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 Scrantons 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/yearProjected market rent: $46,800/yearPotential cap rate boost from 11.5% to 14.6%!Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highwaysEnjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
-
7BEDS
-
0.14ACRES
-
4BATHS
-
01/2 BATHS
-
2,600SQFT
-
$110$/SQFT
School Information
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 Scrantons 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/yearProjected market rent: $46,800/yearPotential cap rate boost from 11.5% to 14.6%!Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highwaysEnjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-05-23T23:56:19.107.