1055-1057 Lincoln St, Scranton, PA 18519

*11++ CAP RATE OPPORTUNITY*This well-maintained, owner & tenant fully-occupied multifamily offers both new and seasoned investors loads of opportunity.There are 3 distinct units: a fully renovated first floor 1/1, ready to impress your future tenant; a first floor 3/1 that is 85 percent renovated, giving you room to increase its current market rent value simply by adding new appliances and kitchen cabinets; and though in move-in ready condition, the 2nd floor 2/1 unit is still awaiting its full makeover...should you wish.Each unit benefits from separated electric and gas utilities maximizing operational efficiency. Take note that current market rent values for these units will put this property's cap rate well above 11 immediately! The low-maintenance exterior provides a beautifully manicured courtyard that adds curb appeal and creates a welcoming atmosphere for occupants. Parking will never be an issue with off-street spaces for up to seven vehicles plus an oversized two-car garage (Heads up: the garage roof needs a replacement--so please no FHA/VA financing offers)Located near major commuting routes, the property is just minutes from dining, groceries, big box stores, entertainment venues, medical facilities, and most any daily amenities. This triplex is a winning combination for anyone's real estate portfolio, or to just off-set your own mortgage with 2 rental incomes coming in. There's plenty of room to play it here, so run the numbers...and combine its immediate rental income opportunity with the potential for appreciation through strategic renovations and quickly realize those maximized returns!