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Amo Realty
1201-1207 Mulberry Street, Scranton, PA 18510
- $5,300,000
- List Price
- $5,300,000
- Status
- ACTIVE
- Days on Market
- 127
- Price Change
- ▼ $200,000 1785443982
- MLS#
- PW262035
- Subtype
- Commercial Sale
- Year Built
- 2001
- Acres
- 0.07
Property Description
Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201-1203 Mulberry Street, a four-unit commercial building with six student housing units, 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, 410-412 N. Webster Avenue, and 414-416 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton. Website: https://scrantonstudenthousing.com/
Additional Information
- Taxes
- $89,112
- Heating
- Natural Gas, Oil
- Stories
- 3
- Levels
- Three Or More
- Roof
- Asphalt, Rubber
- Parking Features
- Parking Lot, Paved
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Courtesy of Iron Valley RE Innovate - Lords Valley
Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.