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1142 Academy Street, Scranton, PA 18504

$470,000
2 Buildings 4 Units & Garage Aerial View Aerial View Garden Yard in Between Buildings Rachel Place Home Kitchen Kitchen Kitchen Dining Room Dining Room 1st Floor Bedroom 1st Floor Bedroom Bathroom Bathroom 2nd Floor Bedroom 2 2nd Floor Bedroom 3 Aerial View 3 Units Electric Meters 3 Units Gas Meters 1140-1142 Academy St Scranton 1140-1142 Academy St Scranton Aerial View Gas Furnaces Electric Panel 1140-1142 Academy Street Scranton 1140 Academy - 4 Beds Unit 1140 Academy - Living Room 1140 Academy - Living Room 1140 Academy - Living Room 1140 Academy - Dining Room 1140 Academy - Dining Room 1140 Academy - Dining Room 1140 Academy - Kitchen 1140 Academy - Kitchen 1140 Academy - Laundry 1140 Academy - 1st Fl Bathroom 1140 Academy - 1st Fl Bathroom 1140 Academy - 1st Fl Bathroom Stairs Stairs 2nd Floor Bedroom 1 Bedroom 1 Bedroom 1 - Walk in Closet Bedroom 2 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 4 Bedroom 4 2nd Floor Bathroom 2nd Floor Bathroom 1142 Academy St Scranton - 2 Units 1st Floor Unit - 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 Stairs Stairs to 2nd Floor Unit 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 Street View Buildings Layout
Property Type: Residential Income Square Footage: 3,719 Status: Active
Current Price: $470,000 List Date: 3/10/2026 Last Modified: 4/04/2026

Overview

Description

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.

Supplements: 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.

Listing Details MLS# 26-953

Location, Tax & Legal

House # (1)
1142
Street Name
Academy
Street Suffix
Street
City (Post Office)
Scranton
State/Province
PA
Zip Code
18504
County
Lackawanna
MLS Area
Misc Out of County
School District
Scranton
Municipality
Scranton City
Develop/Subdivision
None
Zoning
Multi-Family
PIN #
14517060052
DB/Record Book
2023
Page
06023
Total County Assmnt
0
Est County Tax
808
Est Total Tax
2984

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
3719
Est Age Range
76 - 100 Yrs
Garage Stalls
Yes
Garage Type
Detached
# Spaces off-Street
Yes
Parking
Off-Street

Remarks Directions

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

Expenses

Annual Real Est Tax
2984
Annual Gross Income
0
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
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

More Information

Unit 1 Info

Unit #
Yes
Approx SF
1500
# Rooms
9
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
N

Unit 2 Info

Unit #
2
Approx SF
700
# Rooms
4
Monthly Rent
1050
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
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
670
# Rooms
4
Monthly Rent
1050
# Bedrooms
Yes
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 4 Info

Unit #
4
Approx SF
840
# Rooms
6
Monthly Rent
1550
# Bedrooms
3
Kitchen Style
Ordinary
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Remarks & Directions

Include
Stoves, Fridges, Washer & Dryer in As Is Condition.
Exclude
All Tenant Personals
Hot Sheet Comment
new

Showing Instructions

Contact Showing Service - See Remarks
Yes

Heat Fuel Type

Electric
Yes
Gas
Yes

Interior Finish

Drywall
Yes
Paneling
Yes

Heat Type

Electric Baseboard
Yes
Forced Air
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full Unfinished
Yes

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Forced Air AC Type: None Condition: Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall; Paneling Water: Public Sewer: Public Basement: Full Unfinished
Listing Office: Berkshire Hathaway Home Services Preferred Properties
Listing Agent: Thomas Meyer
Last Updated: April - 04 - 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.


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