848 Capouse Avenue
Scranton, PA 18509
- – beds
- – baths
- 2,600 sqft
- 6,098 sqft lot
- $109 per sqft
- 1973 build
QUADRUPLEX! CALLING ALL INVESTORS – Fully Rented 4-Unit with Under Market Rents and Major Upside! Turnkey Income + Future Growth! Welcome to a rare 4-unit investment opportunity in Scranton’s highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value. Current gross rental income: $38,100/year Projected market rent: $46,800/year Potential cap rate boost from 11.5% to 14.6%! Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highways Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
Last checked:
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Last updated Apr 27, 2025
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MLS# PALW2000590 —
The Building
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Year Built:1973
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Aluminum Siding, Vinyl Siding
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Contemporary
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2600
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Living Area SqFt:2,600 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Possession:Immediate, Negotiable
Location
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Directions:From Green Ridge St in Scranton turn onto Capouse Ave.
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Latitude:41.41792000
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Longitude:-75.65794000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Estimated
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Lot SqFt:6,098 Sqft
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Zoning:RESIDENTIAL/COMMERCIAL
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (551) 337-1429
- Office phone:
- (610) 866-4423
Taxes
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Tax ID Number:14516040006
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Tax Year:2025
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Tax Annual Amount:$4,257.32
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Tax Assessed Value:$13,000
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Year Assessed:2024
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School Tax:1922.04
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County Tax:1169.74
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City/Town Tax:555.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Microwave, Refrigerator
Schools
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Elementary School:Prescott
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Middle School:West Scranton
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High School:SCRANTON
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School District Name:Scranton
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Off Street, On Street
Extra Units
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# of Units:2
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/26/25
Apr 26, 2025
|
Listed / Active | BRIGHT | $285,000 |