Description
Welcome to 615 Birch St – a beautifully maintained Victorian multi-family property featuring two buildings on one deed, offering both historic charm and strong rental income. This fully occupied 4-unit package includes 6 off-street parking spaces, a new main sewer line (installed just 1 year ago), and recent mechanical upgrades that make this property ideal for a savvy investor.
Property Breakdown:
Front Building – 2 Units (Renovated Victorian Charm):
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Unit 1: $1,500/mo – 4 Bed | 2 Bath | In-Unit W/D
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Unit 2: $1,500/mo – 4 Bed | 2 Bath | In-Unit W/D
Rear Building – 2 Units (Efficient & Updated):
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Unit 1: $1,200/mo – 2 Bed | 1 Bath
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Unit 2: $1,400/mo – 2 Bed | 1 Bath
Total Monthly Income: $5,600
Annual Gross Income: $67,200
Tenants pay all utilities, and the building has been converted from gas to electric heat with new electric panels, hot water tanks, and electric stoves in each unit. Long-term tenants include one resident of 5 years, two tenants over 2 years, and a new 4th tenant on a 1-year lease.
Located in South Scranton, this property offers immediate cash flow, minimal deferred maintenance, and excellent future appreciation potential.
Finished Comps:
920-922 S Webster Ave, Scranton, PA 18505 – $585,000 | 4 Units – 0.2 mi away
325 Prospect Ave, Scranton, PA 18505 – $349,900 | 4 Units – 0.3 mi away
532 Alder St, Scranton, PA 18505 – $343,000 (8 bd | 4 bd | 3,400 sqft | 4 Units) – 0.2 mi away
313 Prospect Ave, Scranton, PA 18505 – $318,200 (4 bd | 6 bth | 4 Units)- 0.3 mi away
1403-1405 Prospect Ave, Scranton, PA 18505 – $309,200 (5 bd | 4 bth | 2,960 sqft | 4 Units) – 0.4 mi away
Details
Updated on June 5, 2025 at 10:06 pm- Property ID: SA25852
- Price: Buy $470,000
- Property Size: 5025
- Land size: 6480
- Bedrooms: 12
- Units: 4
- Bathrooms: 6
- Property Type: Multi-Family Property
- Property Status: For Sale
- Tax: 4677
- Deposit: 5000
- Zoning: MFH
Features
Address
Open on Google Maps- Address 615 Birch St, Scranton, PA 18505, USA
- City Scranton
- State/county Pennsylvania
- Zip/Postal Code 18505
- Area South Side
Walkscore
What's Nearby?
- Arts & Entertainment
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Trinity United Church of Christ (0.1 mi)
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Goodwill (0.13 mi)
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Slingin'ink Tattooing (0.2 mi)
- Education
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St Mary's Parish Club (0.19 mi)
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St Mary's of the Assumption Church (0.3 mi)
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Saint Stanislaus Elementary School (0.3 mi)
- Food
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La Amista (0.06 mi)
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Nepali Kitchen and Bar (0.06 mi)
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Cura's Restaurant (0.08 mi)
- Health & Medical
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Penetar Martin DO (0.1 mi)
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Prime Med P C (0.1 mi)
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Ruggiero Dominic DO (0.1 mi)
- Restaurants
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Nepali Kitchen and Bar (0.06 mi)
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Cura's Restaurant (0.08 mi)
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Italo's Restaurant (0.15 mi)
