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1509 Lafayette Street, Scranton, PA 18504

$239,900
Property Type: Residential Income Bedrooms: 7 Baths: 3 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $239,900 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

Investor Opportunity! Bring this income-producing property back to life! This 3-unit investment property features mostly separate utilities, a newer roof, updated siding, and replacement windows. Unit 3 is tenant-occupied with tenants who would love to stay, providing immediate rental income. The other two units are currently vacant after the property was temporarily condemned following a fire. One unit sustained only very minor damage, while the second unit will require renovations, creating an excellent value-add opportunity for the right investor. With solid bones, desirable updates, and the potential to restore two additional income-producing units, this property will look great in your portfolio. This is being sold as is. No alterations will be entertained. Buyer's financing fell through.

Listing Details MLS# SC-263888

General Property Information

Number Of Buildings
Yes
Number Of Units Total
3
Bedrooms Total
7
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
2068
Below Grade Unfinished Area
1034
Living Area
2068
Enhanced Accessible
No
Year Built
1924
Year Built Source
Estimated
New Construction YN
No
Lot Size Acres
0.09
Lot Size Dimensions
40X100
Waterfront YN
No
Basement YN
Yes
Stories
3
Auction YN
No
List Price/SqFt
116.01

Property Features

Basement: Unfinished Construction Materials: Vinyl Siding Exterior Features: Other Flooring: Ceramic Tile; Combination; Hardwood; Laminate Foundation Details: Stone Heating: Natural Gas Laundry Features: Washer Hookup Parking Features: Shared Driveway Patio And Porch Features: Front Porch; Rear Porch; Other Property Condition: Fixer Sewer: Public Sewer Showing Requirements: Appointment Only; Showing Service Water Source: Public

Contract Information

Listing Contract Date
2026-08-08
Property Sub Type
Multi Family
Listing Agreement
Exclusive Right To Sell
Owner Name
Hurley Austin

Location Tax and Legal

Street Number
1509
Street Name
Lafayette
Street Suffix
Street
State
PA
Postal Code
18504
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
Investor Opportunity! Bring this income-producing property back to life! This 3-unit investment property features mostly separate utilities, a newer roof, updated siding, and replacement windows. Unit 3 is tenant-occupied with tenants who would love to stay, providing immediate rental income. The other two units are currently vacant after the property was temporarily condemned following a fire. One unit sustained only very minor damage, while the second unit will require renovations, creating an excellent value-add opportunity for the right investor. With solid bones, desirable updates, and the potential to restore two additional income-producing units, this property will look great in your portfolio. This is being sold as is. No alterations will be entertained. Buyer's financing fell through.

Status Change Information

Major Change Timestamp
2026-10-28T03:09:27Z
Major Change Type
Back on Market
Price Change Timestamp
2026-08-16T13:13:12Z
Status Change Timestamp
2026-10-27
Back on Market Date
2026-10-27

More Information

Income and Expenses

Gross Income
12000

Unit 1

Unit #
1509 !st floor
SqFt Total
500
Rooms Total
3
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Unit 2

Unit #
1509 2nd floor
SqFt Total
600
Rooms Total
5
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
No
Unit Remarks
unit has fire damage

Unit 3

Unit #
1511
Actual Rent
1000
SqFt Total
1200
Rooms Total
6
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Meter Information

Number Of Separate Electric Meters
4
Number Of Separate Water Meters
3
Listing Office: SaraVista Real Estate LLC
Last Updated: October - 28 - 2026
Information deemed reliable but not guaranteed.
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