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For sale
  • Price increase: $2.5M (2/14)
    $2,500,000

    1515 Vine St, Scranton, PA 18510

    16beds
    --baths
    9,080sqft
    : 
    Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $275/sqft
    $-- HOA

    What's special

    High-end finishesBrand-new appliancesUpdated flooringGranite countertops
    8 UNITS LEASED- Prime Turnkey Investment Opportunity – 12-Unit Multifamily in Scranton, PA A newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset. Strategically located in a desirable rental market, this property is already 70% occupied with strong leasing potential. Each unit has been fully modernized, featuring brand-new appliances, granite countertops, and updated flooring, ensuring long-term tenant appeal. The building also includes on-site laundry facilities, individual mailboxes, and a secure entry system to enhance convenience and security. With a 6.78% cap rate, this property offers: Turnkey Condition – No immediate capital expenditures required Strong Rental Demand – Positioned for full occupancy with competitive market rents High-End Finishes – Granite countertops and modern appliances for durability and style Tenant Amenities – Washer & dryer in the building, secure mailboxes, and updated common areas Strategic Location – Close to major employers, universities, hospitals, and transit This is an excellent opportunity to acquire a fully upgraded, income-generating asset with room for upside as occupancy increases. Contact us today for financials and to schedule a private tour!
    72 days
    on Zillow
    |
    743
    |
    37
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2025 at 10:47am

    Listed by:

    Quinn Fenwick 551-337-1429,

    Ramos Realty 6108664423

    Source: Bright MLS,MLS#: PALW2000524MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1515 Vine St.

    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    Basement
    • Area: 1504
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 10,584
    • Total interior livable area: 9,080 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 6,252.09 Square Feet
    Details
    • Additional structures: Above Grade
    • Parcel number: 15710020017
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Block, Aluminum Siding, Asphalt, Brick, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 2024
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Scranton
    Location
    • Region: Scranton
    • Municipality: SCRANTON CITY

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $23,000
    • Annual tax amount: $6,073
    • Date on market: 2/13/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 203400
    • Income includes: Apartment Rentals
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