Average square foot calculated using Size range provided by listing agent.
Description
10 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 83% 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 – 10 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!
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