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1106 E Gibson Street, Scranton, PA 18510

$350,000
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Property Type: Residential Income Square Footage: 2,200 Status: Closed
Current Price: $350,000 List Date: 8/30/2024 Last Modified: 7/25/2026

Overview

Description

Fantastic investment opportunity! This well-maintained 4-plex offers a desirable mix of units and a solid rental history. Featuring two 2-bedroom, 1-bath units, one 3-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, this property caters to various tenant needs.

Listing Details MLS# 24-4266

Location, Tax & Legal

House # (1)
1106
Street Direction Pfx
E
Street Name
Gibson
Street Suffix
Street
City (Post Office)
Scranton
State/Province
PA
Zip Code
18510
County
Lackawanna
MLS Area
Misc Out of County
School District
Scranton
Municipality
Scranton City
Develop/Subdivision
None

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Style
3 or More Units
Aprx Total SF
2200
Est Age Range
51 - 75 Yrs

Remarks Directions

Directions
Exit 1 merge onto PA-347 E continue onto US-11 N:toward Scranton Turn left onto E Gibson St

Status Change Information

Under Contract Date
2024-08-29
Sold Date
2025-02-19

Expenses

Annual Gross Income
39000
Annual Water Exp
4800
Annual Real Est Tax
9541
Annual Fire/Liabilty
3000

More Information

Appliances

# Ranges
3
# Refrigerators
3

Unit 1 Info

Unit #
Yes
Approx SF
650
# Rooms
5
Monthly Rent
600
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
3
Approx SF
725
# Rooms
5
Monthly Rent
900
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
2
Approx SF
740
# Rooms
5
Monthly Rent
900
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
750
# Rooms
6
Monthly Rent
850
# Bedrooms
3
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Property Features

Heat Fuel Type: Gas Heat Type: Other - See Remarks AC Type: Window Units Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Partial; Unfinished MF Amenities: Deck; Porch
Listing Office: LUXE Homes Real Estate
Listing Agent: Jennifer McMonigle-Jakubczyk
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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