501-503 Cedar Avenue, Scranton, PA 18505

Scranton
Local realty services provided by:ERA Brady Associates
501-503 Cedar Avenue,Scranton, PA 18505
$349,995
  • 7 Beds
  • 3 Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active
Listed by: pat rogan
Office: the hub real estate group scranton
MLS#:SC263409
Source:PA_GSBR

Price summary

  • Price:$349,995
  • Price per sq. ft.:$77.78

About this home

Excellent opportunity to own a 5-unit mixed-use property with low taxes and tremendous upside. The property currently features three occupied residential units with long-term tenants paying below-market rents, offering immediate income with plenty of room to increase cash flow.The two commercial storefronts are vacant, and the City of Scranton has approved their conversion into two additional residential units, giving the next owner the opportunity to create a fully residential 5-unit building and significantly increase rental income.Whether you're an experienced investor or looking to grow your portfolio, this property offers immediate cash flow, value-add potential, low carrying costs, and the opportunity to build long-term equity. Video of all units available upon request.

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Home facts

  • Year built:1900
  • Listing ID #:SC263409
  • Added:53 day(s) ago
  • Updated:September 06, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:4,500 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:4,500 sq. ft.
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$349,995
  • Price per sq. ft.:$77.78
  • Tax amount:$4,655 (2026)

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