1515 Vine Street

SCRANTON, PA 18510

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 6252.09
    Sqft(Lot)
$2,500,000

Description

Prime turnkey investment opportunity – 12-unit multifamily in scranton, pa

a newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset. strategically located in a desirable rental market, this property is already 50% occupied with strong leasing potential.

each unit has been fully modernized, featuring brand-new appliances, granite countertops, and updated flooring, ensuring long-term tenant appeal. the building also includes on-site laundry facilities, individual mailboxes, and a secure entry system to enhance convenience and security.

with a 6.78% cap rate, this property offers:

turnkey condition – no immediate capital expenditures required

strong rental demand – positioned for full occupancy with competitive market rents

high-end finishes – granite countertops and modern appliances for durability and style

tenant amenities – washer & dryer in the building, secure mailboxes, and updated common areas

strategic location – close to major employers, universities, hospitals, and transit


this is an excellent opportunity to acquire a fully upgraded, income-generating asset with room for upside as occupancy increases. contact us today for financials and to schedule a private tour!

  • Property Type

    Multi-Family

  • County

    LACKAWANNA

  • Style

    Contemporary

  • AD ID

    48604783

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: None
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2024
    • Structure: Other
    • New Construction: No
    • Total Units: 4
    • Built: 2024
    • Construction Material: Block,Aluminum Siding,Asphalt,Brick,Vinyl Siding
    • Architecture: Contemporary
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Septic

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 6,252
    • Lot Size (Acres): 0.14
    • Architectural Style: Contemporary
    • Main Square Feet: 6,252

    Property Information

    • SQ ft: 10,584
    • SQ ft (Living Area): 9,080
    • Total Lot SQ ft: 6,252
    • Subdivision: SCRANTON
    • Financing: Cash,Conventional
    • Total Acreage: 0.14
    • New Construction: No
    • Type: Contemporary

  • Listing Information

    • Possession: Immediate,Negotiable
    • Days Of Market: 1

  • Tax Information

    • Annual Tax: $6,073
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $23,000

  • Virtual Tour

    Parking Information

    • Parking Type: Off Street,On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: Take Meadow Ave, Moosic St and Harrison Ave to Vine St. Turn left onto River St Turn right onto Meadow Ave Turn left onto Moosic St Turn right onto Harrison Ave Turn left onto Vine St Destination will be on the right

  • School Information

    • Elementary School: FRANCES WILLARD
    • Middle OR Junior School: SOUTH SCRANTON
    • High School: SCRANTON
    • School District: SCRANTON

    Utility Information

    • Water Source: Public
    • Sewer: Public Septic
    • Cooling Fuel: None
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Take Meadow Ave, Moosic St and Harrison Ave to Vine St. Turn left onto River St Turn right onto Meadow Ave Turn left onto Moosic St Turn right onto Harrison Ave Turn left onto Vine St Destination will be on the right
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BuyOwner last updated this listing 02/22/2025 @ 02:49

  • MLS: PALW2000524
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 6,252 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SCRANTON , in zip code 18510, this LACKAWANNA County Other , it is in the SCRANTON Subdivision, are nearby neighborhoods.