Bought with NON MEMBER • NON MEMBER
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $111
MLS Listing ID GSBSC255757
Sold Date 12/09/25
Bedrooms 6
Full Baths 2
HOA Y/N false
Total Fin. Sqft 2688
Year Built 1935
Annual Tax Amount $3,104
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50X95
Property Sub-Type Multi Family
Source scranton
Property Description
Presenting an exceptional income-generating opportunity in the heart of West Scranton with this immaculately maintained side-by-side duplex. The property features two units, each offering 3 bedrooms and 1 full bathroom, making it perfect for investors or owner-occupants looking to build equity fast.Each unit has a spacious living room, formal dining room and eat-in kitchen. The ideal layout maximizes the square footage while maintaining an inviting, ''welcome home'' feeling that tenants will appreciate.Outside features both divided front and back porches - each with private steps down to the fully fenced shared yard. Both sides have not only interior basement access from kitchens, but also full walk-out doors to the yard, offering easy access to additional storage and workshop space. Bonus: the home's location puts residents within walking distance to many local amenities, schools, and transportation options. Unit 113, previously owner-occupied, has been partially updated with modern touches, while Unit 111 presents an opportunity for your personal improvements and sweat equity. This flexibility allows you to customize the investment to match your timeline and budget.Separated Gas, Electric & Water Utilities keeps the owner's overhead low to stretch profitability. With current market rents, the property already delivers an impressive 11 percent cap rate, which is a rare find in today's competitive investment market.If you're a seasoned investor seeking strong returns or a first-time buyer interested in offsetting your mortgage payment, this duplex offers the perfect blend of immediate income potential and long-term appreciation opportunities.
Location
State PA
County Lackawanna
Area 4164
Zoning Residential
Direction From Main Ave, take Washburn St for 3 blocks and turn right onto S Sumner Ave. House will be on the right. Driveway is on left side of the house, fits 2 cars deep.
Rooms
Basement Full, Walk-Out Access, Other, Storage Space, Interior Entry
Interior
Heating Natural Gas, Steam
Cooling Window Unit(s)
Flooring Carpet, Tile, Linoleum, Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Washer, Refrigerator, Gas Range, Dryer
Heat Source Natural Gas, Steam
Laundry In Basement
Exterior
Exterior Feature Lighting, Private Entrance, Rain Gutters, Private Yard
Parking Features Driveway, On Street, Paved
Utilities Available Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Phone Connected, Electricity Connected
View Y/N Yes
Roof Type Asphalt,Shingle
Present Use Vacant
Total Parking Spaces 2
Building
Lot Description Back Yard, City Lot
Story 2
Unit Features [{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"111\",\"GSB_UnitTypeOccupiedYN\":\"No\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1250.00\",\"UnitTypeDescription\":\"$1300 Est Mrkt Rent\",\"UnitTypeKey\":\"GSB20251104230709756084000000Group_1\"},{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"113\",\"GSB_UnitTypeOccupiedYN\":\"No\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1225.00\",\"UnitTypeDescription\":\"$1600 Est Mrkt Rent\",\"UnitTypeKey\":\"GSB20251104230709756084000000Group_2\"}]
Foundation Block, Stone
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
School District Scranton
Others
Acceptable Financing 1031 Exchange, VA Loan, Cash, FHA, Conventional
Listing Terms 1031 Exchange, VA Loan, Cash, FHA, Conventional
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© 2025 Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. All Rights Reserved.