Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 5 Buildings - 18-Unit Mixed-Use Portfolio – Includes 14 student housing units and 4 commercial units across five well-maintained buildings.
  • Diversified Income Stream – Multiple residential unit sizes (2-5 bedrooms) plus commercial tenants provide stable, diversified cash flow.
  • Strong Long-Term Investment Potential – Located in one of Scranton's most established rental markets with proven demand and excellent appreciation pot
  • Prime University Location – Situated in Scranton's sought-after Hill Section, just steps from the University of Scranton, supporting consistent rental
  • Turnkey Investment – Exceptionally maintained portfolio with a dedicated parking lot, minimizing immediate capital improvement needs.

Executive Summary

Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201-1203 Mulberry Street, a four-unit commercial building with six student housing units, 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, 410-412 N. Webster Avenue, and 414-416 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton. Website: https://scrantonstudenthousing.com/

Property Facts

Price $7,816,765 CAD
Price / SF $233.91 CAD / SF
Cap Rate 6.72%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 33,418 SF
Total Land Area 0.33 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
416 N Webster Ave, Scranton, PA 18510 Multifamily 4,970 SF 1950 -
1205 Mulberry St, Scranton, PA 18510 Multifamily 3,072 SF 1950 -
420 N Webster Ave, Scranton, PA 18510 Multifamily 2,928 SF 1950 -
410 N Webster Ave, Scranton, PA 18510 Multifamily 2,448 SF 1950 -
1201 Mulberry St, Scranton, PA 18510 Retail 20,000 SF 2000 -
Show More > < Show Less
  • Listing ID: 41106051

  • Date on Market: 2026-06-30

  • Last Updated:

  • Address: University of Scranton Student Housing P, Scranton, PA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}