226 228 Prescott Avenue, Scranton, PA 18510

$510,000
Property Type: Residential Income Bedrooms: 12 Baths: 4 Square Footage: 3,500 Status: Closed
Current Price: $510,000 List Date: 1/19/2026 Last Modified: 1/20/2026

Overview

Description

This is a for records only entry. For original listing, please see mls #sc-253767. Investors - Don't Miss This Opportunity! Fully rented and just a 5-minute walk from the University of Scranton, this 4-unit apartment building is a prime investment for college rentals. Each unit features: 3 Bedrooms, 1 Bathroom, Separate Utilities, Recently Renovated & Well-Maintained, Rear Parking for 4-5 Cars With strong rental history and ideal location near campus, this turn-key property offers immediate cash flow and long-term investment potential. Don't miss out!

Listing Details MLS# PW-260117

General Property Information

Number Of Units Total
4
Bedrooms Total
12
Bathrooms Total
4
Bathrooms Full
4
Above Grade Finished Area
3500
Below Grade Unfinished Area
1750
Building Area Total
3500
Year Built
1925
Year Built Source
Public Records
New Construction YN
No
Lot Size Acres
0.14
Association YN
No
Waterfront YN
No
Water Body Name
None
Stories
2
List Price/SqFt
154
Sold Price/SqFt
145.71
Bathrooms Half
0
Below Grade Finished Area
0
Garage Spaces
0

Property Features

Basement: Full Heating: Baseboard; Hot Water; Natural Gas; Separate Meters Laundry Features: In Unit Listing Terms: Cash Parking Features: Off Street Tenant Pays: All Utilities

Contract Information

Listing Contract Date
2026-01-14
Property Sub Type
Quadruplex
Listing Service
Full Service

Location Tax and Legal

Street Number
226 228
Street Name
Prescott
Street Suffix
Avenue
County
Lackawanna
City (Post Office)
Scranton
State
PA
Postal Code
18510
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
This is a for records only entry. For original listing, please see mls #sc-253767. Investors - Don't Miss This Opportunity! Fully rented and just a 5-minute walk from the University of Scranton, this 4-unit apartment building is a prime investment for college rentals. Each unit features: 3 Bedrooms, 1 Bathroom, Separate Utilities, Recently Renovated & Well-Maintained, Rear Parking for 4-5 Cars With strong rental history and ideal location near campus, this turn-key property offers immediate cash flow and long-term investment potential. Don't miss out!

Status Change Information

Major Change Timestamp
2026-01-19T19:34:32Z
Major Change Type
Status Change
Purchase Contract Date
2026-01-14
Close Date
2026-01-16
Close Price
510000
Concessions
No
Buyer Financing
Conventional

More Information

Unit 1

Unit #
Yes
Actual Rent
1250
SqFt Total
875
Dining Room YN
No
Kitchen YN
Yes

Unit 2

Unit #
2
Actual Rent
1250
SqFt Total
875
Dining Room YN
No
Kitchen YN
Yes

Unit 3

Unit #
3
Actual Rent
1200
SqFt Total
875
Dining Room YN
No
Kitchen YN
Yes

Unit 4

Unit #
4
Actual Rent
1200
SqFt Total
875
Dining Room YN
No
Kitchen YN
Yes

Location, Tax, and Legal

Municipality
City Of Scranton
High School District
Scranton School District
County Tax Amount
1278.4
Municipal Tax Amount
1766
School Tax Amount
2956.97
Tax Annual Amount
6001
Tax Year
2024
Parcel Number
15754010006
Tax Book Number
2020 20190

Basement

Full
Yes

Heating

Baseboard
Yes
Hot Water
Yes
Natural Gas
Yes
Separate Meters
Yes

Laundry Features

In Unit
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Off Street
Yes

Tenant Pays

All Utilities
Yes
Listing Office: NON-MEMBER OFFICE
Last Updated: January - 20 - 2026
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