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Key Details
Sold Price $425,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $181
MLS Listing ID 26-3366
Sold Date 08/31/26
Year Built 2025
Annual Tax Amount $2,429
Tax Year 2026
Lot Size 2,344 Sqft
Lot Dimensions 96X50
Property Sub-Type Residential Income
Source Luzerne County Association of REALTORS®
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.
Location
State PA
County Lackawanna
Direction 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
Rooms
Basement None
Interior
Fireplace No
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Scranton
Others
Tax ID 16708020010
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