615-617 Charles Street, Throop, PA 18512
- $699,000
- 8,415
- SqFt
- List Price
- $699,000
- MLS#
- SC261820
- Status
- ACTIVE
- County
- Lackawanna
- City
- Throop
- Living Area
- 8,415
- Acres
- 0.32
Property Description
Prime mixed-use investment opportunity featuring a well-maintained building with one commercial storefront, two garages, and three fully updated residential apartments. Each unit has been modernized with contemporary finishes, offering strong tenant appeal and minimal maintenance concerns. The property is fully occupied, providing immediate and stable cash flow with a gross annual income of $85,000.The commercial space offers excellent visibility and flexibility for a variety of business uses, while the residential units feature updated kitchens, baths, and mechanicals. Additional income from the two garages enhances overall returns. Ideal for investors seeking a turnkey property with a solid rental history and upside potential in a growing market.
Additional Information
- Days on Market
- 136
- Year Built
- 1960
- Stories
- 2
- Cooling
- Central Air, Wall Unit(s)
- Heating
- Electric, Natural Gas
- School District
- Mid Valley
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Listing courtesy of Levy Realty Group.