+47 more
$325,000
702 Prospect Avenue, Scranton, PA 18505
4,400
sqft
Description
Prime South Side Investment Opportunity! Located on a highly visible corner at 702 Prospect Ave, this solid, well-built property boasts excellent curb appeal. The first floor features a spacious commercial storefront with central air. Featuring two updated residential apartments (First floor 2 bedrooms) (Second floor 4 bedrooms), perfect for generating immediate rental income.
Supplements: Partially finished basement offers the opportunity of additional living space. This turn-key building has undergone extensive renovations, including new windows, new flooring, fresh sheetrock. With separate electric meters already in place, this is a hassle-free addition to any investment portfolio! Schedule your private tour today!!! Se Habla Español.
More Information
Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 4400
Year Built: 1920
Est Age Range: 100 Plus Yrs
Lot Size: 50X70
# Spaces off-Street: 1
Current Price: $325,000
List Price: $325,000
List Date: 2026-07-23
House # (1): 702
Street Name: Prospect
Street Suffix: Avenue
City (Post Office): Scranton
State/Province: PA
Zip Code: 18505
County: Lackawanna
MLS Area: Misc Out of County
School District: Other - See Remarks
Municipality: Scranton City
Develop/Subdivision: None
Directions: Pittston Ave to Willow St. Corner of Willow St and Prospect Ave.
Status: Active
Annual Gross Income: 61200
Annual Electric Exp: 3600
Annual Gas Exp: 3600
Annual Water Exp: 4200
Annual Real Est Tax: 5005.2
Annual Fire/Liabilty: 3000
Total Annl Expenses: 11400
Unit #: 1
Approx SF: 1400
# Rooms: 3
Monthly Rent: 2000
Kitchen Style: Ordinary
# Baths: 1
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 3
Approx SF: 2200
# Rooms: 7
Monthly Rent: 2000
# Bedrooms: 4
Kitchen Style: Semi-Modern
# Baths: 2
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Forced Air
AC Type: Central; Other - See Remarks
Condition: Good
Exterior: Aluminum; Brick
Roof: Comp Shingle; Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Partially Finished; Unfinished
