$822,500
MLS #26-3369
627-629 Prescott Avenue, Scranton
Scranton, PA, 18510
4
Units
3,928
Building Square Footage
2024
Year Built
About This Property.
627 & 629 Prescott Ave, Hill Section. Package sale: 2 brand-new duplexes, 4 units, separate deeds. $6,725/mo combined ($80,700/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.
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 18510
14,332
Population
$52,457
Median Household Income
40%
Owner Occupied
2.21
Average Household Size
Housing Tenure
40% Owner Occupied60% 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
