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343-345 Adams Ave
Scranton, PA 18503

Multifamily Property For Sale · 8 Units

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Executive Summary

8 Residential 1 bedroom, 1 bath. and 2 commercial units on street level.
Building is meticulously maintained.
Excellent growth potential on the rents for the next several years.
Important
1. Please do not ask for owner financing.
2. Please do not ask for property management.

PROPERTY FACTS

Price Per Unit	$208,092 CAD	Building Class	C
Sale Type	Investment	Building Size	6,300 SF
Cap Rate	9%	Average Occupancy	100%
No. Units	8	No. Stories	3
Property Type	Multifamily	Year Built/Renovated	1950/2022
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price Per Unit	$208,092 CAD
Sale Type	Investment
Cap Rate	9%
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Building Size	6,300 SF
Average Occupancy	100%
No. Stories	3
Year Built/Renovated	1950/2022
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

PROPERTY TAXES

Parcel Numbers	Multiple 15628010011 15628010009 15628010008 15628010010	Improvements Assessment	$45,010 CAD
Land Assessment	$56,811 CAD	Total Assessment	$101,822 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

15628010011
15628010009
15628010008
15628010010

Land Assessment

$56,811 CAD

Improvements Assessment

$45,010 CAD

Total Assessment

$101,822 CAD

Listing ID: 27339101
Date on Market: 2022-12-19
Last Updated:
Address: 343-345 Adams Ave, Scranton, PA 18503

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