USAPAScrantonNot in Development1515 Vine St
1515 Vine St, Condo with 0 bedrooms, 0 bathrooms and null parking in Scranton PA | Image 1
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1515 Vine St, Condo with 0 bedrooms, 0 bathrooms and null parking in Scranton PA | Image 3
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Added 2 days ago

$2,500,000

1515 Vine St, Scranton, PA

Condo

For Sale

Listed price in listed location currency (USD).
$2,500,000

Added 2 days ago

009080 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size 9080 sqft
Garage No
HOA Fees 
Taxes $8,017
Days Active 1
Approx. Age 2024
Avg. Price Per Sqft $275
MLS® Number 759585

Property Address: 1515 Vine St, Scranton, Pennsylvania

Average square foot calculated using Size range provided by listing agent.

Description

11 UNITS LEASED – Prime Turnkey Investment Opportunity | 12-Unit Multifamily in Scranton, PA A newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset with immediate cash flow. Now 91.6% leased, this property is performing with just two units left to fill—offering strong in-place income and room for upside. Each unit has been fully modernized with granite countertops, updated flooring, and brand-new appliances, appealing to quality tenants and reducing long-term maintenance costs. At a projected 7.23% cap rate, this opportunity offers: Turnkey Condition – No major capital expenditures needed Immediate Cash Flow – 11 of 12 units leased Modern Finishes – Granite counters, stainless appliances, and updated interiors Tenant-Friendly Amenities – Laundry, secure entry, and modern mail system Prime Location – Near hospitals, universities, and key commuter routes With high rental demand and market rents continuing to rise, this property is ideally positioned for full stabilization and long-term appreciation. Contact us for full financials and to schedule a private tour of this income-producing gem!
MLS® Number759585
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2024
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CNone
Heating Fuel

Extras

Real Estate Only
1515 Vine St, Scranton, PA

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