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1513-1515 Vine St
Scranton, PA 18510
Multifamily Property For Sale
·
12 Units
Executive Summary
Turnkey 12-unit investment property fully renovated from the roof down. This well-maintained building features extensive renovations throughout, including brand new granite countertops, soft-close cabinetry, updated finishes, and modern improvements in every unit. The property offers an excellent mix of unit sizes, for attracting tenants.
Ideally located just minutes from University of Scranton, the Scranton Medical District, and Nay Aug Park, the property benefits from consistent rental demand driven by students, medical professionals, and local employers.
In addition to the fully updated building, the sale includes the adjacent lot, providing valuable future development potential. Whether you choose to expand, build additional units, or hold for appreciation, this added parcel enhances both flexibility and long-term upside.
Ideally located just minutes from University of Scranton, the Scranton Medical District, and Nay Aug Park, the property benefits from consistent rental demand driven by students, medical professionals, and local employers.
In addition to the fully updated building, the sale includes the adjacent lot, providing valuable future development potential. Whether you choose to expand, build additional units, or hold for appreciation, this added parcel enhances both flexibility and long-term upside.
Property Facts
| Price Per Unit | $166,666 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 9,080 SF |
| No. Units | 12 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1960/2024 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-1A - Residential | ||
| Price Per Unit | $166,666 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,080 SF |
| Average Occupancy | 91% |
| No. Stories | 4 |
| Year Built/Renovated | 1960/2024 |
| Opportunity Zone |
Yes |
| Zoning | R-1A - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Bay Window
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Basement
- Dining Room
- Handrails
- Linen Closet
- Porch
- Recreation Room
- Vinyl Flooring
- Large Bedrooms
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Individual Locking Bedrooms
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | 625 - 800 |
| 3+1 | 2 | - | 1,295 |
Property Taxes
| Parcel Number | 15710020017 | Improvements Assessment | $16,200 |
| Land Assessment | $6,800 | Total Assessment | $23,000 |
Property Taxes
Parcel Number
15710020017
Land Assessment
$6,800
Improvements Assessment
$16,200
Total Assessment
$23,000
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