$325,000
Scranton, PA 18505
MLS# 26-3634
4400 sqft
1 / 50
Property Description
Prime South Side Investment Opportunity! Located on a highly visible corner at 702 Prospect Ave, this solid, well-built property boasts excellent curb appeal. The first floor features a spacious commercial storefront with central air. Featuring two updated residential apartments (First floor 2 bedrooms) (Second floor 4 bedrooms), perfect for generating immediate rental income.
Details
Maps
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 100 Plus Yrs
Lot Size: 50X70
Garage Stalls: 0
# Spaces off-Street: 1
Property Sub Type: Multi Family
Aprx Total SF: 4400
Year Built: 1920
Location, Tax & Legal
Zoning: Multi-Family
PIN #: 15620020033
DB/Record Book: 40/220
Page: 200609944
Total County Assmnt: 3300
Est County Tax: 1349.7
Est Total Tax: 5005.2
Tax Year: 2026
House # (1): 702
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: Other - See Remarks
Municipality: Scranton City
Develop/Subdivision: None
Remarks & Directions
Include: (2) Refrigerator & (2) Stoves
Exclude: Washer & Dryer. Personal Property.
Hot Sheet Comment: new
Expenses
Annual Gross Income: 61200
Annual Electric Exp: 3600
Annual Gas Exp: 3600
Annual Othr Fuel Exp: 0
Annual Water Exp: 4200
Annual Sewer Exp: 0
Annual Real Est Tax: 5005.2
Annual Fire/Liabilty: 3000
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 11400
Anl Net Inc b/4 Debt: 0
Heat Fuel Type
Electric: 1
Gas: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Forced Air: 1
Condition
Good: 1
AC Type
Central: 1
Other - See Remarks: 1
Water
Public: 1
Exterior
Aluminum: 1
Brick: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Rubber: 1
Basement
Partially Finished: 1
Unfinished: 1
Unit 1 Info
Unit #: 1
Approx SF: 1400
# Rooms: 3
Monthly Rent: 2000
Kitchen Style: Ordinary
# Baths: 1
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 1100
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 2200
# Rooms: 7
Monthly Rent: 2000
# Bedrooms: 4
Kitchen Style: Semi-Modern
# Baths: 2
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Listing Information
Current Price: $325,000
List Price: $325,000
List Date: 2026-07-23
Remarks Directions
Directions: Pittston Ave to Willow St. Corner of Willow St and Prospect Ave.
Status Change Information
Status: Active
Property Features
Heat Fuel Type: Electric; Gas
Heat Type: Electric Baseboard; Forced Air
AC Type: Central; Other - See Remarks
Condition: Good
Exterior: Aluminum; Brick
Roof: Comp Shingle; Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: Partially Finished; Unfinished
Supplements
Partially finished basement offers the opportunity of additional living space.
This turn-key building has undergone extensive renovations, including new windows, new flooring, fresh sheetrock.
With separate electric meters already in place, this is a hassle-free addition to any investment portfolio!
Schedule your private tour today!!! Se Habla Español.
Listing Office: Christian Saunders Real Estate
Listing Agent: Adriano Torres Herasme
Last Updated: July - 24 - 2026
Information deemed reliable but not guaranteed.