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316-320 Taylor Avenue, Scranton, PA 18510

$2,400,000
123A8217_8_9Balanced-Edit 123A8220_1_2Balanced-Edit 123A8211_2_3Balanced-Edit 123A8208_09_10Balanced-Edit Apt Building Foyer Apt Foyer House - Bedroom 1 House - Bedroom 2 House - Bedroom 3 House - Bedroom 4 House - Bedroom four House - Bedroom one House Bedroom two House - Foyer House - Full Bath House - Full Bathroom House - Kitchen (1) House - Kitchen House - Living Room (1) House - Living Room Stairwell Unit 1 Balcony Unit 1 Bathroom (1) Unit 1 Bathroom Unit 1 Bedroom 1 Unit 1 bedroom 2 Unit 1 bedroom 3 Unit 1 Bedroom three Unit 1 bedroom two Unit 1 Kitchen (1) Unit 1 kitchen Unit 1 living room (1) Unit 1 living room Unit 2 Bedroom 1 Unit 2 Bedroom 2 Unit 2 Kitchen (1) Unit 2 Kitchen Unit 2 Living Room
Property Type: Commercial Sale Square Footage: 23,976 Status: Active
Current Price: $2,400,000 List Date: 7/20/2025 Last Modified: 10/27/2025

Description

Introducing an exceptional investment opportunity at 19 Unit in Scranton located at 316-320 Taylor Ave, Scranton, PA 18510. This turn-key 19-unit, 54-bedroom multifamily asset offers a versatile income stream ideal for various rental strategies, including student housing, traveling nurses, Airbnb, or traditional multifamily setups. Boasting a high occupancy rate and strong cash flow from day one.

More Information MLS# 25-3593

Listing Information

For Sale: Y Limited Service: No Current Price: $2,400,000 List Price: $2,400,000 List Date: 2025-07-20

Property Information

Realtor.COM Type: Commercial SqFt Office: 0 SqFt Warehouse: 0 Lot Size: 12632 Garage Stalls: 0 Year Built Age: 76 - 100 Yrs # Spaces Off-Street: 7 # of Docks: 0 Environmental Survey: N Property Sub Type: Business Aprx Total SF: 23976

Location, Tax & Legal

Zoning: Multi-Family PIN#: 15709020005 DB/Record Book: 202120488 Page: 202120488 Appeal Pending: No Total County Assmnt: 42000 Est County Tax: 3779.16 Est Total Tax: 13417.1 House # (1): 316-320 Street Name: Taylor Street Suffix: Avenue City (Post Office): Scranton State/Province: PA Zip Code: 18510 MLS Area: Misc Out of County County: Lackawanna Municipality: Scranton City Develop/Subdivision: None School District: Other - See Remarks

Remarks & Directions

Hot Sheet Comment: price

Income & Expenses

Annual Gross Inc: 356532 Annual Tot Expenses: 119283

Heat Fuel Type

Gas: 1

Heat Type

Steam: 1

Condition

Good: 1

AC Type

Window Units: 1 None: 1

Hot Water

Gas: 1

Water

Public: 1

Exterior

Brick: 1

Sewer

Public: 1

Roof

Rubber: 1

Property Features

Basement: 1 Emergency Lighting: 1 Exterior Lighting: 1 Smoke/Fire Alarm: 1 Storage - Inside: 1

Present Use

Apartments: 1

Ceiling Height

9'1' to 10': 1

Included in Sale

Building: 1 Existing Leases: 1

Remarks Directions

Directions: Head southeast on Linden St toward Kressler Ct. Turn left onto Madison Ave. Turn right onto Mulberry St. Turn right onto Taylor Ave.  Destination will be on the left

Status Change Information

Status: Active

Property Features

Heat Fuel Type: Gas Heat Type: Steam AC Type: Window Units; None Hot Water: Gas Water: Public Sewer: Public Exterior: Brick Condition: Good Roof: Rubber Property Features: Basement; Emergency Lighting; Exterior Lighting; Smoke/Fire Alarm; Storage - Inside Present Use: Apartments Ceiling Height: 9'1' to 10' Included in Sale: Building; Existing Leases
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: October - 27 - 2025
Information deemed reliable but not guaranteed.

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Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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.

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