627-629 Prescott Avenue, Scranton, PA 18510

New Listing
$822,500
Property Type: Residential Income Square Footage: 3,928 Status: Active
Current Price: $822,500 List Date: 7/13/2026 Last Modified: 7/14/2026

Overview

Description

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.

Listing Details MLS# 26-3369

Location, Tax & Legal

House # (1)
627-629
Street Name
Prescott
Street Suffix
Avenue
City (Post Office)
Scranton
State/Province
PA
Zip Code
18510
County
Lackawanna
MLS Area
Misc Out of County
School District
Scranton
Municipality
Scranton City
Develop/Subdivision
None
Zoning
Multi-Family
PIN #
15706020046 & 15706020047
DB/Record Book
202310079
Page
202310078
Total County Assmnt
670410
Est County Tax
124.31
Est Total Tax
548.33
Tax Year
2026

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
3928
Year Built
2024
Est Age Range
New Const.
# Spaces off-Street
6
Parking
Off-Street

Remarks Directions

Directions
From Pittston - Take Parsonage St, Foote Ave, York Ave and I-81 N to Vine St in Scranton. Drive to Prescott Ave

Expenses

Annual Gross Income
80700
Annual Real Est Tax
548.33
Annual Fire/Liabilty
1540
Total Annl Expenses
2088.33
Anl Net Inc b/4 Debt
78611.67
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
Approx SF
982
# Rooms
5
Monthly Rent
1650
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
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
982
# Rooms
5
Monthly Rent
1600
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 3 Info

Unit #
3
Approx SF
982
# Rooms
4
Monthly Rent
1725
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 4 Info

Unit #
4
Approx SF
982
# Rooms
4
Monthly Rent
1600
# Bedrooms
2
Kitchen Style
Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
N

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes

Heat Type

Forced Air
Yes

Condition

Excellent
Yes

AC Type

Central
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Asbestos Shingles
Yes

Basement

None
Yes

Property Features

Heat Fuel Type: Electric Heat Type: Forced Air AC Type: Central Condition: Excellent Exterior: Vinyl Roof: Asbestos Shingles Interior Finish: Drywall Water: Public Sewer: Public Basement: None
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: July - 14 - 2026
Information deemed reliable but not guaranteed.
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