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Pending
  • Price cut: $20K (6/25)
    $265,000

    848 Capouse Ave, Scranton, PA 18509

    8beds
    2,600sqft
    : 
    Single Family Residence
    Built in 1973
    6,098 Square Feet Lot
    $252,500 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    PRICE IMPROVEMENT! CALLING ALL INVESTORS – Fully Rented 4-Unit with Under Market Rents and Major Upside! Turnkey Income + Future Growth! Welcome to a rare 4-unit investment opportunity in Scranton’s highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value. Current gross rental income: $38,100/year Projected market rent: $46,800/year Potential cap rate boost from 11.5% to 14.6%! Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highways Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
    109 days
    on Zillow
    |
    115
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 07:40am

    Listed by:

    Quinn Fenwick 551-337-1429,

    Ramos Realty 6108664423

    Source: Bright MLS,MLS#: PALW2000606MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    • Main level bedrooms: 8
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Microwave, Refrigerator, Electric Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft
    • Finished area above ground: 2,600

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 6,098 Square Feet
    Details
    • Additional structures: Above Grade
    • Parcel number: 14516040006
    • Zoning: RESIDENTIAL/COMMERCIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Scranton
    HOA
    • Has HOA: No
    Location
    • Region: Scranton
    • Municipality: SCRANTON CITY

    Financial & listing details

    • Price per square foot: $102/sqft
    • Tax assessed value: $13,000
    • Annual tax amount: $4,257
    • Date on market: 4/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
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