525 527 Cedar Avenue, Scranton, PA 18505

$799,900
Property Type: Residential Income Bedrooms: 9 Baths: 11 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $799,900 List Date: 5/04/2026 Last Modified: 5/28/2026

Overview

Description

6 UNITS! 2 Store fronts currently a barber shop and salon shop. 2nd floor has 3 residential units. 3rd floor (penthouse) 1 large unit. Property is in good condition with good visibility and traffic count. Great downtown Southside location with alley access in rear and off street parking for 3rd floor

Listing Details MLS# SC-261974

General Property Information

Number Of Buildings
Yes
Number Of Units Total
6
Bedrooms Total
9
Bathrooms Total
11
Bathrooms Full
6
Bathrooms Half
Yes
Above Grade Finished Area
5685
Living Area
5685
Enhanced Accessible
No
Year Built
1920
Year Built Source
Estimated
New Construction YN
No
Garage YN
No
Lot Size Acres
0.14
Lot Size Dimensions
40X150
Lot Dimensions Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
Yes
Furnished
Unfurnished
Stories
3
Units Furnished
None
Fireplace YN
No
Rent Control YN
No
Auction YN
No
List Price/SqFt
140.7

Property Features

Basement: None

Contract Information

Listing Contract Date
2026-04-01
Property Sub Type
Multi Family
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Owner Name
Catapano Connie F

Location Tax and Legal

Street Number
525
Street Name
527 Cedar
Street Suffix
Avenue
State
PA
Postal Code
18505
County
Lackawanna
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
6 UNITS! 2 Store fronts currently a barber shop and salon shop. 2nd floor has 3 residential units. 3rd floor (penthouse) 1 large unit. Property is in good condition with good visibility and traffic count. Great downtown Southside location with alley access in rear and off street parking for 3rd floor

Status Change Information

Major Change Timestamp
2026-05-04T19:16:11Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-04

More Information

Income and Expenses

Annual Total Expense
13825
Gross Income
96900
Insurance Expense
5077
Net Operating Income
83075
New Taxes Expense
5747.88
Sewer Expense
1500
Water Expense
1500

Unit 1

Unit #
Barber
Actual Rent
1500
SqFt Total
1200
Dining Room YN
No
Kitchen YN
No
Occupied YN
Yes

Unit 2

Unit #
Salon
Actual Rent
1200
SqFt Total
1200
Dining Room YN
No
Kitchen YN
No
Occupied YN
Yes

Unit 3

Unit #
525 2nd floor
Actual Rent
1200
SqFt Total
900
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 4

Unit #
527 2nd floor
Actual Rent
1200
SqFt Total
1000
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 5

Unit #
525 Rear
Actual Rent
1075
SqFt Total
1000
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 6

Unit #
527 3rd floor
Actual Rent
2000
SqFt Total
1400
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Listing Office: Keller Williams Real Estate-Clarks Summit
Last Updated: May - 28 - 2026
Information deemed reliable but not guaranteed.