1201-1207 Mulberry Street, Scranton, PA 18510

$5,300,000
Property Type: Commercial Sale Square Footage: 17,000 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $5,300,000 List Date: 6/24/2026 Last Modified: 8/24/2026

Overview

Description

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 Mulberry Street, a four-unit commercial building with six student housing units, 418 N. Webster Avenue, 1205 Mulberry Street, 406 N. Webster Avenue, 410 N. Webster Avenue, and 414 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.

Listing Details MLS# SC-262984

General Property Information

Number Of Buildings
5
Number Of Units Total
18
Building Area Total
17000
Building Area Total (Report Only)
17000
Enhanced Accessible
No
Year Built
2001
Lot Size Acres
0.07
Lot Size Dimensions
42 x 61 x 50 x 64
Waterfront YN
No
Stories
3
Auction YN
No
List Price/SqFt
311.76

Property Features

Building Features: Delivery Door; Established Business; Prime Location Business Type: Food & Beverage; Residential; Restaurant Current Use: Commercial; Multi-Family Electric: Circuit Breakers Heating: Natural Gas; Oil Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: City Lot; Corner Lot Parking Features: Parking Lot; Paved Possession: Close Of Escrow Possible Use: Commercial; Mixed Use; Multi-Family Road Frontage Type: City Street Road Surface Type: Paved Roof: Asphalt; Rubber Sewer: Public Sewer Structure Type: Mixed Use; Multi Family Water Source: Public Showing Requirements: Appointment Only; Show Notice Required

Contract Information

Listing Contract Date
2026-06-23
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Owner Name
Strawberry Hill Realty, LLC
Availability Date
2026-06-23
Environmental Survey YN
No

Location Tax and Legal

Street Number
1201-1207
Street Name
Mulberry
Street Suffix
Street
State
PA
Postal Code
18510
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
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 Mulberry Street, a four-unit commercial building with six student housing units, 418 N. Webster Avenue, 1205 Mulberry Street, 406 N. Webster Avenue, 410 N. Webster Avenue, and 414 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.

Status Change Information

Major Change Timestamp
2026-07-30T16:27:05Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-07-30T16:27:05Z
Status Change Timestamp
2026-06-24

More Information

Listing Office: Iron Valley Real Estate Innovate
Last Updated: August - 24 - 2026
Information deemed reliable but not guaranteed.