627-629 Prescott Avenue, Scranton, PA 18510 (MLS# 26-3369)

$822,500

627-629 Prescott Avenue, Scranton, PA 18510

3,928 sqft

Description

627 & 629 Prescott Ave, Hill Section. Package sale: 2 brand-new duplexes, 4 units, separate deeds. $6,820/mo combined ($81,840/yr gross); tenants pay utilities. Opportunity Zone. LERTA tax abatement approved: major tax savings vs. non-abated new construction. FHA/VA eligible. Priced below replacement cost. Ideal for OZ investors or owner-occupants.

More Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Aprx Total SF: 3928
Year Built: 2024
Est Age Range: New Const.
Lot Size: .20 acres
# Spaces off-Street: 6
Parking: Off-Street
Current Price: $822,500
List Price: $822,500
List Date: 2026-07-13
House # (1): 627-629
Street Name: Prescott
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
MLS Area: Misc Out of County
School District: Scranton
Municipality: Scranton City
Develop/Subdivision: None
Directions: From Pittston - Take Parsonage St, Foote Ave, York Ave and I-81 N to Vine St in Scranton. Drive to Prescott Ave
Status: Active
Annual Gross Income: 81840
Annual Real Est Tax: 548.33
Annual Fire/Liabilty: 1540
Total Annl Expenses: 2088.33
Anl Net Inc b/4 Debt: 79751.67
Unit #: 1
Approx SF: 982
# Rooms: 5
Monthly Rent: 1700
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 2
Approx SF: 982
# Rooms: 5
Monthly Rent: 1725
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 3
Approx SF: 982
# Rooms: 4
Monthly Rent: 1745
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 4
Approx SF: 982
# Rooms: 4
Monthly Rent: 1650
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Property Features

Heat Fuel Type: Electric Heat Type: Forced Air AC Type: Central Condition: Excellent Exterior: Vinyl Roof: Asbestos Shingles Interior Finish: Drywall Water: Public Sewer: Public Basement: None

Property Info

ID: MLS# 26-3369
Type: Residential Income
Status: Active
Current Price: $822,500
List Date: 7/13/2026
Listing Office: Steel City Realty

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