438 Breck Street, Scranton PA, 18505

Active

438 Breck Street

Scranton PA, 18505

$242,000

$93.94 per sqft

Active

5 Beds

2 Baths

2,576 sqft

Multi-family

Built in 1920

This highly productive turn-key income property is a must-have for any investor, boasting a 10 percent cap rate with 24K+ in NET income annually. With all utilities separately metered, you maximize earning potential while minimizing liability.This duplex is fully rented to amazing long-term tenants on annual leases who would love to stay, providing effortless, steady income. The updated units have modern features, ensuring low maintenance and tenant satisfaction. Additionally, you'll see a large Detached 2-Car Garage which offers additional future rental income potential or valuable storage space. As a bonus, all tenants carry Rhino Insurance, protecting you against unpaid rent and damages--talk about peace of mind!Situated on a corner lot in South Scranton, close to shopping, schools, and public transportation. There is Rear Access from the Court - Convenient for tenants and added accessibility for the garage.Don't miss this turnkey multi-family investment in a growing rental market! Whether you're looking to expand your portfolio or secure passive income, 438 Breck St is a smart buy.

SC250437

MLSⓇ ID

February 1, 2025

Listed

March 5, 2025

Updated

Interior Features

Total Stories: 2
Bedrooms: 5
Total Bathrooms: 2
Full Bathrooms: 2
Laundry Description: Gas Dryer Hookup
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Natural Gas
Basement: Yes

Exterior/Building Features

Lot Size: 0.15 Acres
Roof: Asphalt
Sewer: Public Sewer
Patio And Porch: Deck, Porch

School Information

School District: Scranton

Other Property Details

Taxes: $2,842
Tax Frequency: Annually
Days on Market: 33
Garage: Yes
Garage Spaces: 2
Parking: Driveway, Off Street, Paved, Garage
View: No
County: Lackawanna
Water Source: Public
Zoning: R9

Listing History

Date	Event	Price
3/5/2025	Price change	$242,000 -2%
2/19/2025	Price change	$245,000 -2%

Listed by Kate Daye Ruane with Revolve Real Estate
Listing Contact:

The IDX display contains information sourced from the Greater Scranton Board of REALTORS® as of 3/5/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 3/5/2025 at 9:38 PM UTC