About This Home

This 6-bedroom, 2-bathroom residential multi family at 428 Railroad Avenue in Scranton, PA is listed for $165,000 ($103 per sqft). Built in 1954, the home offers 1,600 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1954
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
2 full
1954

Amenities

A/C
Listing Description

Turnkey investment opportunity in Scranton, PA! This 2-unit multifamily property features two, 3-bedroom, 1-bathroom units and is currently generating rental income with one unit occupied. The vacant unit offers immediate flexibility to maximize cash flow from day one.This property has been updated with new flooring, water hearer, and new roof, giving the next owner peace of mind and minimized near-term capital expenditure.

Units have separate electric meters, keeping utility costs the responsibility of tenants and protecting your bottom line.Conveniently located in Scranton, with easy access to major employers, universities, downtown amenities, and I-81. Whether you're a seasoned investor or first-time buyer, this property is an ideal addition to any rental portfolio.

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

428 Railroad Avenue

Scranton, PA 18505

Property Details

Flooring

Vinyl

Construction

Wood Siding

Outdoor Features

Porch

Parking

On Street

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

Free-Standing Gas OvenRefrigeratorGas Water Heater

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 428 Railroad Avenue is listed at $165,000 ($103/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.13 acre lot, 2 stories.

This property is listed by William Pregmon.

WP

William Pregmon

Agent at Berkshire Hathaway Home Services Preferred Properties

Listed by Berkshire Hathaway Home Services Preferred Properties · Broker phone: (570) 585-1500 · View on Broker Site · Broker website

MLS# SC261842· Source: Greater Scranton Board of Realtors MLS· 182 days on PropertySimple

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

428 Railroad Avenue, Scranton, PA 18505

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