702 E Elm Street, Scranton, PA 18505 (MLS# 26-3366)

$425,000
702 E Elm Street
Scranton, PA 18505
MLS# 26-3366
2344 sqft
702 E Elm St 81 Large
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Property Description
702 East Elm St, South Side Scranton. Brand-new duplex, 100% occupied, individual deed. 2 units at $1,825/mo each ($43,800/yr gross); tenants pay all utilities. LERTA tax abatement approved: significant property tax savings vs. comparable non-abated new construction. Day-one rental income, no vacancy risk. FHA/VA eligible. Priced below replacement cost. Ideal for owner-occupants or investors.

Details
Maps
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: New Const.
Lot Size: 96X50
Garage Stalls: 2
Garage Type: Built-in
# Spaces off-Street: 4
Property Sub Type: Duplex
Aprx Total SF: 2344
Year Built: 2025
Location, Tax & Legal
Zoning: Apartment Residential
PIN #: 16708020010
DB/Record Book: 202402266
Page: 0
Total County Assmnt: 336030
Est County Tax: 1945.62
Est Total Tax: 2429.49
Tax Year: 2026
House # (1): 702
Street Direction Pfx: E
Street Name: Elm
Street Suffix: Street
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
Remarks & Directions
Hot Sheet Comment: new
Showing Instructions
Contact Showing Service - See Remarks: 1
Expenses
Annual Gross Income: 43800
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: 2429.49
Annual Fire/Liabilty: 770
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 3199.49
Anl Net Inc b/4 Debt: 40600.51
Heat Fuel Type
Electric: 1
Interior Finish
Drywall: 1
Heat Type
Forced Air: 1
Condition
Excellent: 1
AC Type
Central: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Asbestos Shingles: 1
Basement
None: 1
Unit 1 Info
Unit #: 1
Approx SF: 1173
# Rooms: 5
Monthly Rent: 1825
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
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: 1173
# Rooms: 5
Monthly Rent: 1825
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Listing Information
Current Price: $425,000
List Price: $425,000
List Date: 2026-07-06
Remarks Directions
Directions: Follow Griffin Rd to PA-435 N in Elmhurst Township. Continue on PA-435 N. Take I-81 S to Stafford Ave in Scranton. Continue on Stafford Ave. Take Birch St and S Webster Ave to E Elm
Status Change Information
Status: Active
Property Features
Showing Instructions: Contact Showing Service - See Remarks
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 - 13 - 2026

Information deemed reliable but not guaranteed.

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