440 Madison Ave | Scranton, PA 18510
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- LoopNet Team
440 Madison Ave
Scranton, PA 18510
Student Housing /34 Beds / 7 Units / 1 Bldg · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Surrounded by student housing, Walkable to campus and downtown Scranton
- Market rents range up to $750,/bed monthly, with an average range approximately $500.-$600./bed monthly rent
- Value add by increasing rents and renovating additional units
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 13,728 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1945/2024 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Zoning | R-2 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 13,728 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1945/2024 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | R-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+1 | 6 | - | 1,750 |
| 4+1 | 1 | - | 1,500 |
PROPERTY TAXES
| Parcel Number | 15721010014 | Improvements Assessment | $23,500 |
| Land Assessment | $12,500 | Total Assessment | $36,000 |
PROPERTY TAXES
Parcel Number
15721010014
Land Assessment
$12,500
Improvements Assessment
$23,500
Total Assessment
$36,000
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