Prime Investment Opportunity - Turnkey Two-Unit Property This fully turnkey, two-unit investment property offers an outstanding opportunity for investors seeking steady cash flow and immediate returns. With a remarkable 10.8 cap rate, this property is ideal for building or expanding your real estate portfolio.Property Highlights: Unit 1: Currently occupied by reliable tenants, providing consistent rental income. Unit 2: Vacant and ready for occupancy, allowing flexibility for an owner-occupant or quick leasing. Utilities: Completely split for both units, minimizing landlord responsibilities and simplifying management. Turnkey Condition: Both units are well-maintained and require no immediate updates, ensuring a hassle-free investment.Upgrades: New Paint, New Carpet, New appliances in left side including: Refrigerator, Stove and Dishwasher. Baker WaterProofed Basement (warranty is transferable) New Gutters, Electric upgrades and New Chimney liner. Whether you're looking to live in one unit while earning rental income from the other or seeking a fully income-generating property, this versatile investment delivers exceptional value. With strong rental demand and great cash flow potential, this property won't stay on the market long!Contact us today to schedule a showing and secure your next investment.
Sold for $255,500
$255,500
2026-2028 Margaret Ave, Scranton, PA 18508
6beds
2,258sqft
Multi Family, Duplex
Built in 1925
-- sqft lot
$-- Zestimate®
$113/sqft
$1,599 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,599/mo
Zestimate® history
Owner options
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$1,698/mo
Est. payment
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List your homeWhat's special
New paintWaterproofed basementNew guttersNew carpetNew appliances
Zillow last checked:
Listing updated:
Listed by:
Christine Ives Polizzi,
EXP Realty LLC
Bought with:
Michael Turlip, RS358158
REALTY NETWORK GROUP
Source: GSBR as distributed by MLS GRID,MLS#: SC250382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Refrigerator, Other, Electric Oven
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Basement: Unfinished
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,258
- Total interior livable area: 2,258 sqft
- Finished area above ground: 2,258
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Garage, Off Street, On Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Stories: 2
- Exterior features: Private Yard
- Pool features: None
- Spa features: None
- Fencing: Back Yard,Wood,Fenced
Lot
- Size: 7,405 Square Feet
- Dimensions: 47 x 160
Details
- Parcel number: 13505030011
- Zoning: R1
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex Side by Side
- Property subtype: Multi Family, Duplex
Materials
- Attic/Crawl Hatchway(s) Insulated
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $14,000
- Annual tax amount: $3,696
- Date on market: 1/29/2025
- Cumulative days on market: 8 days
- Inclusions: Refrigerator, Stove and Dishwasher- All seller owned appliances
- Exclusions: Washer and Dryer.
- Tenant pays: All Utilities
- Income includes: Rent Only
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $255,500+11.6%$113/sqft |
Source:  GSBR as distributed by MLS GRID #SC250382 Report a problem | ||
| 2/5/2025 | Pending sale | $229,000$101/sqft |
Source: GSBR as distributed by MLS GRID #SC250382 Report a problem | ||
| 1/29/2025 | Listed for sale | $229,000+34.7%$101/sqft |
Source: GSBR as distributed by MLS GRID #SC250382 Report a problem | ||
| 4/20/2022 | Sold | $170,000+13.7%$75/sqft |
Source: GSBR as distributed by MLS GRID #22403 Report a problem | ||
| 2/16/2022 | Pending sale | $149,500$66/sqft |
Source: GSBR as distributed by MLS GRID #22-403 Report a problem | ||
| 2/8/2022 | Listed for sale | $149,500+28.9%$66/sqft |
Source: GSBR as distributed by MLS GRID #22-403 Report a problem | ||
| 12/24/2007 | Sold | $116,000+21.6%$51/sqft |
Source: Public Record Report a problem | ||
| 10/12/2006 | Sold | $95,400$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,538 +9.4% | $14,000 |
| 2024 | $4,149 | $14,000 |
| 2023 | $4,149 +150.3% | $14,000 |
| 2022 | $1,658 | $14,000 |
| 2021 | $1,658 -56.5% | $14,000 |
| 2020 | $3,812 +1.7% | $14,000 |
| 2018 | $3,747 +227.4% | $14,000 |
| 2017 | $1,145 | $14,000 |
| 2016 | -- | $14,000 |
| 2015 | -- | $14,000 |
| 2014 | $2,768 | $14,000 |
| 2013 | -- | $14,000 |
| 2012 | -- | $14,000 |
| 2011 | -- | $14,000 |
| 2010 | -- | $14,000 |
| 2009 | -- | $14,000 |
| 2008 | -- | $14,000 |
| 2007 | -- | $14,000 |
| 2006 | -- | $14,000 |
| 2005 | -- | $14,000 |
| 2004 | -- | $14,000 |
| 2003 | -- | $14,000 |
| 2002 | -- | $14,000 |
| 2000 | -- | $14,000 |
Find assessor info on the county website
Neighborhood: Providence
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Nearby schools
GreatSchools rating
- 6/10Neil Armstrong #40Grades: K-4Distance: 0.6 mi
- 5/10Scranton High SchoolGrades: 7-12Distance: 1.7 mi
- 3/10Northeast Intermediate SchoolGrades: 5-8Distance: 1.8 mi
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- Pennsylvania
- Lackawanna County
- Scranton
- 18508
- Providence
- 2026-2028 Margaret Ave
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