the Susquehanna Collection offers immediate, durable income with long-term appreciation potential in one of Northeast Pennsylvania’s most promising urban corridors.