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510 Quincy Avenue Scranton, PA $ 599,000
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$ 599,000 Get more info
510 Quincy Avenue
$ 599,000
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510 Quincy Avenue

Scranton, PA, 18510
$ 599,000
Bedrooms6 Baths6.6 Sq 3,900

Monthly Estimate*

$ 4,184

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Multi-Family Home for sale in Scranton, PA

for $599,000 with 6 bedrooms and 6 full baths, 6 half baths. This 3,900 square foot home was built in 1950 on a lot size of 0.08.

Welcome to a prime investment opportunity in the heart of downtown Scranton! This meticulously maintained property boasts six separate one-bedroom, one-bathroom apartments, each equipped with its own electric. All six units are currently occupied, providing immediate cash flow for investors. With a history of strong rental demand, vacancies are rare, ensuring consistent income potential. The property has been maintained, ensuring tenants enjoy a comfortable living experience while minimizing maintenance costs for the owner. With all units currently rented, this property offers immediate and stable rental income. Investors can benefit from the ongoing demand for quality rental housing in downtown Scranton.Offering potential capital appreciation for investors. For investors looking to expand their portfolio, this property presents an opportunity to acquire multiple units in a single transaction, streamlining the investment process and diversifying risk.

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Multi-Family Active

Price

$ 599,000

Bedrooms

6

Full Bath

6

Half Bath

6

Property Type

Multi-Family

Taxes

$ 5,976

Style

Traditional

Lot Size

0.08

Year Built

1950

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

SC2333
Features
General
Sewer Public Sewer
Heating Natural Gas Steam
Cooling None
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Available
Roof Composition
Appliances None Other
Zoning RT
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Construction Materials Asbestos
Year Built 1950
Electric Circuit Breakers
Tenant Pays Cable TV Electricity
Stories 2
Levels Two
Property SubType Multi Family
Tax Year 2024
Current Use Residential
Gross Income 72000
County Lackawanna
Insurance Expense 2000
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Garage Y/N N
Status Active
Directions Mulberry Street left on Quincy home on right
City Scranton
Buyer Agent Compensation 2.00
Senior Community Y/N N
High School District Scranton
Zoning Description Multi-Family
Open Parking Spaces 0
Total Units 6
Street Name Quincy
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5976.85
Electric Expense 1000
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 0
Structure Type Multi Family
Standard Status Active
Year Built Source Estimated
Tax Assessed Value 19000
Buyer Agent Compensation Type %
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Interior
Basement Full
Flooring Hardwood Tile Linoleum
Furnished Y/N Unfurnished
Fireplace Features None
Furnished Units None
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 3900
Full Baths 6
Half Baths 6
Street Suffix Avenue
Laundry Features Lower Level
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 6
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Exterior
Fencing None
Parking Features On Street
Lot Features Rectangular Lot
Water Source Public
Foundation Details Combination
Number of Buildings 1
Spa N
Lot Dimensions 40x89
Lot Size Acres 0.08
Road Surface Type Asphalt
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Era One Source Realty

Broker

sunitaarora11@gmail.com

Email

Affordability Calculator

$4,682
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,184
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2391763 Elementary School
2391680 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$599,000 Listed Price

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510 Quincy Avenue, Scranton, PA, 18510 is a Multi-Family Home for sale at $599,000 with 3,900 sqft and a lot size of 0.08. 510 Quincy Avenue has 6 bedrooms, 6.6 baths, and was built in 1950. The property's zip code is 18510 which is in Scranton, PA

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