Five-Unit Mixed-Use
For Sale
$200,000
1501 1503 N Lincoln Avenue, Scranton, PA 18508
Five apartments and a ground-floor storefront occupy a double-lot property with rear alley access.
Property Size6,384 SF
Days on Market11
Property Features for 1501 1503 N Lincoln Avenue
General Information
Standard status
Active
Size
6,384 SF
Property subtype
Multi Family
Property Condition
Severity
Major Repairs Needed
Evidence
Condemned
Units
Multifamily Units
5
Individually Metered Utilities
electricity
Additional Details
Mixed-Use Components
residential, retail
Taxes and HOA fees
Annual Taxes
$7,114
Building Details
Building Size
6,384 SF
Year Built
1940
Listing Agency:
Iron Valley Real Estate Greater Scranton
Listed By:
Jennifer Golden
(570) 881-0579
Source:
Luxehomesnepa
Added: Oct 24
Changed: Nov 1
Last Checked: Nov 1 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate Greater Scranton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains five apartments and a storefront. Most apartments have laundry hookups, and the electrical system appears newer. Each unit has separate electric service, which also provides heat. The building dates to 1940 and is condemned; the sale is cash only.
The property sits across from Neil Armstrong Elementary School in North Scranton, Scranton, Pennsylvania. A rear alley provides access to the double lot.
The property sits across from Neil Armstrong Elementary School in North Scranton, Scranton, Pennsylvania. A rear alley provides access to the double lot.
Key Highlights
- Five apartments and one storefront
- Double lot with rear alley access
- Most apartments have laundry hookups
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 18508, PA
11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five apartments and a ground-floor storefront occupy a double-lot property with rear alley access.
Where is this mixed-use property located?
The property is located at 1501 1503 N Lincoln Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Five apartments and one storefront; Double lot with rear alley access; Most apartments have laundry hookups
