600-602 Prescott Place, Scranton, PA 18510 (MLS# SC-251676)
600-602 Prescott Place, Scranton, PA 18510
$599,000
Property Type:
Residential Income
Bedrooms:
10
Baths:
7
Square Footage:
4,450
Lot Size (sq. ft.):
4,356
Status:
Pending
Current Price:
$599,000
List Date:
4/15/2025
Last Modified:
5/17/2025
Description
ATTENTION ALL SERIOUS INVESTORS!! Excellent 7 unit investment property! Located in the Hill Section of Scranton. Great income producing rental property. Six of the Seven units have been updated and or renovated. This includes 6 one bedroom apartments and 1 two bedroom apartment. All tenants are on a month to month lease. This is a commercial property.
Electric (Heat) is paid by tenant.
Landlord pays water and sewer as well as taxes and dumpster cost. Rent roll and expense sheet in listed under documents. Showings available Saturdays and Sundays 12-7 pm. Weekdays after 5pm-7pm.
More Information MLS# SC-251676
Contract Information
Current Price: $599,000
List Price: $599,000
Status: Pending
List Date: 2025-04-17
Property Sub Type: Multi Family
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Seller Offers Concessions YN: No
Owner Name: 602 Precott Ave Invest Corp
Location Tax and Legal
House # (1): 600-602
Street Name: Prescott
Street Suffix: Place
City (Post Office): Scranton
State/Province: PA
Zip Code: 18510
County: Lackawanna
Geo Lat: 41.405524
Geo Lon: -75.647123
General Property Information
Total Bedrooms: 10
Total Bathrooms: 7
Total Full Baths: 7
Above Grade Finished Area: 6117
Below Grade Unfinished Area: 950
Year Built: 1930
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Lot Size Acres: 0.1
Lot Size Dimensions: 67X65
Lot Dimensions Source: Public Records
Association YN: No
Waterfront YN: No
Basement YN: Yes
Furnished: Unfurnished
Units Furnished: None
Fireplace YN: No
Spa YN: No
Senior Community YN: No
Rent Control YN: No
Remarks and Miscellaneous
Public Remarks: ATTENTION ALL SERIOUS INVESTORS!! Excellent 7 unit investment property! Located in the Hill Section of Scranton. Great income producing rental property. Six of the Seven units have been updated and or renovated. This includes 6 one bedroom apartments and 1 two bedroom apartment. All tenants are on a month to month lease. This is a commercial property.
Electric (Heat) is paid by tenant.
Landlord pays water and sewer as well as taxes and dumpster cost. Rent roll and expense sheet in listed under documents. Showings available Saturdays and Sundays 12-7 pm. Weekdays after 5pm-7pm.
Status Change Information
Major Change Timestamp: 2025-05-17T17:49:53Z
Major Change Type: Status Change
Status Change Timestamp: 2025-05-17
PurchaseContractDate: 2025-05-17
Income and Expenses
Annual Total Expense: 23410.78
Electric Expense: 2184
Insurance Expense: 4144
Trash Expense: 2184
Unit 1
Unit #: 600 first floor
Actual Rent: 1050
SqFt Total: 805
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit Remarks: MONTH TO MONTH
Unit 3
Unit #: 602 2N
Unit 4
Unit #: 602 2N
Unit 5
Unit #: 603 3S
Unit 6
Unit #: 602 3N
Unit 7
Unit #: 602 3N
Meter Information
Number Of Separate Electric Meters: 8
Property Features
Appliances: Electric Range; Refrigerator
Basement: Unfinished
Community Features: None
Construction Materials: Aluminum Siding
Cooling: None
Current Financing: None
Current Use: Multi-Family
Electric: 200 or Less Amp Service
Exterior Features: None
Fencing: None
Financial Data Source: Property Manager
Fireplace Features: None
Flooring: Laminate; Vinyl
Foundation Details: Block; Combination
Heating: Electric
Income Includes: Rent Only
Interior Features: High Ceilings
Laundry Features: None
Levels: Three Or More
Listing Terms: Cash
Lot Features: Corner Lot
Other Equipment: None
Other Structures: None
Owner Pays: Trash Collection
Parking Features: On Street
Patio And Porch Features: Porch
Pool Features: None
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Rubber; Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Combination Lock Box
Special Listing Conditions: Standard
Structure Type: Multi Family
Utilities: Electricity Connected
Window Features: Wood Frames
Listing Office: Paramount Real Estate
Last Updated: May - 17 - 2025
Information deemed reliable but not guaranteed.