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

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