932 Prospect Street, Scranton, PA 18505 (MLS# SC-250982)
932 Prospect Street, Scranton, PA 18505
$559,900
Property Type:
Residential Income
Bedrooms:
10
Baths:
5
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$559,900
List Date:
3/10/2025
Last Modified:
3/10/2025
Description
Income-Producing Property - Prime Investment Opportunity!
Presenting a fantastic opportunity to own a nicely updated 5-unit property with a 4-car garage, conveniently located near major hospitals, shopping centers, and schools. This prime location offers unbeatable convenience for tenants, making it a sought-after address in the rental market. With solid income potential, well-designed tenant layouts, and the ability to generate consistent returns, this property is the perfect addition to any investor's portfolio. For investors seeking a turn-key property, this nicely updated, well maintained multifamily building is ready to generate solid rental income right away. With its established tenant base and a location in a high-demand rental area, the opportunity to start earning is immediate. Whether you're an experienced investor or a first-time buyer, this property offers substantial upside potential and the chance to maximize your earnings. This excellent income-generating property in a high-demand area. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!
Also available SC-250984.
More Information MLS# SC-250982
Contract Information
Current Price: $559,900
List Price: $559,900
Status: Active
Listing Contract Date: 2025-03-09
Property Sub Type: Multi Family
Listing Agreement: Exclusive Agency
Owner Name: 545 Prescott LLC
Location Tax and Legal
Street Number: 932
Street Name: Prospect Street
State: PA
Postal Code: 18505
County: Lackawanna
General Property Information
Number Of Units Total: 5
Bedrooms Total: 10
Bathrooms Total: 5
Bathrooms Full: 5
Above Grade Finished Area: 3500
Below Grade Unfinished Area: 1000
Living Area: 3500
Enhanced Accessible: No
Year Built: 1940
Year Built Source: Assessor
New Construction YN: No
Garage Spaces: 4
Lot Size Acres: 0.17
Lot Size Dimensions: 47x152
Waterfront YN: No
Basement YN: Yes
Stories: 3
Auction YN: No
List Price/SqFt: 159.97
Remarks and Miscellaneous
Public Remarks: Income-Producing Property - Prime Investment Opportunity!
Presenting a fantastic opportunity to own a nicely updated 5-unit property with a 4-car garage, conveniently located near major hospitals, shopping centers, and schools. This prime location offers unbeatable convenience for tenants, making it a sought-after address in the rental market. With solid income potential, well-designed tenant layouts, and the ability to generate consistent returns, this property is the perfect addition to any investor's portfolio. For investors seeking a turn-key property, this nicely updated, well maintained multifamily building is ready to generate solid rental income right away. With its established tenant base and a location in a high-demand rental area, the opportunity to start earning is immediate. Whether you're an experienced investor or a first-time buyer, this property offers substantial upside potential and the chance to maximize your earnings. This excellent income-generating property in a high-demand area. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!
Also available SC-250984.
Status Change Information
Major Change Timestamp: 2025-03-10T17:09:09Z
Major Change Type: New Listing
Status Change Timestamp: 2025-03-10
Unit 1
Unit #: 1
Actual Rent: 750
SqFt Total: 1000
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 700
SqFt Total: 500
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit 3
Unit #: 3
Actual Rent: 700
SqFt Total: 500
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit 4
Unit #: 4
Actual Rent: 800
SqFt Total: 500
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Unit 5
Unit #: 5
Actual Rent: 950
SqFt Total: 500
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Meter Information
Number Of Separate Electric Meters: 8
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 5
Property Features
Basement: Partial; Unfinished
Current Use: Investment; Multi-Family
Heating: Natural Gas
Levels: Three Or More
Lot Features: Corner Lot
Parking Features: On Street
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Composition
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Structure Type: Multi Family
Tenant Pays: Electricity; Gas; Hot Water; Sewer
Water Source: Public
Listing Office: Berkshire Hathaway Home Services Preferred Properties
Last Updated: March - 10 - 2025
Information deemed reliable but not guaranteed.