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: $489000 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 | 4,140 SqFt |
| 3 E Mountain Road, Scranton, PA, 18505 | $220,000 | 3 | 2 | 2,000 | 2,000 SqFt |
| 840 Alder Street, Scranton, PA, 18505 | $200,000 | 3 | 1 | 1,625 | 1,625 SqFt |
| 611 Moosic Street, Scranton, PA, 18505 | $189,900 | 4 | 2 | 1,580 | 1,580.13 SqFt |
| 321 Prospect Avenue, Scranton, PA, 18505 | $185,000 | 4 | 1 | 1,890 | 1,890 SqFt |
| 613 Willow Street, Scranton, PA, 18505 | $160,000 | 3 | 2 | 1,348 | 1,348 SqFt |
| 431 River Street, Scranton, PA, 18505 | $250,000 | 6 | 2 | 3,000 | 3,000 SqFt |
| 1169 Elm Street, Scranton, PA, 18505 | $299,999 | 4 | 2 | 2,623 | 2,623 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 01:30
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