11 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 with immediate cash flow. Now 91.6% leased, this property is performing with just two units left to fill—offering strong in-place income and room for upside.
Each unit has been fully modernized with granite countertops, updated flooring, and brand-new appliances, appealing to quality tenants and reducing long-term maintenance costs.
At a projected 7.23% cap rate, this opportunity offers:
Turnkey Condition – No major capital expenditures needed
Immediate Cash Flow – 11 of 12 units leased
Modern Finishes – Granite counters, stainless appliances, and updated interiors
Tenant-Friendly Amenities – Laundry, secure entry, and modern mail system
Prime Location – Near hospitals, universities, and key commuter routes
With high rental demand and market rents continuing to rise, this property is ideally positioned for full stabilization and long-term appreciation.
Contact us for full financials and to schedule a private tour of this income-producing gem!
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| List Price | $2,500,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2024 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 15710020017 |
| MLS # | PALW2000526 |
| Property ID | 321271324 |
| Lot Sqft | 6,252 |
| Zoning | RESIDENTIAL |
| Total Units | 12 |
| Date Updated | June 27, 2025 |
| Date Created | February 12, 2025 |
Financials not available online. Please inquire with your agent for more details.
Quinn Fenwick an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT