522 524 River Street
Scranton, PA 18505
8
Bed
5
Bath
7,200Sqft
0.16Acre(Lot)
Turnkey 5-Unit Investment Opportunity on River StreetFully occupied and generating over $54,600 in annual gross income, this well-maintained 5-unit complex is a strong, cash-flowing asset. Four of the five units have been extensively upgraded with modern kitchens featuring granite countertops and new appliances, updated flooring, fresh paint, and remodeled bathrooms--providing quality living spaces tenants appreciate.Each unit is separately metered, with tenants responsible for their own electric (including heat and hot water). Water is sub-metered and can be billed back, optimizing your utility cost management. The building offers coded front and rear entry for both security and ease of access.Additional highlights include a large backyard and rear off-street parking for tenant convenienc
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Has Basement: Yes Basement: Full, Unfinished -
Flooring Information
Vinyl -
Interior Features
Appliances: Electric Oven, Refrigerator, Microwave -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Ceiling Fan(s)
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Building Information
Year Built: 1919 Stories: 3 Private Pool: No -
Exterior Features
Exterior Features: Balcony, Private Yard
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Lot Information
Lot Dimensions: 45'x157'x45'x157' Lot Size Acres: 0.16Property Information
Subdivision: None Source Property Type: Residential Income Property SubType: Apartment Levels: Three Or More Property Age: 107
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Listing Price Information
Listing Price: $449000 Original Price: $519000
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Tax Information
Parcel Number: 15616040055 Tax Year: 2024 Annual Tax: $7129.04
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Parking Information
Alley Access, Off Street, On Street
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Location Information
Direction: From Scranton, Take Pittston Ave. Turn onto River Street. See on Right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 219 Lake Scranton Road, Scranton, PA, 18505 | $696,888 | 6 | 4 | 4,140 | -- |
| 136 Conroy Street, Scranton, PA, 18505 | $419,999 | 4 | 2.5 | 4,200 | 0.28 Acre |
| 3 E Mountain Road, Scranton, PA, 18505 | $199,000 | 3 | 2 | 1,500 | 0.46 Acre |
| 613 Willow Street, Scranton, PA, 18505 | $145,000 | 3 | 2 | 1,348 | 0.14 Acre |
| 326 Neptune Place, Scranton, PA, 18505 | $99,000 | 2 | -- | 948 | 0.06 Acre |
| 1829 S Webster Avenue, Scranton, PA, 18505 | $319,900 | 3 | 2 | 3,091 | 0.28 Acre |
| 414 Brook Street, Scranton, PA, 18505 | $349,000 | 5 | 2.5 | 2,934 | 0.08 Acre |
| 434 Pear Street, Scranton, PA, 18505 | $160,000 | 7 | 1 | 3,915 | 0.08 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Pike/Wayne Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Pike/Wayne Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 09/18/2026 @ 09:10
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