848 Capouse Ave, SCRANTON, PA 18509
Local realty services provided by:ERA Central Realty Group



848 Capouse Ave,SCRANTON, PA 18509
$265,000
- 8 Beds
- - Baths
- 2,600 sq. ft.
- Multi-family
- Pending
Listed by:quinn fenwick
Office:ramos realty
MLS#:PALW2000590
Source:BRIGHTMLS
Price summary
- Price:$265,000
- Price per sq. ft.:$101.92
About this home
PRICE IMPROVEMENT! CALLING ALL INVESTORS – Fully Rented 4-Unit with Under Market Rents and Major Upside!
Turnkey Income + Future Growth!
Welcome to a rare 4-unit investment opportunity in Scranton’s highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value.
Current gross rental income: $38,100/year
Projected market rent: $46,800/year
Potential cap rate boost from 11.5% to 14.6%!
Low expenses and tenant-paid utilities
Minutes from Downtown Scranton, shopping, parks, and highways
Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
Contact an agent
Home facts
- Year built:1973
- Listing Id #:PALW2000590
- Added:110 day(s) ago
- Updated:August 15, 2025 at 07:21 AM
Rooms and interior
- Bedrooms:8
- Living area:2,600 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1973
- Building area:2,600 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:SCRANTON
- Middle school:WEST SCRANTON
- Elementary school:PRESCOTT
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$265,000
- Price per sq. ft.:$101.92
- Tax amount:$4,257 (2025)
New listings near 848 Capouse Ave
- New$615,000Active4 beds 5 baths4,363 sq. ft.
310 Dale Avenue, Scranton, PA 18504
MLS# SC254084Listed by: CHRISTIAN SAUNDERS REAL ESTATE - New$704,900Active6 beds 4 baths4,300 sq. ft.
28 Ridgeview Drive, Scranton, PA 18504
MLS# SC254067Listed by: LUXE HOMES REAL ESTATE LLC - Open Sat, 1 to 3pmNewListed by ERA$239,000Active3 beds 3 baths2,016 sq. ft.
1314 W Locust Street, Scranton, PA 18504
MLS# SC254049Listed by: ERA ONE SOURCE REALTY - Open Sun, 1 to 3:30pmNew$215,000Active3 beds 2 baths1,739 sq. ft.
1401 Return Avenue, Scranton, PA 18508
MLS# SC254054Listed by: KELLER WILLIAMS RE STROUDSBURG - New$29,000Active0 Acres
1909 Prospect Avenue, Scranton, PA 18505
MLS# SC254055Listed by: DWELL REAL ESTATE - DUNMORE BRANCH OFFICE - New$249,900Active4 beds 2 baths2,020 sq. ft.
1809 Academy Street, Scranton, PA 18504
MLS# PM-134785Listed by: VRA REALTY - New$345,000Active6 beds 3 baths2,500 sq. ft.
722 Electric Street, Scranton, PA 18509
MLS# SC254036Listed by: LUXE HOMES REAL ESTATE LLC - New$239,000Active3 beds 2 baths1,248 sq. ft.
2311 Brown Avenue, Scranton, PA 18509
MLS# SC254020Listed by: BERKSHIRE HATHAWAY HOME SERVICES PREFERRED PROPERTIES - New$249,900Active3 beds 1 baths1,795 sq. ft.
627 Gibbons Street, Scranton, PA 18505
MLS# SC253966Listed by: CHRISTIAN SAUNDERS REAL ESTATE - $279,000Pending8 beds 3 baths2,880 sq. ft.
305 Harrison Avenue, Scranton, PA 18510
MLS# SC254016Listed by: RE/MAX WAYNE