PA > Scranton
Scranton, PA 18509,848 CAPOUSE AVE
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Scranton, PA 18509,848 CAPOUSE AVE
Scranton, PA 18509,848 CAPOUSE AVE
Scranton, PA 18509,848 CAPOUSE AVE
Scranton, PA 18509,848 CAPOUSE AVE
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Jordan Muirhead

Jordan Muirhead

+1(703) 615-8732
Listed by Quinn Fenwick • Ramos Realty
$ 265,000
Est. payment /mo
Save
Price Dropped by $20K

848 CAPOUSE AVE Scranton, PA 18509

2,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $101

MLS Listing ID PALW2000590

Style Contemporary

Abv Grd Liv Area 2,600

Year Built 1973

Annual Tax Amount $4,257

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Detached

Source BRIGHT

Property Description

PRICE IMPROVEMENT! CALLING ALL INVESTORS – Fully Rented 4-Unit with Under Market Rents and Major Upside!
Turnkey Income + Future Growth!

Welcome to a rare 4-unit investment opportunity in Scranton's highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value.


Current gross rental income: $38,100/year
Projected market rent: $46,800/year
Potential cap rate boost from 11.5% to 14.6%!
Low expenses and tenant-paid utilities
Minutes from Downtown Scranton, shopping, parks, and highways

Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.

Location

State PA

County Lackawanna

Area Scranton City (13634)

Zoning RESIDENTIAL/COMMERCIAL

Rooms

Basement Full

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Microwave, Refrigerator

Appliance Microwave, Refrigerator

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Prescott

Middle Schools West Scranton

High Schools Scranton

School District Scranton

Others

Tax ID 14516040006

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Jordan Muirhead

Agent | License ID: 0225206725

+1(703) 615-8732

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848 CAPOUSE AVE

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