$820,000

527 Cedar Ave Scranton, PA 18505

South Side Neighborhood

Estimated payment $5,121/month

Total Views 2,726
7 Beds
6 Baths
5,685 Sq Ft
$144 Price per Sq Ft

Highlights

  • Living Room
  • Enhanced Accessible Features
  • Dining Room

About This Home

6 UNITS! 2 Store fronts currently a barber shop and salon shop. 2nd floor has 3 residential units. 3rd floor (penthouse) 1 large unit. Property is in good condition with good visibility and traffic count. Great downtown Southside location with alley access in rear and off street parking for 3rd floo

Listing Agent

Sherrie Miller

Keller Williams Real Estate-Clarks Summit License #RM423823 Listed on: 05/12/2025

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150

Interior Spaces

  • 5,685 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Enhanced Accessible Features
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 15616020002
  • Tax Block 30
  • $16,000 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $5,077
  • Water Sewer Expense $1,500
  • Gross Income $93,000
  • Net Operating Income $79,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Cedar Avenue across from Citizens Savings Bank
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 5685
  • Garage Yn: No
  • New Construction: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 2365.58
  • EnhancedAcccessible: Yes
  • WaterExpense: 1500.00
  • SewerExpense: 1500.00
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Waterfront: No

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: CN
  • Current Use: Commercial, Residential
  • Land Lease: No
  • Lot Dimensions: 40X150
  • Parcel #: 15616020002
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 5747.88
  • Tax Block: 30
  • Tax Book Number: 200710826
  • Tax Other Annual Assessment Amount: 16000

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 93000
  • Insurance Expense: 5077

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 For Sale $820,000 -- $144 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC254463

Greater Scranton Board of REALTORS®
Pennsylvania Lackawanna County Scranton 18505 South Side

527 Cedar Ave, Scranton, PA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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Sherrie Miller
Listing Agent
Sherrie Miller
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Keller Williams Real Estate-Clarks Summit
(272) 888-0381