ADDRESS
1004 King Street
Alexandria, VA 22314
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
8 UNITS LEASED- Prime Turnkey Investment Opportunity – 12-Unit Multifamily in Scranton, PA A newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset. Strategically located in a desirable rental market, this property is already 70% occupied with strong leasing potential. Each unit has been fully modernized, featuring brand-new appliances, granite countertops, and updated flooring, ensuring long-term tenant appeal. The building also includes on-site laundry facilities, individual mailboxes, and a secure entry system to enhance convenience and security. With a 6.78% cap rate, this property offers: Turnkey Condition – No immediate capital expenditures required Strong Rental Demand – Positioned for full occupancy with competitive market rents High-End Finishes – Granite countertops and modern appliances for durability and style Tenant Amenities – Washer & dryer in the building, secure mailboxes, and updated common areas Strategic Location – Close to major employers, universities, hospitals, and transit This is an excellent opportunity to acquire a fully upgraded, income-generating asset with room for upside as occupancy increases. Contact us today for financials and to schedule a private tour!
a month ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
2 months ago | Listing first seen on site |
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