522 524 River Street, Scranton, PA 18505

Scranton
Local realty services provided by:Better Homes and Gardens Real Estate Wilkins & Associates
522 524 River Street,Scranton, PA 18505
$489,000
  • 8 Beds
  • 5 Baths
  • 7,200 sq. ft.
  • Multi-family
  • Active
Listed by: jeremy j watson
Office: six pm llc.
MLS#:PW251537
Source:PA_PWAR

Price summary

  • Price:$489,000
  • Price per sq. ft.:$67.92

About this home

Turnkey 5-Unit Investment Opportunity on River StreetFully occupied and generating over $54,600 in annual gross income, this well-maintained 5-unit complex is a strong, cash-flowing asset. Four of the five units have been extensively upgraded with modern kitchens featuring granite countertops and new appliances, updated flooring, fresh paint, and remodeled bathrooms--providing quality living spaces tenants appreciate.Each unit is separately metered, with tenants responsible for their own electric (including heat and hot water). Water is sub-metered and can be billed back, optimizing your utility cost management. The building offers coded front and rear entry for both security and ease of access.Additional highlights include a large backyard and rear off-street parking for tenant convenience.Bonus Value-Add Potential:Unlock even more income with the property's expansive walk-up attic, offering the perfect canvas for future apartment conversions, premium storage units, or creative...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1919
  • Listing ID #:PW251537
  • Added:340 day(s) ago
  • Updated:April 29, 2026 at 02:09 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Kitchen Description:Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Heated, Unfinished
  • Living area:7,200 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(S)
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1919
  • Building area:7,200 sq. ft.
  • Lot area:0.16 Acres
  • Exterior Features:Balcony, Private Yard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,000
  • Price per sq. ft.:$67.92
  • Tax amount:$7,129 (2024)

Features and amenities

  • Appliances:Electric Oven, Microwave, Refrigerator

Parking

  • Parking description:Off street, On Street
Copyright 2026 Pike Wayne MLS. All rights reserved. Listings courtesy of Pike Wayne MLS MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. Pike Wayne MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Pike Wayne MLS MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Pike Wayne MLS.

New listings near 522 524 River Street