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$285,000

Added 1 month ago

848 Capouse Ave, Scranton, PA

House

For Sale

Listed price in listed location currency (USD).
$285,000

Added 1 month ago

742600 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2600 sqft
Garage No
Taxes $4,257
Days Active 40
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $109
MLS® Number PALW2000606

Property Address: 848 Capouse Ave, Scranton, Pennsylvania

Average square foot calculated using Size range provided by listing agent.

Description

QUADRUPLEX! 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.
MLS® NumberPALW2000606
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1973
BasementFull
DrivewayOff Street, On Street
Garage Spaces
HeatBaseboard - Electric, Electric
A/CNone
Heating Fuel

Extras

848 Capouse Ave, Scranton, PA

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