+49 more
$924,000
829 Monroe Avenue, Scranton, PA 18510
5,376
sqft
Description
Located in the Hill section of scranton this victorian style 7 unit, 9.5 CAP, multi family building is within walking distance to hospitals and colleges. It has been completely renovated down to the studs along with utility upgrades, plumbing etc then finished with granite counters and tiled baths in each apartment. Additionally this cash flowing investment features completely separated utilities.
Supplements: 6 of the units are rented and the last is currently on the market. while used for long term rentals today, Its close proximity to colleges and large hospitals beg the question if this property could have an enhanced ROI by focusing on short term/furnished rentals. Regardless of your investment strategy, all the hard work has already been done. Text or call 516-673-5685 for more information today!
More Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5376
Est Age Range: 100 Plus Yrs
Lot Size: 40x110
Parking: On-Street
Current Price: $924,000
List Price: $924,000
List Date: 2026-03-14
House # (1): 829
Street Name: Monroe
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
MLS Area: Misc Out of County
School District: Scranton
Municipality: Scranton City
Develop/Subdivision: None
Directions: Start on Monroe Avenue near the University of Scranton campus.Head south on Monroe Ave.
Continue straight for several blocks. pass gibson st property on left
Status: Active
Annual Gross Income: 99000
Annual Electric Exp: 900
Annual Real Est Tax: 5545
Annual Fire/Liabilty: 2342
Total Annl Expenses: 8787
Anl Net Inc b/4 Debt: 90213
# Ranges: 7
# Refrigerators: 7
Unit #: 1
Approx SF: 900
# Rooms: 6
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 2
Approx SF: 750
# Rooms: 5
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 3
Approx SF: 690
# Rooms: 6
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 4
Approx SF: 690
# Rooms: 5
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 5
Approx SF: 670
# Rooms: 5
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 6
Approx SF: 670
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 7
Approx SF: 670
# Rooms: 4
Monthly Rent: 1050
# Bedrooms: 1
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: None
Condition: Excellent
Exterior: Asbestos
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Concrete Floor; Full Unfinished
