#PM-131656, Listing Office: CENTURY 21 Ramos Realty, Inc.
848 Capouse Ave Scranton, PA 18509
Property details
About 848 Capouse Ave
SHOWINGS BEGIN WEDNESDAY 4/30. QUADRUPLEX! CALLING ALL INVESTORS - Fully Rented 4-Unit with Under Market Rents and Major Upside! Turnkey Income + Future Growth! Welcome to a rare 4-unit investment opportunity in Scranton's highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value. Current gross rental income: $38,100/year Projected market rent: $46,800/year Potential cap rate boost from 11.5% to 14.6%! Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highways Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
Highlights
Summary
- Appliances: Refrigerator, Microwave
- Basement: Yes
- Private Pool: No
- Architectural Style: See Remarks
- Heating: Baseboard, Electric
- Cooling: None
- List Price: $285,000
- Price/SqFt: $109
- Annual Tax Amount: $3,895
- Tax Year: 2024
- Year Built: 1973
- Living Area: 2,600 SqFt
- Lot Size: 0.14 Acres
- MLS Number: PM-131659
- MLS Name: PoconoMountains
- Office Name: CENTURY 21 Ramos Realty, Inc.
- Office Phone: (508) 255-9797
The data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
848 Capouse Ave
$3,384
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 28, 2020 | Home Sold | $105,000 |
Oct 14, 2014 | Home Sold | $102,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $13,000 | $3,895 |
2023 | $13,000 | $3,895 |
2022 | $13,000 | $6,499 |
2021 | $13,000 | $6,430 |
2020 | $13,000 | $3,740 |
2019 | $13,000 | $3,519 |
2018 | $13,000 | $3,519 |
2017 | $13,000 | $3,458 |
History based on county public records data.
Nearby schools
4
John Adams Elementary School
Public District KG-4
0.1 mi
•927 Capouse Ave
4
William Prescott Elementary School
Public District KG-4
1.0 mi
•Prescott Avenue & Myrtle St
5
Charles Sumner Elementary School
Public District PK-4
1.1 mi
•North Sumner Ave & Swetland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,043. Most Scranton, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 848 Capouse Ave in Scranton, PA and zip code 18509 in the Pine Brook neighborhood. This 2,600 square foot home, which was built in 1973, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $285,000.