1618 Main AveScranton, PA 18508

For Sale
$249,000

Three-unit building, high visibility, strong income potential.

Overview

Added:
Feb 3
Days on market:
40
This exceptional three-unit mixed-use building at 1618 N Main Avenue in Scranton, PA, presents a rare investment opportunity. The property boasts 3,200 square feet on a 0.11-acre lot and is priced at $249,000. The building features a brand new roof, ensuring long-term cost savings. High-visibility signage enhances its commercial appeal. Inside, you'll find beautiful fixtures, crown molding, and fresh paint throughout, reflecting meticulous upkeep. A substantial three-bedroom apartment occupies the second floor, complete with front and rear balconies and newly constructed back steps. Each of the three units benefits from separate meters and ductless heat/AC systems. A paved driveway leads to a rear parking lot with capacity for approximately five vehicles. The existing commercial units on the first floor each include kitchenettes and bathrooms, presenting a potential for expansion. With necessary approvals, the property could accommodate two additional apartments on the first floor, significantly increasing rental income. The building's quality construction, attractive features, and strong income potential make it a standout investment in the Scranton market. This is a unique chance to acquire a well-maintained, high-return property in a desirable location.

Property Details for 1618 Main Ave

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
3,200 SF
Year Built
1940
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Scranton
County
Lackawanna
State
Pennsylvania
Latitude
41.43426
Longitude
-75.66087
1618 Main Ave, Scranton, Pennsylvania

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1618 Main Ave
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