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401 N Irving Ave

4 Unit Block of Flats £474,082 (£118,521/Unit) Scranton, PA 18510

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Executive Summary

Prime Investment Opportunity Discover this well-located four-unit investment property, just blocks from the University of Scranton, Geisinger Medical College, major hospitals, and popular shopping destinations. Perfect for both seasoned and first-time investors, this property offers significant income potential. Each unit features separate electric utilities, while the landlord currently covers heating & water costs—offering an opportunity to transition these expenses to tenants. The property just had 2 units updated with fresh paint, flooring and minor bath updates. Property also had new railings and fresh paint to the exterior done. Whether you're looking for a turn-key investment or a chance to boost income with upgrades and improvements, this property offers low overhead and high potential. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!

Property Facts

Price	£474,082	Building Class	C
Price Per Unit	£118,521	Lot Size	0.10 AC
Sale Type	Investment	Building Size	2,744 SF
No. Units	4	Number of Floors	3
Property Type	Residential	Year Built	1950
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£474,082
Price Per Unit	£118,521
Sale Type	Investment
No. Units	4
Property Type	Residential
Property Subtype	Apartment
Building Class	C
Lot Size	0.10 AC
Building Size	2,744 SF
Number of Floors	3
Year Built	1950
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.