03
OCT
OCT
$425,000
Scranton, PA 18505
MLS# 26-3366
2344 sqft

1 / 74
Property Description
702 East Elm St, South Side Scranton. Brand-new duplex, 100% occupied, individual deed. 2 units at $1,825/mo each ($43,800/yr gross); tenants pay all utilities. LERTA tax abatement approved: significant property tax savings vs. comparable non-abated new construction. Day-one rental income, no vacancy risk. FHA/VA eligible. Priced below replacement cost. Ideal for owner-occupants or investors.
Details
Maps
Listing Information
Current Price: $425,000
List Price: $425,000
List Date: 2026-07-06
Property Information
Property Sub Type: Duplex
Realtor.COM Type: Multi-Family
Aprx Total SF: 2344
Year Built: 2025
Est Age Range: New Const.
Lot Size: 96X50
Garage Stalls: 2
Garage Type: Built-in
# Spaces off-Street: 4
Location Legal Taxes
House # (1): 702
Street Direction Pfx: E
Street Name: Elm
Street Suffix: Street
City (Post Office): Scranton
State/Province: PA
Zip Code: 18505
County: Lackawanna
MLS Area: Misc Out of County
School District: Scranton
Municipality: Scranton City
Develop/Subdivision: None
Remarks Directions
Directions: Follow Griffin Rd to PA-435 N in Elmhurst Township. Continue on PA-435 N. Take I-81 S to Stafford Ave in Scranton. Continue on Stafford Ave. Take Birch St and S Webster Ave to E Elm
Status Change Information
Status: Active
Expenses
Annual Gross Income: 43800
Annual Real Est Tax: 2429.49
Annual Fire/Liabilty: 770
Total Annl Expenses: 3199.49
Anl Net Inc b/4 Debt: 40600.51
Unit 1 Info
Unit #: 1
Approx SF: 1173
# Rooms: 5
Monthly Rent: 1825
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 2 Info
Unit #: 2
Approx SF: 1173
# Rooms: 5
Monthly Rent: 1825
# Bedrooms: 2
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Property Features
Showing Instructions: Contact Showing Service - See Remarks
Heat Fuel Type: Electric
Heat Type: Forced Air
AC Type: Central
Condition: Excellent
Exterior: Vinyl
Roof: Asbestos Shingles
Interior Finish: Drywall
Water: Public
Sewer: Public
Basement: None
Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus
Last Updated: July - 13 - 2026
Information deemed reliable but not guaranteed.
