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Well-maintained Side-by-side Duplex in West Scranton

USD $284,999
111 South Sumner Avenue, Scranton, Pennsylvania, 18504, USA
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Property Highlights

  • Side-by-side duplex with separate utilities
  • Private front and back porches
  • Fully fenced shared yard
  • Interior basement access with walk-out doors
  • Walking distance to schools and amenities
  • Partially updated unit with modern touches

Overview

Presenting an exceptional income-generating opportunity in the heart of West Scranton with this immaculately maintained side-by-side duplex. The property features two units, each offering 3 bedrooms and 1 full bathroom, making it perfect for investors or owner-occupants looking to build equity fast.Each unit has a spacious living room, formal dining room and eat-in kitchen. The ideal layout maximizes the square footage while maintaining an inviting, ''welcome home'' feeling that tenants will appreciate.Outside features both divided front and back porches - each with private steps down to the fully fenced shared yard. Both sides have not only interior basement access from kitchens, but also full walk-out doors to the yard, offering easy access to additional storage and workshop space. Bonus: the home's location puts residents within walking distance to many local amenities, schools, and transportation options. Unit 113, previously owner-occupied, has been partially updated with modern touches, while Unit 111 presents an opportunity for your personal improvements and sweat equity. This flexibility allows you to customize the investment to match your timeline and budget.Separated Gas, Electric & Water Utilities keeps the owner's overhead low to stretch profitability. With current market rents, the property already delivers an impressive 11 percent cap rate, which is a rare find in today's competitive investment market.If you're a seasoned investor seeking strong returns or a first-time buyer interested in offsetting your mortgage payment, this duplex offers the perfect blend of immediate income potential and long-term appreciation opportunities.
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Property Features

111 South Sumner Avenue, Scranton, Pennsylvania, 18504, USA offers the following features:

Bedrooms: 6
Bathrooms: 2 Full
Living Area: 2688sf
Property Type: Residential Multi Family
Status: Pending
Reference ID: SC255757

What's Nearby

Local businesses near 111 South Sumner Avenue, Scranton, Pennsylvania, 18504, USA:

School: < 1 mile
Grocery/Shopping Center: < 1 mile
Public Transportation: < 1 mile
Gym: < 1 mile
Police Station: < 1 mile
Hospital: < 1 mile

Map

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Listed by: Jessica Suchter
Lewith & Freeman Real Estate