314 W Market St, Scranton, PA 18508

N Scranton - 8-Unit CASH COW 10 CAP Multifamily Value Add Opportunity Incredible opportunity to own an income-producing 8-unit multifamily property located in desirable North Scranton! This solid investment boasts a 10% CAP RATE, making it a true cash cow with strong rental history and consistent income.But wait their is MORE, 5 additional garages that have the possiblity to be renovated into handicap accessible apartments with Scranton City approval. Each unit is separately metered for utilities, keeping owner expenses low. The property features a mix of well-maintained one- and two-bedroom apartments with great tenants and plenty of upside potential. Units have been updated with modern finishes, flooring, and kitchens. Enjoy off-street parking, a convenient location near major highways, and close proximity to restaurants, shopping, and public transportation. The building has been professionally managed and is ideal for both new and seasoned investors looking to expand their portfolio. Highlights: 8 total rental units 10% CAP rate - strong returns! Separately metered utilities Units recently renovated Off-street tenant parking Great North Scranton location Close to I-81, downtown Scranton, and major employers Value add with additional apartments /need city approval Whether you're looking to add a high-performing property to your portfolio or jumpstart your investment journey, this one checks all the boxes. 48 hour notice to tenants for showings is required Can be sold with 2 additional multi-unit income producing properties from the same owner, with a portfolio discount. MLS #25-5205