Location

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Scranton, PA 18504

Details

• Type: multifamily
• Bedrooms: 8
• Bathrooms: 4
• Square Feet:
• Total Units: 4

Description

This turnkey 4-unit quadruplex in Scranton, PA, offers a rare investment opportunity with $52,800 in current annual gross rent (fully leased) and potential to reach $59,280 at market rates. Recent renovations, tenant-paid utilities, and a prime location near the University of Scranton deliver a stable NOI of $35,302 (midpoint), valuing the property at $441,275-$504,314 (7-8% cap rate). Ideal for cash flow-focused investors seeking a low-maintenance asset in a growing rental market.