116 Franklin Avenue, Scranton, PA 18503

Local realty services provided by:ERA One Source Realty
116 Franklin Avenue,Scranton, PA 18503
$250,000
  • - Beds
  • 2 Baths
  • 4,044 sq. ft.
  • Multi-family
  • Active
Listed by:kyle savage
Office:christian saunders real estate
MLS#:SC250549
Source:PA_GSBR

Price summary

  • Price:$250,000
  • Price per sq. ft.:$61.82

About this home

Prime Downtown Scranton Investment Opportunity!Seize this rare opportunity to invest in the heart of Scranton's rapidly growing real estate market! This 4,000+ Sq Ft mixed-use building, ideally located just off Lackawanna Avenue, is surrounded by thriving businesses, popular restaurants, and ongoing revitalization efforts. With Scranton's increasing demand for commercial and residential spaces, this property presents high-income potential and endless possibilities. Adding to the area's appeal, Scranton is set to benefit from the highly anticipated high-speed rail service connecting the city to New York City. With federal approval granted in early 2025, this project will reestablish passenger rail service, offering three daily round trips. Trains will reach speeds of up to 110 mph, connecting Scranton to key hubs like Morristown, Newark, and New York Penn Station. This long-awaited transportation upgrade is expected to continue increasing property values, attract new businesses, and

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Home facts

  • Year built:1920
  • Listing Id #:SC250549
  • Added:186 day(s) ago
  • Updated:August 14, 2025 at 04:59 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:4,044 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:4,044 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$61.82
  • Tax amount:$7,675 (2024)