1820 Sanderson Avenue, Scranton, PA 18509 (MLS# SC-252668)
1820 Sanderson Avenue, Scranton, PA 18509
$599,995
Property Type:
Residential Income
Bedrooms:
8
Baths:
6
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$599,995
List Date:
6/03/2025
Last Modified:
6/03/2025
Description
This 6-unit mixed-use property offers an excellent opportunity to own a high-yield, low-maintenance income asset in a desirable area. The building features four spacious 2-bedroom apartments, each with separate utilities, and commercial storefronts—ideal for long-term tenants and steady cash flow.
A new coin-operated laundry on-site provides an additional income stream and added convenience for tenants.
At full occupancy, this property will gross over 80,000 per year, with low property taxes maximizing your bottom line. Whether you're expanding your portfolio or investing for the first time, this property checks all the boxes.
Highlights:
4 clean, spacious 2-bedroom apartments
2 street-level commercial spaces with strong visibility
Brand-new coin-op laundry for added income
All Residential units metered separately for utilities
Low property taxes
Strong rental history in a growing area
More Information MLS# SC-252668
Contract Information
Current Price: $599,995
List Price: $599,995
Status: Active
Listing Contract Date: 2025-06-02
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: 308 Hyde Park LLC
Location Tax and Legal
Street Number: 1820
Street Name: Sanderson
Street Suffix: Avenue
State: PA
Postal Code: 18509
County: Lackawanna
General Property Information
Number Of Units Total: 6
Bedrooms Total: 8
Bathrooms Total: 6
Bathrooms Full: 6
Above Grade Finished Area: 6877
Living Area: 6877
Enhanced Accessible: No
Year Built: 1940
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Lot Size Acres: 0.1
Lot Size Dimensions: 30X104X34X90
Waterfront YN: No
Basement YN: Yes
Stories: 3
Auction YN: No
List Price/SqFt: 87.25
Remarks and Miscellaneous
Public Remarks: This 6-unit mixed-use property offers an excellent opportunity to own a high-yield, low-maintenance income asset in a desirable area. The building features four spacious 2-bedroom apartments, each with separate utilities, and commercial storefronts—ideal for long-term tenants and steady cash flow.
A new coin-operated laundry on-site provides an additional income stream and added convenience for tenants.
At full occupancy, this property will gross over 80,000 per year, with low property taxes maximizing your bottom line. Whether you're expanding your portfolio or investing for the first time, this property checks all the boxes.
Highlights:
4 clean, spacious 2-bedroom apartments
2 street-level commercial spaces with strong visibility
Brand-new coin-op laundry for added income
All Residential units metered separately for utilities
Low property taxes
Strong rental history in a growing area
Inclusions: Coin operated laundry equipment
Status Change Information
Major Change Timestamp: 2025-06-03T01:01:25Z
Major Change Type: New Listing
Status Change Timestamp: 2025-06-02
Unit 1
Unit #: Front Storefront
Actual Rent: 1750
SqFt Total: 1500
Baths Total: 1
Dining Room YN: No
Kitchen YN: No
Occupied YN: Yes
Unit 2
Unit #: Rear Commercial
SqFt Total: 1000
Baths Total: 1
Dining Room YN: No
Kitchen YN: No
Unit 3
Unit #: Apt 1
SqFt Total: 1250
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Unit 4
Unit #: Apt 2
Actual Rent: 750
SqFt Total: 1250
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit 5
Unit #: Apt 3
Actual Rent: 1250
SqFt Total: 1250
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit 6
Unit #: Apt 4
SqFt Total: 1250
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit Details
Storefront: 2
Property Features
Basement: Unfinished
Listing Office: The Hub Real Estate Group Scranton
Last Updated: June - 03 - 2025
Information deemed reliable but not guaranteed.