829 Monroe Avenue, Scranton, PA 18510 (MLS# 26-1054)

829 Monroe Avenue, Scranton, PA 18510

$924,000

Property Type: Residential Income Square Footage: 5,376 Status: Active

Current Price: $924,000 List Date: 3/15/2026 Last Modified: 3/27/2026

Overview

Description

Located in the Hill section of scranton this victorian style 7 unit, 9.5 CAP, multi family building is within walking distance to hospitals and colleges. It has been completely renovated down to the studs along with utility upgrades, plumbing etc then finished with granite counters and tiled baths in each apartment. Additionally this cash flowing investment features completely separated utilities.

Supplements: 6 of the units are rented and the last is currently on the market. while used for long term rentals today, Its close proximity to colleges and large hospitals beg the question if this property could have an enhanced ROI by focusing on short term/furnished rentals. Regardless of your investment strategy, all the hard work has already been done. Text ... (Read more)

Listing Details MLS# 26-1054

Location, Tax & Legal

House # (1): 829
Street Name: Monroe
Street Suffix: Avenue
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
House # (2): 831
Zoning: Commercial
PIN #: 1467001004
DB/Record Book: R043
Page: 6699
Total County Assmnt: 340610
Est County Tax: 1877
Est Total Tax: 5545

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5376
Est Age Range: 100 Plus Yrs
Parking: On-Street

Remarks Directions

Directions: Start on Monroe Avenue near the University of Scranton campus.Head south on Monroe Ave. Continue straight for several blocks. pass gibson st property on left

Expenses

Annual Gross Income: 99000
Annual Electric Exp: 900
Annual Real Est Tax: 5545
Annual Fire/Liabilty: 2342
Total Annl Expenses: 8787
Anl Net Inc b/4 Debt: 90213
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 0
Annual Garbage Remvl: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0

More Information

Appliances

# Ranges: 7
# Refrigerators: 7

Unit 1 Info

Unit #: Yes
Approx SF: 900
# Rooms: 6
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 2 Info

Unit #: 2
Approx SF: 750
# Rooms: 5
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Monthly Rent: 0

Unit 3 Info

Unit #: 3
Approx SF: 690
# Rooms: 6
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 4 Info

Unit #: 4
Approx SF: 690
# Rooms: 5
Monthly Rent: 1250
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 5 Info

Unit #: 5
Approx SF: 670
# Rooms: 5
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 6 Info

Unit #: 6
Approx SF: 670
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 7 Info

Unit #: 7
Approx SF: 670
# Rooms: 4
Monthly Rent: 1050
# Bedrooms: Yes
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Remarks & Directions

Include: Seller owned appliances
Exclude: tenants personal belongings
Hot Sheet Comment: price

Showing Instructions

Contact Showing Service - See Remarks: Yes

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Excellent: Yes

AC Type

None: Yes

Water

Public: Yes

Exterior

Asbestos: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Basement

Concrete Floor: Yes
Full Unfinished: Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: None Condition: Excellent Exterior: Asbestos Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Concrete Floor; Full Unfinished

Listing Office: RPA Real Estate

Listing Agent: Nicholas Weckstein

Last Updated: March - 27 - 2026

Information deemed reliable but not guaranteed.

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MLS Listing