1212 Mulberry St, Scranton, PA 18510

This exceptional mixed-use, multifamily property, located at 1212 Mulberry St, Scranton, PA 18510, presents a compelling investment opportunity. The 5,569 square foot building, constructed in 1950, sits on a 0.065-acre lot and is zoned 0-19. Currently configured as student housing, the three-story building offers significant potential for redevelopment or renovation. Its strategic location within Scranton University territory ensures high demand and strong rental income potential. The property's proximity to popular local establishments, such as Goodfellas, contributes to a vibrant and desirable neighborhood with high foot traffic. The asking price is $1,195,000, translating to $214.58 per square foot. This represents a unique chance to acquire a valuable asset in a bustling, high-demand area near the university and local amenities, ideal for a modern student-focused development. The property's location in Lackawanna County offers easy access to campus and various conveniences. This is a rare opportunity to capitalize on the strong student housing market in Scranton.