PA > Scranton > Scranton
Scranton, PA 18510,1515 VINE ST
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Scranton, PA 18510,1515 VINE ST
Scranton, PA 18510,1515 VINE ST
Scranton, PA 18510,1515 VINE ST
Scranton, PA 18510,1515 VINE ST
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Jordan Muirhead

Jordan Muirhead

+1(703) 615-8732
Listed by Quinn Fenwick • Ramos Realty
$ 2,500,000
Est. payment /mo
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Active

1515 VINE ST Scranton, PA 18510

9,080 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,080 sqft

Price per Sqft $275

Subdivision Scranton

MLS Listing ID PALW2000524

Style Contemporary

Abv Grd Liv Area 9,080

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $6,073

Tax Year 2024

Lot Size 6,252 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

10 UNITS LEASED – 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 with immediate cash flow. Now 83% leased, this property is performing with just two units left to fill—offering strong in-place income and room for upside.

Each unit has been fully modernized with granite countertops, updated flooring, and brand-new appliances, appealing to quality tenants and reducing long-term maintenance costs.
At a projected 7.23% cap rate, this opportunity offers:

Turnkey Condition – No major capital expenditures needed
Immediate Cash Flow – 10 of 12 units leased
Modern Finishes – Granite counters, stainless appliances, and updated interiors
Tenant-Friendly Amenities – Laundry, secure entry, and modern mail system
Prime Location – Near hospitals, universities, and key commuter routes

With high rental demand and market rents continuing to rise, this property is ideally positioned for full stabilization and long-term appreciation.

Contact us for full financials and to schedule a private tour of this income-producing gem!

Location

State PA

County Lackawanna

Area Scranton City (13634)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Frances Willard

Middle Schools South Scranton

High Schools Scranton

School District Scranton

Others

Tax ID 15710020017

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://aa-aerial-imaging.aryeo.com/videos/0195023f-4c40-71c3-bdd5-054d83ce0997

Bright MLS (BMLS)
agent

Jordan Muirhead

Agent | License ID: 0225206725

+1(703) 615-8732

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1515 VINE ST

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