Map
USAPAScranton503-501-503 Cedar Ave
1000056546 | Image 1

503-501-503 Cedar Ave, Scranton, PA

Real Estate

For Sale

Listed price in listed location currency (USD).
$349,995

630

MLS® SC263409

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4500 sqft
Garage No
Taxes $4,655
Days Active 0
Lot Size 0.10000000149011612 Acres
Approx. Age 1900
Avg. Price Per Sqft $77
MLS® Number SC263409

Property Address: 503-501-503 Cedar Ave, Scranton, PA, 18505-1181

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

Description

Excellent opportunity to own a 5-unit mixed-use property with low taxes and tremendous upside. The property currently features three occupied residential units with long-term tenants paying below-market rents, offering immediate income with plenty of room to increase cash flow.The two commercial storefronts are vacant, and the City of Scranton has approved their conversion into two additional residential units, giving the next owner the opportunity to create a fully residential 5-unit building and significantly increase rental income.Whether you're an experienced investor or looking to grow your portfolio, this property offers immediate cash flow, value-add potential, low carrying costs, and the opportunity to build long-term equity.
MLS® NumberSC263409
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces0
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 14, 2026List Date
$349,995List Price
  • Commute

Commute

Starting Address
Destination Address
501-503 Cedar Ave, Scranton, PA

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