622-624 S Main Avenue, Scranton, PA 18504

Scranton
Local realty services provided by:ERA One Source Realty
622-624 S Main Avenue,Scranton, PA 18504
$320,000
  • 8 Beds
  • 8 Baths
  • 2,325 sq. ft.
  • Multi-family
  • Active
Listed by: alyssa mackiw
Office: exp realty llc.
MLS#:SC262750
Source:PA_GSBR

Price summary

  • Price:$320,000
  • Price per sq. ft.:$137.63

About this home

Turn-Key Cash-Flowing Triplex with Major Capital Improvements & Rental Upside. Rare opportunity to acquire a fully occupied three-unit investment property featuring a desirable unit mix of one 4-bedroom apartment and two 2-bedroom apartments. Currently generating approximately $42,000 in annual gross income, with potential for future rent increases and improved returns.Unlike many investment properties requiring significant capital expenditures, this property has already undergone extensive improvements, including 3 brand-new furnaces, 3 new hot water heaters, 3 new electrical panels, updated plumbing, and luxury vinyl plank flooring. These major upgrades help minimize future maintenance costs while maximizing long-term cash flow.Ownership benefits include separate gas and electric utilities, helping keep operating expenses low. Additional features include a detached garage, off-street parking, and a fully fenced yard--valuable amenities that continue to attract and retain...

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Home facts

  • Year built:1901
  • Listing ID #:SC262750
  • Added:1 day(s) ago
  • Updated:June 12, 2026 at 06:05 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,325 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1901
  • Building area:2,325 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$137.63
  • Tax amount:$5,394 (2026)

Parking

  • Parking description:Driveway, Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:1

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