Investor opportunity in Scranton: one parcel with two buildings and three total units, plus an adjoining 40x160 lot (Parcel ID: 16714040008) that may satisfy parking requirements. The front building spans two floors and includes a large attic and walk-out basement, offering flexible layout potential. The rear building is configured as a single-family home with four bedrooms and one bathroom, and features a newer heating system and water heater. Both buildings are currently condemned and listed for demolition by the City of Scranton. The current owner has initiated litigation to halt the demolition process. Properties are being sold strictly as is. Buyers are responsible for conducting their own due diligence regarding zoning, permits, and rehabilitation requirements with the City of Scranton. This is a rare chance to unlock value in a multi-unit setup with expansion potential.
For sale
$149,995
524 Gibbons St #4, Scranton, PA 18505
9beds
3,620sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$41/sqft
$-- HOA
What's special
Walk-out basementFour bedroomsNewer heating system
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