1014 Schimpf Court

Are you looking for a quiet affordable duplex that has a long term tenant on the first floor and a vacant upstairs that can be filled by the owner as desired? NEW ROOF, NEW BOILER, ELECTRIC UPDATED, and many other repairs that make this investment appealing. Both back porches have a breath taking views of South Scranton and tenants can enjoy sitting on the large wooden porch while taking it in. The rent on the first floor has not been increased in years and it is under market rental rates at $865, the lease expires June 2027. Upstairs was previously rented out around $1250. Both units are 3 bedroom/1 bathroom. Electric is separated and the other utilities are paid by landlord but the new owner can design leases with flat rate for utilities when they take over ownership. This property is tucked away and quiet but has access to many restaurants, shopping centers, schools, and public transit. The lack of parking is one of the drawbacks with the property but tenants have been renting here for many years and park on the street. The owner has an updated survey that he will give the new owner. The owner is motivated and has maintained the property well. New flooring upstairs would give the apartment a fresh feel and potential to command a higher rent as well. Taxes are reasonable under 4k a year.