USAPAScranton340 342 Railroad Avenue
1000032168 | Image 1
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$269,995

340 342 Railroad Avenue, Scranton, PA

Real Estate

For Sale

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1020
  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 3154 sqft
Garage No
Taxes $2,559
Days Active 0
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $85
MLS® Number SC255038

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is not your average multi-family. This massive duplex offers more square footage and flexibility than most properties on the market, with all separate utilities, a brand-new roof, and the added benefit of extremely low taxes--a true investor's dream.Unit 1: A huge 5-6 bedroom residence with a semi-finished attic that can easily be converted into even more living space. With its size and versatility, this unit can be laid out a variety of ways--ideal for large households or maximizing rental income.Unit 2: Another large 3-4 bedroom unit with an unfinished attic that presents additional upside for expansion or future value-add improvements.At market rents, this oversized property generates returns in excess of a 10 percent cap rate, and when paired with the extremely low taxes, the cash flow potential is hard to beat.Whether you're looking for a cash-flow powerhouse or a property with room to grow, this duplex delivers unmatched scale, efficiency, and profitability.Show Description
MLS® NumberSC255038
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1930
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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