627-629 Prescott Avenue, Scranton - 3,928 SF

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$822,500

627-629 Prescott Avenue, Scranton

Scranton, PA, 18510

Units

3,928

Sq Ft

2024

Built

MLS #26-3369

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About This Property.

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.

Home Features

Water: Public
Sewer: Public Sewer
Heating: Forced Air
Basement: None
Exterior: Vinyl Siding
Roof: Asbestos Shingle
Lot Dimensions: .20 acres
Interior Features: Drywall
Condition: Excellent

Income & Investment.

Unit Mix & Rent Roll.

Property Details.

Calculators.

Documents.

Location.

Area Demographics

TownZip CodeCounty

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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Jonathan J. Nelson Real Estate