$822,500 USD
610-217-6330
627-629 Prescott ave
Scranton, PA 18510
Hill Section
OVERVIEW
627 & 629 Prescott Ave, Hill Section. Package sale: 2 brand-new duplexes, 4 units, separate deeds. $6,725/mo combined ($80,700/yr gross); tenants pay utilities. Opportunity Zone. LERTA tax abatement approved: major tax savings vs. non-abated new construction. FHA/VA eligible. Priced below replacement cost. Ideal for OZ investors or owner-occupants.
FOR SALE DETAILS
PRICE
$822,500 USD
PRICE/SF
$209 USD /SF
# OF UNITS
4
PRICE/UNIT
$205,625
CAP RATE
9.56%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
New Build: 2 Duplexes(4 units) in Scranton
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Dormitory
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
R-10
APN/PARCEL ID
15706020046
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610-217-6330
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610-217-6330
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