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Sold for $255,500 on 03/05/25
  • $255,500

    2026-2028 Margaret Ave, Scranton, PA 18508

    6beds
    2,258sqft
    Multi Family, Duplex
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $113/sqft
    $1,579 Estimated rent

    Owner options

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    $1,579/mo

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    $1,579/mo

    Rent Zestimate®

    Refinance and save

    $1,609/mo

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    $1,609/mo

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    What's special

    Prime Investment Opportunity - Turnkey Two-Unit Property This fully turnkey, two-unit investment property offers an outstanding opportunity for investors seeking steady cash flow and immediate returns. With a remarkable 10.8 cap rate, this property is ideal for building or expanding your real estate portfolio.Property Highlights: Unit 1: Currently occupied by reliable tenants, providing consistent rental income. Unit 2: Vacant and ready for occupancy, allowing flexibility for an owner-occupant or quick leasing. Utilities: Completely split for both units, minimizing landlord responsibilities and simplifying management. Turnkey Condition: Both units are well-maintained and require no immediate updates, ensuring a hassle-free investment.Upgrades: New Paint, New Carpet, New appliances in left side including: Refrigerator, Stove and Dishwasher. Baker WaterProofed Basement (warranty is transferable) New Gutters, Electric upgrades and New Chimney liner. Whether you're looking to live in one unit while earning rental income from the other or seeking a fully income-generating property, this versatile investment delivers exceptional value. With strong rental demand and great cash flow potential, this property won't stay on the market long!Contact us today to schedule a showing and secure your next investment.

    Zillow last checked: 8 hours ago

    Listing updated: March 05, 2025 at 05:35pm

    Listed by:

    Christine Ives Polizzi,

    EXP Realty LLC

    Bought with:

    Michael Turlip, RS358158

    REALTY NETWORK GROUP

    Source: GSBR,MLS#: SC250382MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Refrigerator, Other, Electric Oven
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Unfinished
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,258
    • Total interior livable area: 2,258 sqft
    • Finished area above ground: 2,258
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage, Off Street, On Street
    • Garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Stories: 2
    • Exterior features: Private Yard
    • Pool features: None
    • Spa features: None
    • Fencing: Back Yard,Wood,Fenced
    Lot
    • Size: 7,405 sqft
    • Dimensions: 47 x 160
    Details
    • Parcel number: 13505030011
    • Zoning: R1
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex Side by Side
    • Property subtype: Multi Family, Duplex
    Materials
    • Attic/Crawl Hatchway(s) Insulated
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Scranton

    Other

    Other facts
    • Income includes: Rent Only