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914 Madison Ave
Scranton, PA 18510
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Fully occupied.
- Cash flowing with rent increases
- Separate utilities.
Executive Summary
Fully occupied 6-unit investment property in Scranton offering immediate, stable cash flow. Tenants pay all utilities, with the exception of one unit where the landlord covers water, sewer, and trash. Features on-site coin-operated laundry for additional income. A low-maintenance, income-producing asset in a strong rental market with consistent rental demand.
Property Facts
| Price Per Unit | $99,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 10.18% | Building Size | 6,696 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2025 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R03 | ||
| Price Per Unit | $99,167 |
| Sale Type | Investment |
| Cap Rate | 10.18% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,696 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2025 |
| Opportunity Zone |
Yes |
| Zoning | R03 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 14662020017 | Improvements Assessment | $206,280 |
| Land Assessment | $38,280 | Total Assessment | $244,560 |
Property Taxes
Parcel Number
14662020017
Land Assessment
$38,280
Improvements Assessment
$206,280
Total Assessment
$244,560
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