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)
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