1201-1207 Mulberry Street Scranton, PA $ 5,500,000
1201-1207 Mulberry Street
$ 5,500,000
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1201-1207 Mulberry Street

Scranton, PA, 18510
$ 5,500,000
Bedrooms-- Baths-- Sq 17,000

Monthly Estimate*

$ 34,728

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Commercial Property for sale in Scranton, PA

for $5,500,000. This 17,000 square foot building was built in 2001 on a lot size of 0.07.

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/

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Commercial Active

Price

$ 5,500,000

Property Type

Commercial

Taxes

$ 89,112

Style

Mixed Use,Multi Family

Lot Size

0.07

Year Built

2001

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

PW262035

Features
General
Sewer Public Sewer
Heating Natural Gas Oil
Possession Close Of Escrow
Roof Asphalt Rubber
Year Built 2001
Electric Circuit Breakers
Stories Count 3
Levels Three Or More
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial Multi-Family
Business Type Food & Beverage Restaurant Residential
County Lackawanna
Property Type Commercial Sale
Subdivision Name None
Possible Use Commercial Multi-Family Mixed Use
Building Features Delivery Door Public Restrooms Prime Location Established Business
Status Active
Directions I-84 to Scranton. Take exit 184 from I-81 S26 min (28.6 mi). Continue on PA-307 N/Moosic St. Take Harrison Ave to Mulberry St
City Scranton
Body of Water None
Number Of Units Total 18
Tax Annual Amount 89112
Structure Type Mixed Use Multi Family
Standard Status Active
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Exterior
Parking Features Parking Lot Paved
Lot Features City Lot Corner Lot
Water Source Public
Number of Buildings 5
Building Area Total 17000
Lot Size Acres 0.07
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded Features
List By
Iron Valley Re Innovate - Lords Valley

Broker

caridir@ptd.net

Email

Affordability Calculator

$42,154
Per Month
82%
18%
0%
Monthly Principal & Interest
$34,728
Monthly Property Taxes
$7,426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2507546 Elementary School
2507455 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$5,500,000 Listed Price

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1201-1207 Mulberry Street, Scranton, PA, 18510 is a Commercial Property for sale at $5,500,000 with 17,000 sqft and a lot size of 0.07. 1201-1207 Mulberry Street was built in 2001. The property's zip code is 18510 which is in Scranton, PA