1201-1207 Mulberry Street, Scranton, PA 18510
New Listing
$5,500,000
Property Type:
Commercial Sale
Square Footage:
17,000
Status:
Active
Current Price:
$5,500,000
List Date:
6/23/2026
Last Modified:
6/23/2026
Listing Details MLS# PW-262035
General Property Information
- Number Of Buildings
- 5
- Number Of Units Total
- 18
- Building Area Total
- 17000
- Living Area
- 17000
- Year Built
- 2001
- Lot Size Acres
- 0.07
- Waterfront YN
- No
- Water Body Name
- None
- Stories
- 3
- List Price/SqFt
- 323.53
Property Features
Building Features:
Delivery Door; Established Business; Prime Location; Public Restrooms
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
Contract Information
- Listing Contract Date
- 2026-06-23
- Property Sub Type
- Mixed Use
- Listing Service
- Full Service
- Environmental Survey YN
- No
Location Tax and Legal
- Street Number
- 1201-1207
- Street Name
- Mulberry
- Street Suffix
- Street
- County
- Lackawanna
- State
- PA
- Postal Code
- 18510
- Subdivision Name
- None
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 1201-1203 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/
Status Change Information
- Major Change Timestamp
- 2026-06-23T20:05:07Z
- Major Change Type
- New Listing
More Information
Location, Tax, and Legal
- Municipality
- Lackawanna - Lackawanna County
- County Tax Amount
- 25257
- Municipal Tax Amount
- 22260
- School Tax Amount
- 41595
- Tax Annual Amount
- 89112
- Tax Year
- 2025
- Parcel Number
- 15737020015
Current Use
- Commercial
- Yes
- Multi-Family
- Yes
Electric
- Circuit Breakers
- Yes
Heating
- Natural Gas
- Yes
- Oil
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
Oil, Gas and Mineral Rights
- Property Subject To Lease
- No
Parking Features
- Parking Lot
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Asphalt
- Yes
- Rubber
- Yes
Sewer
- Public Sewer
- Yes
Structure Type
- Mixed Use
- Yes
- Multi Family
- Yes
Water Source
- Public
- Yes
Building Features
- Delivery Door
- Yes
- Established Business
- Yes
- Prime Location
- Yes
- Public Restrooms
- Yes
Business Type
- Food & Beverage
- Yes
- Residential
- Yes
- Restaurant
- Yes
Possible Use
- Commercial
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
Listing Office:
Iron Valley RE Innovate - Lords Valley
Last Updated: June - 23 - 2026
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