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South Scranton Triplex Investment Opportunity

433 WILLOW ST Scranton, PA 18505

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Well-maintained three-unit property in South Scranton with updated utilities.

Type:Multifamily
Property size:
2,200 SF
Price / SF:
$131/SF
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
May 27 at 8:17 am

Property Features for 433 WILLOW ST

General Information

Standard status
Active
Size
2,200 SF
Property subtype
Multifamily

Building Details

Year Built
1920

Listing office ERA One Source Realty

Listing date May 21, 2026

Source Crexi

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 ERA One Source Realty


Investment Insights

Based on property information with market context.

Located in the heart of South Scranton, this well-maintained three-unit property presents a significant investment opportunity. The property features updated and separated utilities, offering convenience and efficiency with separate utilities for each unit. Two units are currently rented, providing immediate income. One vacant unit offers an opportunity for an owner-occupant or additional rental income. Updated utilities throughout include two newer water heaters. The property has been well cared for over the years. The building has a residential area of 2,010 square feet. The property is conveniently located close to shopping, restaurants, schools, and downtown Scranton. The property size is 2,200 square feet.

Key Highlights

  • Separated Utilities: Each unit has its own utilities.
  • Income Potential: Two units are currently rented, providing immediate income.
  • Owner‑Occupant Opportunity: One vacant unit allows for immediate occupancy.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.7k $12.60
− Vacancy −$1.8k −$0.82
EGI $25.9k $11.78
− OpEx −$7.8k −$3.53
NOI $18.1k $8.25
2,200 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$259.2K
$226.8K – $302.4K (±1% cap)
NOI $18,143 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K (±1% cap)
NOI $16,961 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$558.4K
$488.6K – $651.5K (±1% cap)
NOI $39,088 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Garden Center Carpet & Flooring Store Locksmith Pet Grooming Service Home Appliance Store Nursing Home Restaurant Butcher (Bike/Boat/Book/etc) Store Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained three-unit property in South Scranton with updated utilities.
Where is this triplex located?
The property is located at 433 WILLOW ST Scranton, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Separated Utilities: Each unit has its own utilities.; Income Potential: Two units are currently rented, providing immediate income.; Owner‑Occupant Opportunity: One vacant unit allows for immediate occupancy.
Contact an agent
(570) 510-5840 Call to check price and availability
More about this property
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