Sold
Closed
2026 2028 Margaret Avenue
Scranton PA, 18508
$255,500
$113.15 per sqft
Sold
Closed
6 Beds
2 Baths
2,258 sqft
Multi-family
Built in 1925
Prime Investment Opportunity - Turnkey Two-Unit Property This fully turnkey, two-unit investment property offers an outstanding opportunity for investors seeking steady cash flow and immediate returns. With a remarkable 10.8 cap rate, this property is ideal for building or expanding your real estate portfolio.Property Highlights: Unit 1: Currently occupied by reliable tenants, providing consistent rental income. Unit 2: Vacant and ready for occupancy, allowing flexibility for an owner-occupant or quick leasing. Utilities: Completely split for both units, minimizing landlord responsibilities and simplifying management. Turnkey Condition: Both units are well-maintained and require no immediate updates, ensuring a hassle-free investment.Upgrades: New Paint, New Carpet, New appliances in left side including: Refrigerator, Stove and Dishwasher. Baker WaterProofed Basement (warranty is transferable) New Gutters, Electric upgrades and New Chimney liner. Whether you're looking to live in one unit while earning rental income from the other or seeking a fully income-generating property, this versatile investment delivers exceptional value. With strong rental demand and great cash flow potential, this property won't stay on the market long!Contact us today to schedule a showing and secure your next investment.
SC250382
MLSⓇ ID
January 29, 2025
Listed
March 6, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Appliances
Dishwasher, Refrigerator, Other, Electric Oven
Laundry Description
Electric Dryer Hookup, Washer Hookup
Fireplace
No
Cooling
No
Heating
No
Basement
Yes
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Private Yard
Architectural Style
Duplex Side by Side
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
Scranton
Other Property Details
Taxes
$3,696
Tax Frequency
Annually
Days on Market
8
Garage
Yes
Garage Spaces
2
Parking
Garage, Off Street, On Street
Parking Total
5
View
No
County
Lackawanna
Water Source
Public
Pool Features
None
Utilities
Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Zoning
R1
Listing History
Date | Event | Price |
---|---|---|
3/6/2025 | Sold | $255,500 |
2/5/2025 | Pending | — |
Listed by Christine Ives Polizzi with EXP Realty LLC
Listing Contact:
The IDX display contains information sourced from the Greater Scranton Board of REALTORS® as of 3/6/2025. 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.
©2025 Greater Scranton Board of REALTORS® all rights reserved.
Data last updated on 3/6/2025 at 2:08 AM UTC