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724 Cherry Street, Scranton, PA 18505

New Listing
$234,500
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Property Type: Residential Income Square Footage: 2,752 Status: Active
Current Price: $234,500 List Date: 4/16/2026 Last Modified: 4/16/2026

Overview

Description

Excellent opportunity to own a double block investment property with solid rental potential. This side-by-side multi-family features spacious layouts in both units, offering 3 bedrooms and 1 full bath on one side, and 3 bedrooms with 1.5 baths on the other.

Supplements: Each unit provides comfortable living space with good flow and functionality, making it attractive to long-term tenants or owner-occupants looking to offset their mortgage. With some updating, this property presents a great chance to increase value and maximize rental income. Additional highlights include a detached garage for extra storage or par ... (Read more) Each unit provides comfortable living space with good flow and functionality, making it attractive to long-term tenants or owner-occupants looking to offset their mortgage. With some updating, this property presents a great chance to increase value and maximize rental income. Additional highlights include a detached garage for extra storage or parking, plus a walk-up attic offering potential for additional living space or future expansion. Whether you're looking to expand your portfolio or start investing, this property combines size, flexibility, and upside potential in one appealing package.

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Listing Details MLS# 26-1632

Location, Tax & Legal

House # (1)
724
Street Name
Cherry
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
House # (2)
726
Zoning
Multi-Family
PIN #
16711060042
DB/Record Book
No
Page
No
Total County Assmnt
208930
Est County Tax
1326.9
Est Total Tax
3563.05
Tax Year
2026

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
2752
Year Built
1940
Est Age Range
76 - 100 Yrs
Garage Stalls
2
Garage Type
Detached

Remarks Directions

Directions
North on Pittston Ave, right onto Cherry St, home is on the 7th block on your right

Unit 1 Info

Unit #
724
Approx SF
1376
# Rooms
6
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Monthly Rent
0

More Information

Unit 2 Info

Unit #
726
Approx SF
1376
# Rooms
6
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
2
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y
Monthly Rent
0

Remarks & Directions

Include
remaining contents of home and garage, and most appliances in as-is condition
Exclude
washer/dryer on 726 side (left side)
Hot Sheet Comment
new

Expenses

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

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Paneling
Yes
Plaster
Yes

Heat Type

Hot Water Radiator
Yes

Condition

Fair
Yes

AC Type

Wall Units
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Concrete Floor
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator AC Type: Wall Units Condition: Fair Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall; Paneling; Plaster Water: Public Sewer: Public Basement: Concrete Floor
Listing Office: Wychock Real Estate, LLC
Listing Agent: Annie Ritsick-Fox
Last Updated: April - 16 - 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.


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Shavertown, PA 18708

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Blakeslee, PA 18610

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