$359,999
PENDING

719 Cedar Ave Scranton, PA 18505

South Side Neighborhood

Estimated payment $2,320/month

Total Views 9,267
9 Beds
4.5 Baths
4,138 Sq Ft
$87 Price per Sq Ft

About This Home

Fully Rented, Turnkey, 4-Unit Investment Property in South Scranton. This well-maintained, income-producing property offers strong cash flow. All four units were tastefully renovated in 2021. Major upgrades include new hot water heaters, and recently serviced boilers for added peace of mind. Tenants are responsible for their own electric and gas, keeping owner expenses low. The front building features a partially metal roof and private balconies overlooking a spacious backyard and scenic community garden. Multiple driveways provide ample off-street parking. A solid investment opportunity with dependable rental income and strong tenant appeal!

Listing Agent

Alyssa Mackiw

EXP Realty LLC License #RS366528 Listed on: 05/27/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1930

Lot Details

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

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 15615030005
  • Tax Block 70
  • $11,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: Head northeast on I-81 N, take exit 185 to merge onto President Biden Expy, take the exit toward Steamtown, slight left onto Cedar Ave.
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 4138
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1626.33
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Has Basement: Unfinished
  • Number Of Buildings: 2
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Metal
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: N
  • Lot Dimensions: 40X150
  • Parcel #: 15615030005

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Insurance, Taxes, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3981.16
  • Tax Block: 70
  • Tax Book Number: 0906/0200
  • Tax Other Annual Assessment Amount: 11000

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 48600
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
06/30/2025 06/30/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $359,999 -- $87 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC252529

Greater Scranton Board of REALTORS®

Pennsylvania Lackawanna County Scranton 18505 South Side

719 Cedar Ave, Scranton, PA

This home is located at 719 Cedar Ave, Scranton, PA 18505 and is currently priced at $359,999, approximately $86 per square foot. This property was built in 1930. 719 Cedar Ave is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

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.

Nearby Homes
Alyssa Mackiw
Listing Agent
Alyssa Mackiw
Section Image
EXP Realty LLC
(272) 777-0865