818-820 W Locust Street, Scranton, PA 18504

Property Description

West Scranton 3-Unit Investment Property with Great Income Potential! This multifamily investment opportunity offers three separate residential units on one lot in a desirable neighborhood. The front house is a side-by-side double featuring a 3-bedroom, 1-bath apartment and a spacious 5-bedroom, 1-bath apartment, providing excellent rental incomes. Both units feature updated kitchens and bathrooms and are in good condition. The 5-bedroom unit is currently rented for $1,600 per month, providing immediate rental income.A separate 2-bedroom single-family home is also located on the property and offers an additional opportunity to generate rental income with some minor TLC and updating. With three potential income-producing units, this property provides investors with the opportunity to maximize rental income and add value over time. All utilities are separately metered, an important advantage for investors looking to control operating expenses. Located in a very nice West Scranton neighborhood convenient to shopping, schools, restaurants, major roadways, and area amenities. Three units, separate utilities, existing rental income, and value-add potential make this a property worth adding to your investment portfolio!