03
OCT
OCT
$930,000
Scranton, PA 18505
MLS# 25-3007
Status: Closed
7994 sqft
1 / 65
Property 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.
Details
Maps
Listing Information
Current Price: $930,000
List Price: $930,000
List Date: 2025-06-17
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Aprx Total SF: 7994
Est Age Range: 76 - 100 Yrs
Lot Size: 190X50
# Spaces off-Street: 10
Parking: Off-Street
Location Legal Taxes
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
Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street.
Status Change Information
Status: Closed
Under Contract Date: 2026-01-17
Sold Date: 2026-01-27
Expenses
Annual Gross Income: 137700
Annual Electric Exp: 1140
Annual Water Exp: 15100
Annual Real Est Tax: 8106
Annual Fire/Liabilty: 10640
Annual Other Misc: 1020
Total Annl Expenses: 38586
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
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
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.
Listing Office: Abstract Realty Group
Listing Agent: Amber Donnelly
Last Updated: February - 04 - 2026
Information deemed reliable but not guaranteed.
