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    OFF-MARKET
    Investment properties

    2328 Pittston Ave, Scranton, PA 18505-3212

    0.21 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US73-5770822
    Property summary
    AI-generated overview

    This Scranton, PA mixed-use property at 2328 Pittston Ave, zip code 18505, offers a unique investment opportunity. The building boasts 2,411 square feet and is situated at a high-traffic intersection providing excellent visibility. The main level features approximately 1,000 square feet of commercial space, previously a flower shop, presenting significant income potential (buyers should verify permitted uses with city zoning). Above the commercial space are two separate apartments, each a one-bedroom, one-bathroom unit complete with a kitchen, dining room, and living room, providing additional rental income streams. The property includes convenient off-street parking and a lower level offering ample storage space, further enhanced by the presence of two large walk-in coolers. This delightful location in Lackawanna County presents a compelling chance to capitalize on existing income streams and explore new entrepreneurial ventures. The asking price is $209,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 0.21 ac (9,000 SF)
    APN 16714010042
    UPID US73-5770822
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • William Edward Florist (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Alcarm LLC · 1 yrs held
    Alcarm LLC
    since 2024
    Last sale
    $200,000
    2 recorded transactions
    2024
    $200,000
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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