538-540 River Street, Scranton, PA 18505

Scranton
Local realty services provided by:ERA Brady Associates
538-540 River Street,Scranton, PA 18505
$275,000
  • 5 Beds
  • 3 Baths
  • 1,900 sq. ft.
  • Multi-family
  • Pending
Listed by: kate daye
Office: revolve real estate
MLS#:SC264017
Source:PA_GSBR

Price summary

  • Price:$275,000
  • Price per sq. ft.:$144.74

About this home

Excellent investment opportunity in Scranton! This well-maintained duplex generates approximately 34,000 in annual gross rental income, with all utilities separately metered to help keep ownership expenses low. With strong in-place rents and an attractive 10-percent+ cap rate, this property offers immediate cash flow from day one.Both units feature newer heating systems, hot water heaters, and updated electrical, helping reduce near-term capital expenses. Long-term tenants are already in place, making this a turnkey opportunity for both experienced investors and those looking to expand their portfolio.A solid income-producing asset with strong returns and low-maintenance appeal. Don't miss this opportunity!

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Home facts

  • Year built:1920
  • Listing ID #:SC264017
  • Added:50 day(s) ago
  • Updated:October 04, 2026 at 08:13 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,900 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:1,900 sq. ft.
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$144.74
  • Tax amount:$3,941 (2025)

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