509-513 Beech Street, Scranton, PA 18505 (MLS# 25-3007)

509-513 Beech Street, Scranton, PA 18505

$930,000

Property Type: Residential Income Square Footage: 7,994 Status: Active

Current Price: $930,000 List Date: 10/07/2025 Last Modified: 10/13/2025

Description

Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential.

Supplements: 509 Beech Street features 6 residential apartments and 2 street-level commercial storefronts, currently occupied by a Grocery Store and a Barber Shop. 513 Beech Street includes 4 residential apartments. Three residential units are on month-to-month leases, offering flexibility for rent adjustments or tenant updates. The buildings boast semi-modern kitchens and baths, with finished square footage totaling nearly 8,000 sq ft. Tenants cover their own electric; landlord covers electric for common areas, including laundry and exterior lighting. Water and Sewer combined billing, paid by owner. On-site parking for 10 vehicles, plus ample on-street parking. Unit 11 has 2BR 1BA $800 M-T-M Unit 12 has 1BR 1 BA $800 These properties are ideal for investors looking for reliable cash flow with value-add potential through future renovations or lease restructuring.

More Information MLS# 25-3007

Listing Information

Limited Service: No Current Price: $930,000 List Price: $930,000 List Date: 2025-06-17

Property Information

Realtor.COM Type: Multi-Family Est Age Range: 76 - 100 Yrs Lot Size: 190X50 # Spaces off-Street: 10 Parking: Off-Street Property Sub Type: Multiple Buildings Aprx Total SF: 7994

Location, Tax & Legal

Zoning: Commercial PIN #: 15619060014 DB/Record Book: 2022 Page: 15689 Total County Assmnt: 35500 Est County Tax: 223.78 Est Total Tax: 10106.16 House # (1): 509-513 Street Name: Beech Street Suffix: Street City (Post Office): Scranton State/Province: PA Zip Code: 18505 County: Lackawanna MLS Area: Misc Out of County School District: Scranton Municipality: Scranton City Develop/Subdivision: None

Remarks & Directions

Include: 10 REFRIGERATORS, 10 STOVES, COIN OPERATED 1 WASH & 1 DRYER Appliances are AS-IS. Exclude: Owner and tenants personal property. Hot Sheet Comment: price

Showing Instructions

Contact Showing Service - See Remarks: 1

Expenses

Annual Gross Income: 137700 Annual Electric Exp: 1140 Annual Gas Exp: 0 Annual Othr Fuel Exp: 0 Annual Water Exp: 15100 Annual Sewer Exp: 0 Annual Real Est Tax: 8106 Annual Fire/Liabilty: 10640 Annual Flood Ins: 0 Annual Lawn Maint.: 0 Annual Snow Removal: 0 Annual Other Misc: 1020 Total Annl Expenses: 38586 Anl Net Inc b/4 Debt: 0

Heat Fuel Type

Electric: 1 Gas: 1

Interior Finish

Drywall: 1 Paneling: 1 Plaster: 1

Heat Type

Electric Baseboard: 1 Hot Water Radiator: 1

Condition

Good: 1

AC Type

None: 1

Water

Public: 1

Exterior

Brick: 1

Sewer

Public: 1

Roof

Rubber: 1

Basement

Concrete Floor: 1 Dirt Floor: 1 Partially Finished: 1 Unfinished: 1

MF Amenities

Coin-Op Washer/Dryer: 1 Dumpster: 1 Porch: 1 Street Lights: 1

Appliances

# Ranges: 10 # Refrigerators: 10 # Washer: 1 # Dryers: 1

Unit 1 Info

Unit #: 5131 Approx SF: 551 # Rooms: 4 Monthly Rent: 850 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 Lease: Y 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 #: 5132 Approx SF: 550 # Rooms: 4 Monthly Rent: 825 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 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 #: 5133 Approx SF: 551 # Rooms: 4 Monthly Rent: 800 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 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 #: 5134 Approx SF: 540 # Rooms: 4 Monthly Rent: 700 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 5 Info

Unit #: 509 Approx SF: 1013 # Rooms: 2 Monthly Rent: 1350 # Baths: 1 Lease: Y Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 6 Info

Unit #: 509 Approx SF: 1078 # Rooms: 2 Monthly Rent: 1500 # Baths: 1 Lease: Y Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 7 Info

Unit #: 5091 Approx SF: 559 # Rooms: 4 Monthly Rent: 825 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 Lease: Y Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 8 Info

Unit #: 5092 Approx SF: 917 # Rooms: 7 Monthly Rent: 1275 # Bedrooms: 3 Kitchen Style: Semi-Modern # Baths: 1 Lease: Y Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 9 Info

Unit #: 5093 Approx SF: 588 # Rooms: 4 Monthly Rent: 750 # Bedrooms: 1 Kitchen Style: Semi-Modern # Baths: 1 Lease: N Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 10 Info

Unit #: 5094 Approx SF: 630 # Rooms: 5 Monthly Rent: 875 # Bedrooms: 2 Kitchen Style: Semi-Modern # Baths: 1 Lease: Y Heat in Rent: Y Hot Water in Rent: Y Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Remarks Directions

Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street.

Status Change Information

Status: Active

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Hot Water Radiator AC Type: None Condition: Good Exterior: Brick Roof: Rubber Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Basement: Concrete Floor; Dirt Floor; Partially Finished; Unfinished MF Amenities: Coin-Op Washer/Dryer; Dumpster; Porch; Street Lights

Listing Office: Abstract Realty Group

Listing Agent: Amber Donnelly

Last Updated: October - 13 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing