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$470,000
MLS #26-2080

1142 Academy Street, Scranton

Scranton, PA, 18504
4
Units
3,719
Building Square Footage

About This Property.

INVESTORS! Own 2 Buildings 4 Units and a Garage on the same lot in Central Scranton. Large 3 Unit Building on Academy Street and a Single Family 3 Bedroom Home on Rachel Place with a Detached Garage all on the same lot. Newly Renovated Units with Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units Ready to Rent. Right Side has One 4 Bedroom Unit with 2 Baths Rented. All with 3 New Gas Furnaces with Forced Air Heat. New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Even has Updated Electrical, Plumbing and Windows Throughout. Live in the 3 Bedroom Home with a Garage or Rent all 4 units and the Garage. Outstanding Income Potential.

Property Details.

Location.

Area Demographics

Scranton City
76,033
Population
$50,893
Median Household Income
50%
Owner Occupied
2.32
Average Household Size
Housing Tenure
50% Owner Occupied50% Renter
ZIP 18504
21,069
Population
$54,299
Median Household Income
58%
Owner Occupied
2.44
Average Household Size
Housing Tenure
58% Owner Occupied42% Renter
Lackawanna County
216,146
Population
$66,704
Median Household Income
65%
Owner Occupied
2.35
Average Household Size
Housing Tenure
65% Owner Occupied35% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

Meet Our Agents.

Jonathan J. Nelson Real Estate