538-540 River Street, Scranton, PA 18505

Property Description

Excellent investment opportunity in Scranton! This well-maintained duplex generates approximately 34,000 in annual gross rental income, with all utilities separately metered to help keep ownership expenses low. With strong in-place rents and an attractive 10-percent+ cap rate, this property offers immediate cash flow from day one.Both units feature newer heating systems, hot water heaters, and updated electrical, helping reduce near-term capital expenses. Long-term tenants are already in place, making this a turnkey opportunity for both experienced investors and those looking to expand their portfolio.A solid income-producing asset with strong returns and low-maintenance appeal. Don't miss this opportunity!Showings to be Monday 8/17 open house style from 12-1 and 5-6pm.