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932 Prospect Avenue, Scranton, PA 18505

$525,000
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Property Type: Residential Income Square Footage: 3,500 Status: Active
Current Price: $525,000 List Date: 4/07/2026 Last Modified: 4/07/2026

Overview

Description

Stabilized 5-unit income property in Scranton's residential rental market. The building spans approximately 3,500 SF on a 0.17-acre lot, constructed in 1940 with stucco exterior, full basement, and a 4-stall detached garage offering additional income or parking value. Unit Mix: (3) 1-bed units | (2) 2-bed units. Unit 5 is vacant. They rest are leased.

Listing Details MLS# 26-1430

Location, Tax & Legal

House # (1)
932
Street Name
Prospect
Street Suffix
Avenue
City (Post Office)
Scranton
State/Province
PA
Zip Code
18505
County
Lackawanna
MLS Area
Misc Out of County
School District
Scranton
Municipality
Scranton City
Develop/Subdivision
None
Zoning
Multi-Family
PIN #
No
DB/Record Book
201805631
Page
No
Total County Assmnt
0
Est County Tax
0
Est Total Tax
0
Tax Year
0

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
3500
Year Built
1940
Est Age Range
76 - 100 Yrs
Garage Stalls
4
Garage Type
Detached
Parking
Off-Street

Remarks Directions

Directions
Head toward Birch St. Turn left at the 1st cross street onto Birch St. Turn left at the 3rd cross street onto Prospect Ave. Destination will be on the right

Expenses

Annual Gross Income
60050
Annual Electric Exp
1207
Annual Garbage Remvl
1500
Annual Real Est Tax
9800
Annual Fire/Liabilty
5600
Total Annl Expenses
18107
Anl Net Inc b/4 Debt
41943
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0

More Information

Unit 1 Info

Unit #
Yes
# Rooms
5
Monthly Rent
800
# 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 2 Info

Unit #
2
# Rooms
4
Monthly Rent
800
# Bedrooms
Yes
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
700
# Rooms
4
# Bedrooms
Yes
# 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
Monthly Rent
0

Unit 4 Info

Unit #
4
Monthly Rent
950
# Bedrooms
2
# 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 5 Info

Unit #
5
# Rooms
5
Monthly Rent
1000
# Bedrooms
2
# 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 6 Info

Unit #
6
# Rooms
Yes
Monthly Rent
450

Unit 7 Info

Unit #
7
# Rooms
Yes
Monthly Rent
400

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Stucco
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full
Yes

MF Amenities

Porch
Yes
Shed/Storage Bldg
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Stucco Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Full MF Amenities: Porch; Shed/Storage Bldg
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: April - 07 - 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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Shavertown, PA 18708

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