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432 Taylor Ave
Scranton, PA 18510
Specialty Property For Sale
·
4,800 SF
Investment Highlights
- Fully leased for the 2026–2027 school year with $5,700 monthly rental income secured.
- Two large units with a total of 14 bedrooms and 4 bathrooms, ideal for student housing.
- Convenient access to downtown Scranton, local dining, retail, and public transportation.
- Located in Scranton’s Hill Section, within walking distance to the University of Scranton.
- Consistent history of full occupancy and strong rental demand from university tenants.
Executive Summary
432 Taylor Avenue presents a rare opportunity to acquire a fully leased multi-family property in Scranton’s highly desirable Hill Section, just steps from the University of Scranton. This three-story building features 14 bedrooms and 4 bathrooms across two spacious units, each offering a functional layout with multiple bedrooms and shared living areas. The property is fully rented for the 2026–2027 academic year, generating $5,700 per month in rental income with signed leases in place, ensuring immediate and stable cash flow for investors.
With a long-standing history of full occupancy and strong demand from student tenants, this asset offers a proven track record of performance. Its location near campus, downtown Scranton, and local amenities makes it a consistent choice for student housing year after year. The property sits on a 6,098 SF lot and includes a stone-floor basement, providing additional storage or utility space. Investors will appreciate the low vacancy risk, established rental history, and the opportunity to own a turn-key income-producing property in a market with enduring demand.
With a long-standing history of full occupancy and strong demand from student tenants, this asset offers a proven track record of performance. Its location near campus, downtown Scranton, and local amenities makes it a consistent choice for student housing year after year. The property sits on a 6,098 SF lot and includes a stone-floor basement, providing additional storage or utility space. Investors will appreciate the low vacancy risk, established rental history, and the opportunity to own a turn-key income-producing property in a market with enduring demand.
Property Facts
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 9.27% | Building Size | 4,800 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | Sorority/Fraternity House | Year Built | 1945 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R9 | ||
| Sale Type | Investment |
| Cap Rate | 9.27% |
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,800 SF |
| No. Stories | 3 |
| Year Built | 1945 |
| Opportunity Zone |
Yes |
| Zoning | R9 |
Property Taxes
| Parcel Number | 15709020021 | Improvements Assessment | $377,845 CAD |
| Land Assessment | $52,921 CAD | Total Assessment | $430,766 CAD |
Property Taxes
Parcel Number
15709020021
Land Assessment
$52,921 CAD
Improvements Assessment
$377,845 CAD
Total Assessment
$430,766 CAD
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