$425,000
MLS #26-3277
119 Prospect Avenue, Scranton
Scranton, PA, 18505
2
Units
1,984
Building Square Footage
2023
Year Built
About This Property.
119 Prospect Ave, Southside Scranton. Brand-new construction duplex, 100% occupied, individual deed. 2 units at $1,700/mo each ($40,800/yr gross); tenants pay all utilities. LERTA tax abatement + federal Opportunity Zone (18510): rare dual tax advantage for investors & owner-occupants, capital gains deferral. Day-one rental income, no vacancy risk. FHA/VA eligible. Priced below replacement cost.
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 18505
20,797
Population
$53,797
Median Household Income
54%
Owner Occupied
2.40
Average Household Size
Housing Tenure
54% Owner Occupied46% 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).
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View PropertyMeet Our Agents.
Jonathan J. Nelson Real Estate
