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Property profile

2328 Pittston Ave Scranton, PA 18505

OFF-MARKET
Investment properties
Property ID
US73-5770822
View Sample
0.21 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$200,000
2 recorded transactions
2024
$200,000
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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