107-109 Cherry St, Scranton, PA 18512

Discover a rare opportunity to own a highly profitable, income-generating property in the heart of Dunmore, PA! This 5-unit professionally managed multi-family property currently generates 51,100 in annual income and offers significant potential for increased revenue. With a 10-percent cap rate, room for value-add improvements, and rents below market, this is the ideal investment for both seasoned investors and those looking to grow their portfolio.This features separate utilities, ensuring lower overhead and simplified management. There are long-term tenants in place, providing consistent cash flow. Some units could benefit from updates, offering an excellent opportunity to boost rents and further increase income. Prime location in a desirable Dunmore neighborhood, close to schools, shopping, dining, and major highways. This is a well-maintained property with solid bones, offering long-term stability and income growth. Whether you're seeking immediate profitability or looking to improve and maximize income, this is an incredible opportunity. Don't miss your chance to own this high-potential, multi-family investment in a sought-after market.