Exceptional Income-Producing Property!This 4-unit multifamily property offers outstanding income potential, making it an ideal opportunity for both seasoned and first-time investors. Featuring nicely updated, well-maintained units with thoughtful layouts, this property ensures tenant satisfaction and consistent occupancy.Located just blocks from the University of Scranton, Geisinger Medical College, major hospitals, and shopping hubs, this prime location attracts a wide range of tenants, including students, medical professionals, and those seeking convenience.For investors, this property is a turn-key investment ready to generate solid rental income immediately. It offers a perfect balance of immediate returns and long-term growth potential, making it an excellent addition to any portfolio.In a high-demand rental area, this opportunity won't last long. Secure this income-producing property and add a valuable asset to your portfolio today!Also available is MLS SC-250982.
For sale
$449,000
545 Prescott Ave, Scranton, PA 18510
8beds
4,092sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$429,600 Zestimate®
$110/sqft
$-- HOA
What's special
- 47 days
- on Zillow |
- 487 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2025 at 08:01pm
Listed by:
Christina Cosmello,
Berkshire Hathaway Home Services Preferred Properties 570-585-1500
Source: GSBR,MLS#: SC250984

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas, Electric
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Unfinished
Interior area
- Total structure area: 4,092
- Total interior livable area: 4,092 sqft
- Finished area above ground: 4,092
- Finished area below ground: 0
Property
Parking
- Parking features: On Street, Paved
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 53 x 50 x 56 x 50
- Features: Corner Lot, Irregular Lot
Details
- Parcel number: 15709050043
- Zoning: R1-A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $12,500
- Annual tax amount: $7,172
- Date on market: 3/10/2025
- Tenant pays: Electricity, Gas
- Road surface type: Asphalt
- Loading
- Loading