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106 S 108 S Main AVE Scranton, PA 18504
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Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PWBPW242489
Sold Date 12/12/24
Year Built 1920
Annual Tax Amount $5,874
Property Sub-Type Mixed Use
Source pikewayne
Property Description
Prime Mixed-Use Commercial Building in Vibrant Scranton, PAWelcome to an exceptional investment opportunity in the heart of Scranton, PA! This 8-unit mixed-use commercial building features two prime storefronts and six residential apartments above. With a fantastic location and high demand for rental units, this property offers substantial income potential.The commercial storefronts are ideally situated to attract a steady flow of foot traffic, ensuring consistent business for tenants. Upstairs, four of the six apartments are move-in ready, featuring new flooring and other upgrades. The remaining two units offer a great opportunity for rehab, allowing the new owner to customize and enhance their value. Recent property improvements include security cameras, ensuring a safe environment for tenants and added peace of mind for the owner.To further increase rental income, consider adding coin-operated laundry facilities, a sought-after amenity for tenants. The demand for these units is incredibly high, making it easy to lease out the spaces quickly. This well-maintained building, with its blend of commercial and residential spaces, is perfect for investors looking to capitalize on Scranton's growing market. Don't miss your chance to own this versatile and profitable property. Schedule a viewing today and start reaping the benefits!
Location
Province PA
County Lackawanna
Rooms
Basement Full, Unfinished
Interior
Heating Electric
Flooring Luxury Vinyl
Exterior
View Y/N No
Roof Type Foam
Building
Lot Description Near General Business
Story 3
Sewer Public Sewer
Level or Stories Three Or More
Schools
High Schools Scranton School District
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Bought with NON-MEMBER OFFICE