623 Court Street, Scranton, PA 18508

Local realty services provided by:ERA Brady Associates
623 Court Street,Scranton, PA 18508
$190,000
  • 4 Beds
  • 2 Baths
  • 1,794 sq. ft.
  • Multi-family
  • Pending
Listed by:jake howells
Office:revolve real estate
MLS#:SC252193
Source:PA_GSBR

Price summary

  • Price:$190,000
  • Price per sq. ft.:$105.91

About this home

This spacious 4-bedroom, 2-bath property spans over 1,795 sq ft and is already set up for easy conversion into a duplex--each unit with its own entrance, electric, and gas. All that's left is to block off a couple of interior doors. Water is currently shared, keeping utility costs simple.The upstairs unit boasts 860 sq ft, 2 beds, 1 bath, and a balcony. The downstairs offers 935 sq ft with 2 beds, 1 bath, and generous living space. With mostly cosmetic updates needed, this is a high-upside, low-barrier value-add opportunity.Once renovated, each unit is projected to rent for 1,100/month, bringing in 2,200/month gross or 26,400 annually. At list price, that puts your cap rate at approximately 10.8 percent -- before even factoring in appreciation or further improvements.Whether you're looking to house hack or build your rental portfolio, this property checks all the boxes: location, layout, and income potential.

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Home facts

  • Year built:1930
  • Listing Id #:SC252193
  • Added:97 day(s) ago
  • Updated:July 31, 2025 at 07:59 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,794 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1930
  • Building area:1,794 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$190,000
  • Price per sq. ft.:$105.91
  • Tax amount:$3,549 (2024)