848 Capouse Avenue, SCRANTON, PA 18509 (MLS # PALW2000606)

Price $285,000
Status Active
Beds 7
Baths 4 Baths
Home size 2,600 sqft
Lot Size 6,099 sqft
Days on Market 1
SHOWINGS BEGIN WEDNESDAY 4/30. QUADRUPLEX! 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.
Property Type(s): Single Family
Last Updated 4/28/2025 Tract SCRANTON
Year Built 1973 Community Scranton City (13634)
County LACKAWANNA

SCHOOLS

School District SCRANTON
Elementary School PRESCOTT
Jr. High School WEST SCRANTON
High School SCRANTON

Additional Details

AIR None
APPLIANCES Electric Water Heater, Microwave, Refrigerator
AREA Scranton City (13634)
BASEMENT Full, Yes
CONSTRUCTION Aluminum Siding, Vinyl Siding
HEAT Baseboard, Electric
LOT 6098 sq ft
PARKING Off Street, On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Contemporary
SUBDIVISION SCRANTON
TAXES 4257.32
WATER Public

Location

 

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Listing provided by Ramos Realty
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