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1140 Academy Street, Scranton, PA 18504

$360,000
1140 Academy Street Scranton Aerial View Aerial View Aerial View Rear Garden Yard Electric Meters Gas Meters Gas Furnaces Electric Panels Front 1140 Academy Unit 1 Living Room Living Room Dining Room Dining Room Dining Room Dining Room Kitchen Kitchen Kitchen Laundry Bathroom 1st Floor Bathroom 1st Floor Bathroom 1st Floor Stairs Stairs 2nd Floor Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 2 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 4 Bedroom 4 Bathroom 2nd Floor Bathoom 2nd Floor 1142 Academy 2 Units Living Room 1st Floor Unit Living Room 1st Floor Unit Bedroom 1st Floor Unit Kitchen 1st Floor Unit Kitchen 1st Floor Unit Bathroom 1st Floor Unit Bathroom 1st Floor Unit Bathroom 1st Floor Unit Bathroom 1st Floor Unit Stairs 2nd Floor Unit Stairs 2nd Floor Unit Living Room 2nd Floor Unit Living Room 2nd Floor Unit Living Room 2nd Floor Unit Bedroom 2nd Floor Unit Kitchen 2nd Floor Unit Kitchen 2nd Floor Unit Kitchen 2nd Floor Unit Bathroom 2nd Floor 1140 Academy Street Scranton Academy Street View
Property Type: Residential Income Square Footage: 2,870 Status: Active
Current Price: $360,000 List Date: 2/18/2026 Last Modified: 2/18/2026

Description

Investors! Newly Renovated Rented and Move in Ready with Outstanding Income. One Unit is already Rented and Two Vacant Units. Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units or can Convert into One Large Unit. Right Side is Rented has One 4 Bedroom Unit with 2 Baths. All with 3 New Gas Furnaces with Forced Air Heat.

Supplements: New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Property even has Updated Electrical, Plumbing and Windows Throughout.

More Information MLS# 26-576

Property Information

Realtor.COM Type: Multi-Family Est Age Range: 76 - 100 Yrs Lot Size: 42 x 91 Garage Stalls: 0 Garage Type: None Property Sub Type: Multi Family Aprx Total SF: 2870

Location, Tax & Legal

Zoning: Multi-Family PIN #: 14517060052 DB/Record Book: 2023 Page: 06023 Total County Assmnt: 0 Est County Tax: 767 Est Total Tax: 2541 House # (1): 1140 Street Name: Academy Street Suffix: Street City (Post Office): Scranton State/Province: PA Zip Code: 18504 County: Lackawanna MLS Area: Misc County East School District: Scranton Municipality: Scranton City Develop/Subdivision: None

Remarks & Directions

Include: 3 Fridges, 3 Stoves Exclude: All tenant personals Hot Sheet Comment: new

Showing Instructions

Contact Showing Service - See Remarks: 1

Expenses

Annual Gross Income: 32400 Annual Electric Exp: 0 Annual Gas Exp: 0 Annual Othr Fuel Exp: 0 Annual Water Exp: 0 Annual Sewer Exp: 0 Annual Real Est Tax: 2541 Annual Fire/Liabilty: 0 Annual Flood Ins: 0 Annual Lawn Maint.: 0 Annual Snow Removal: 0 Annual Other Misc: 0 Total Annl Expenses: 0 Anl Net Inc b/4 Debt: 0

Heat Fuel Type

Gas: 1

Interior Finish

Drywall: 1

Heat Type

Forced Air: 1

Condition

Good: 1

AC Type

None: 1

Water

Public: 1

Exterior

Vinyl: 1

Sewer

Public: 1

Roof

Comp Shingle: 1

Basement

Unfinished: 1

Appliances

# Ranges: 3 # Refrigerators: 3

Unit 1 Info

Unit #: 1 Approx SF: 1500 # Rooms: 7 Monthly Rent: 1750 # Bedrooms: 4 Kitchen Style: Ordinary # Baths: 2 Lease: Y Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: Y

Unit 2 Info

Unit #: 2 Approx SF: 670 # Rooms: 4 Monthly Rent: 1050 # Bedrooms: 1 Kitchen Style: Ordinary # Baths: 1 Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Unit 3 Info

Unit #: 3 Approx SF: 700 # Rooms: 4 Monthly Rent: 1050 # Bedrooms: 1 Kitchen Style: Ordinary # Baths: 1 Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: Y Sewer in Rent: Y

Listing Information

Current Price: $360,000 List Price: $360,000 List Date: 2026-02-18

Remarks Directions

Directions: Main St to Washburn St. Left on S. Sumner. Left on Academy. (Academy is one way street)

Status Change Information

Status: Active

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Forced Air AC Type: None Condition: Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Unfinished
Listing Office: Berkshire Hathaway Home Services Preferred Properties
Listing Agent: Thomas Meyer
Last Updated: February - 18 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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