17 Unit in Scranton

640 Jefferson Avenue,
Scranton, PA 18510

 

$1,529,977
Price
8.98
GRM
$89,999
Price Per Unit
17
Number of Units
8.01%
Cap Rate
8,000
Building SF
$1,529,977
Price
8.98
GRM
$89,999
Price Per Unit
17
Number of Units
8.01%
Cap Rate
8,000
Building SF

Prime Multifamily Investment Near Major Medical & Educational Hubs

  • Located in the heart of Scranton, PA, this fully renovated 17-unit multifamily property offers a rare opportunity to own high-quality housing in one of the city’s most desirable and high-demand neighborhoods. Just minutes from Geisinger School of Medicine and Commonwealth Health Regional Hospital, this property is ideally suited for medical students, residents, healthcare professionals, and business travelers alike. Recent renovations have modernized both the interiors and systems, ensuring low-maintenance ownership and a premium living experience for tenants. With close proximity to major employers such as TMG Health, University of Scranton, Sanofi, MetLife, Cigna, Amazon, Johnson College, & McLane Company, this location is a hub of career and academic activity. Perfectly positioned for long-term appreciation and strong rental income, this property is a turn-key asset in a growing market.
FOR MORE DETAILS CONTACT
Jennifer de Jesus
Broker/Owner
(610) 217-6330
jen@dejesusteam.com
RM423820