About This Home

This 9-bedroom, 5-bathroom residential multi family at 1142 Academy Street in Scranton, PA is listed for $470,000 ($126 per sqft). Built in 1920, the home offers 3,719 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1920
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
5 full
1-car garage
1920
Listing Description

2 Buildings 4 Units and a Detached Garage on the Same Lot in Central Scranton. Large 3 Unit Building on Academy Street and a Single Family 3 Bedroom Home on Rachel Place with a Detached Garage. Perfect Opportunity to Live in Rear Single Family and Collect Rent from the front apartments.

Newly Renovated Units with Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units Ready to Rent. Right Side has One 4 Bedroom Unit with 2 Baths and Rented. Great Income! All with 3 New Gas Furnaces with Forced Air Heat. New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Even has Updated Electrical, Plumbing and Windows Throughout.Live in the 3 Bedroom Home with a Garage or Rent all 4 units and even rent the Garage. Outstanding Income Potential.

Monthly Cost Estimate

$2,514/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,037
Insurance$137

Estimates only. Actual payments may vary.

Location

1142 Academy Street

Scranton, PA 18504

Questions & Answers

This 9-bedroom, 5-bathroom residential multi family at 1142 Academy Street is listed at $470,000 ($126/sqft). The estimated monthly payment is $2,514 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.13 acre lot, 2 stories.

This property is listed by Thomas Meyer.

TM

Thomas Meyer

Agent at Berkshire Hathaway Home Services Preferred Properties

Listed by Berkshire Hathaway Home Services Preferred Properties · Broker phone: (570) 585-1500 · View on Broker Site · Broker website

MLS# SC263712· Source: Greater Scranton Board of Realtors MLS· 91 days on PropertySimple

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1142 Academy Street, Scranton, PA 18504

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