304-306 Phelps Street
Property Description
Perfect fit for investors looking to add value with current rental income flowing. Located at 304 Phelps Street in Scranton, this up-and-down duplex features gas heat and is fully rented with both tenants renting on a month-to-month basis. The upstairs unit rents for 1,080 per month, while the downstairs rents for 1,120 per month, totaling 2,200 in monthly gross rental income, or 26,400 annually at current rents. The downstairs unit is in need of repairs and improvements, and the upstairs could benefit from updating, creating an opportunity to enhance the property over time. Whether you're starting your rental portfolio or expanding it, this duplex offers existing income and renovation potential. NO SHOWINGS UNTIL OPEN HOUSE SATURDAY OCTOBER 10TH 1-3PMAll measurements are approximate. Taxes and Zoning to be verified by buyer.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $140,000 |
| No. of Units: | 2 |
| Year Built: | 1900 |
| Lot Size: | 1,408.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $70,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-GSBRPA-SC264976
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