400 W Market Street, Scranton, PA 18508 (MLS# SC-252111)

400 W Market Street, Scranton, PA 18508

$359,500

Property Type: Residential Income Bedrooms: 8 Baths: 4 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $359,500 List Date: 6/12/2025 Last Modified: 6/12/2025

Description

Great investment opportunity in west Scranton! This 4-unit building sits prominently on a corner lot along a high-traffic street, offering excellent visibility and accessibility. Formerly a commercial property with a bar, the building has been thoughtfully converted into four updated residential units. Each unit has been renovated in recent years and is currently leased on a month-to-month basis, providing flexibility for future plans. Additional features include off-street parking, partial utility separation, and a coin-operated washer and dryer setup that generates extra income. Don't miss this turnkey property with strong rental potential in a prime location!

More Information MLS# SC-252111

Contract Information

Current Price: $359,500 List Price: $359,500 Status: Active Listing Contract Date: 2025-05-05 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Ldo Properties LLC

Location Tax and Legal

Street Number: 400 Street Direction Prefix: W Street Name: Market Street Suffix: Street State: PA Postal Code: 18508 County: Lackawanna

General Property Information

Number Of Units Total: 4 Bedrooms Total: 8 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 4722 Living Area: 4722 Enhanced Accessible: No Year Built: 1940 Year Built Source: Estimated New Construction YN: No Garage YN: No Lot Size Acres: 0.08 Lot Size Dimensions: 80X44X83X44 Waterfront YN: No Basement YN: Yes Stories: 2 Auction YN: No List Price/SqFt: 76.13

Remarks and Miscellaneous

Public Remarks: Great investment opportunity in west Scranton! This 4-unit building sits prominently on a corner lot along a high-traffic street, offering excellent visibility and accessibility. Formerly a commercial property with a bar, the building has been thoughtfully converted into four updated residential units. Each unit has been renovated in recent years and is currently leased on a month-to-month basis, providing flexibility for future plans. Additional features include off-street parking, partial utility separation, and a coin-operated washer and dryer setup that generates extra income. Don't miss this turnkey property with strong rental potential in a prime location! Exclusions: Washer & dryer and refrigerator in Unit 1. This belongs to the tenant.

Status Change Information

Major Change Timestamp: 2025-06-12T00:25:30Z Major Change Type: Back on Market Status Change Timestamp: 2025-06-11 Back on Market Date: 2025-06-11

Unit 1

Unit #: 1 Actual Rent: 775 Security Deposit $: 200 SqFt Total: 900 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Unit Remarks: MTM lease

Unit 2

Unit #: 2 Actual Rent: 775 Security Deposit $: 400 SqFt Total: 700 Baths Total: 1 Beds Total: 1 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Unit Remarks: MTM lease

Unit 3

Unit #: 3 SqFt Total: 1100 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Vacant

Unit 4

Unit #: 4 Actual Rent: 1250 Security Deposit $: 2500 SqFt Total: 1300 Baths Total: 1 Beds Total: 3 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Unit Remarks: MTM lease

Unit Details

1 Bedroom: 2 3 Bedroom: 2

Property Features

Basement: Unfinished Flooring: Luxury Vinyl Owner Pays: See Remarks Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Listing Office: LUXE Homes Real Estate LLC

Last Updated: June - 12 - 2025

Information deemed reliable but not guaranteed.