627-629 Prescott Avenue, Scranton, PA 18510

$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

Street Number
627-629
Street Name
Prescott
Street Suffix
Avenue
State
PA
Postal Code
18510
County
Lackawanna
MLS Area Major
Misc Out of County
SchoolDistrict
Scranton
Township
Scranton City
Subdivision Name
None
Zoning
Multi-Family
DB/Record Book
202310079

Listing Information

Listing Contract Date
2026-07-13

Property Information

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

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
Total Annl Expenses
2088.33
Annual Fire/Liabilty
1540
Annual Lawn Maint.
0
Anl Net Inc b/4 Debt
78611.67

More Information

Unit 1 Info

Unit #
Yes
# Rooms
5
# Bedrooms
2
# Baths
Yes
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
N
Sewer in Rent
N

Unit 2 Info

Unit #
2
Water in Rent
N
Sewer in Rent
N

Unit 3 Info

Unit #
3
Water in Rent
N
Sewer in Rent
N

Unit 4 Info

Unit #
4
Water in Rent
N
Sewer in Rent
N

Remarks & Directions

Hot Sheet Comment
new

Interior Finish

Drywall
Yes

Heat Type

Forced Air
Yes

Water

Public
Yes

Sewer

Public
Yes

Roof

Asbestos Shingles
Yes

Property Features

Heat Fuel Type: Electric AC Type: Central Condition: Excellent Exterior: Vinyl 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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