This is the investment you've been waiting for! This well-maintained duplex grosses over $32,000 annually, with all utilities separately metered--keeping operating costs low and returns high. After accounting for taxes, insurance, and maintenance, this property delivers in excess of a 10 percent cap rate.Both units feature newer heating systems, hot water heaters, and updated electrical, minimizing future capital expenses. Long-term tenants are already in place, providing immediate and stable cash flow from day one.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. Don't miss your chance to own a low-maintenance, high-yield asset!
Pending
$239,995
538 River St APT 540, Scranton, PA 18505
5beds
1,900sqft
Est.:
Multi Family, Duplex
Built in 1920
-- sqft lot
$238,200 Zestimate®
$126/sqft
$-- HOA
What's special
Newer heating systemsHot water heaters
- 12 days
- on Zillow |
- 1,531 |
- 115 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 11:05am
Listed by:
Pat Rogan,
The Hub Real Estate Group Scranton 570-507-0627
Source: GSBR,MLS#: SC251643

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
- Finished area above ground: 1,900
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 85 x 45
Details
- Parcel number: 15668010001
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1920
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $11,000
- Annual tax amount: $3,941
- Date on market: 4/14/2025
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