340 342 Railroad Avenue, Scranton, PA 18505

Scranton
Local realty services provided by:ERA One Source Realty
340 342 Railroad Avenue,Scranton, PA 18505
$269,000
  • 10 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: pat rogan
Office: the hub real estate group scranton
MLS#:SC255038
Source:PA_GSBR

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Price summary

  • Price:$269,000

About this home

This is not your average multi-family. This massive duplex offers more square footage and flexibility than most properties on the market, with all separate utilities, a brand-new roof, and the added benefit of extremely low taxes--a true investor's dream.Unit 1: A huge 5-6 bedroom residence with a semi-finished attic that can easily be converted into even more living space. With its size and versatility, this unit can be laid out a variety of ways--ideal for large households or maximizing rental income.Unit 2: Another large 3-4 bedroom unit with an unfinished attic that presents additional upside for expansion or future value-add improvements.At market rents, this oversized property generates returns in excess of a 10 percent cap rate, and when paired with the extremely low taxes, the cash flow potential is hard to beat.Whether you're looking for a cash-flow powerhouse or a property with room to grow, this duplex delivers unmatched scale, efficiency, and profitability.

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Home facts

  • Year built:1930
  • Listing ID #:SC255038
  • Added:154 day(s) ago
  • Updated:March 01, 2026 at 12:48 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished

Structure and exterior

  • Year built:1930

Finances and disclosures

  • Price:$269,000
  • Tax amount:$2,559 (2025)

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