748 River St, Scranton, PA 18505

Turnkey six-unit investment opportunity at 746-748 River Street in Scranton! This multifamily property features four two-bedroom apartments and two one-bedroom apartments, with five of six units currently occupied and the remaining unit listed for rent at $1,100 per month. Extensive improvements completed in recent years include a new roof, new deck, foundation restoration, reinforcement of select joists, and re-insulation of all units. Five of the six apartments have been fully renovated, offering reduced maintenance needs and strong rental appeal.The full rent roll, including the currently listed vacant unit, represents $6,940 in monthly rental income, with additional tenant reimbursements of $50 per month per unit toward water. Leasing the remaining apartment offers an immediate opportunity to increase collected income. Conveniently located near downtown Scranton, employment centers, and local amenities, this property offers an appealing combination of substantial recent improvements, established tenancy, and income potential. Contact us for the complete rent roll and expense information.