1201-1207 Mulberry ST, Scranton, PA 18510
1201-1207 Mulberry ST, Scranton, PA 18510
1201-1207 Mulberry ST, Scranton, PA 18510
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Andie Katz

Andie Katz

+1(570) 775-5177
Listed by Richard Caridi Iron Valley RE Innovate - Lords Valley
$5,300,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Municipality Lackawanna - Lackawanna County

MLS Listing ID PW-262035

Year Built 2001

Property Sub-Type Mixed Use

Source Pike/Wayne Association of REALTORS®

Property Description

Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201-1203 Mulberry Street, a four-unit commercial building with six student housing units, 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, 410-412 N. Webster Avenue, and 414-416 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton. Website: https://scrantonstudenthousing.com/

Location

State PA

County Lackawanna

Interior

Heating Natural Gas, Oil

Exterior

Parking Features Parking Lot

View Y/N No

Roof Type Asphalt,Rubber

Garage No

Building

Lot Description City Lot, Corner Lot

Sewer Public Sewer

Water Public

Others

Tax ID 15737020015

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Andie Katz

Andie Katz

+1(570) 775-5177

Associate Broker | REALTOR® License ID: AB069370

Associate Broker | REALTOR® License ID: AB069370

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