925 Prospect AVE, Scranton, PA 18505
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925 Prospect AVE, Scranton, PA 18505
925 Prospect AVE, Scranton, PA 18505
925 Prospect AVE, Scranton, PA 18505
925 Prospect AVE, Scranton, PA 18505
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Listed by Leah Gianacopoulos ERA One Source Realty
$ 3,650,000
Est. payment /mo
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925 Prospect AVE Scranton, PA 18505

42,050 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 42,050 sqft

Price per Sqft $86

MLS Listing ID GSBSC260464

Total Fin. Sqft 42050

Year Built 1897

Annual Tax Amount $27,693

Tax Year 2025

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 290x145

Property Sub-Type Mixed Use

Source scranton

Property Description

Introducing Goodwill Residences, a well-maintained, fully occupied 36-unit multifamily asset offering a rare combination of scale, condition, and location. Situated on nearly one acre, this impressive 42,050 square-foot building features a mix of one- and two-bedroom apartments, all thoughtfully designed to provide comfort, accessibility, and long-term tenant appeal.Housed in a beautifully repurposed historic former high school, the property blends timeless architectural character with modern functionality. Residents enjoy high ceilings, open floor plans, abundant natural light, modern kitchens, large closets, and individually controlled heating and cooling. Select units are handicap accessible, enhancing inclusivity and broadening the tenant base.The building is meticulously maintained and offers a range of desirable amenities including on-site laundry facilities, a community kitchen, library, and wall-to-wall carpeting throughout. The property also includes over 17 on-site parking spaces, a valuable feature for residents and visitors alike.In addition to the residential component, the commercial portion of the building offers office space and a gym, providing significant upside potential for additional income, adaptive reuse, or expanded services.Ideally located just minutes from downtown Scranton, the property offers convenient access to I-81, hospitals, parks, shopping, and essential services--making it an attractive and affordable housing option for senior residents while maintaining strong occupancy and stability.

Location

State PA

County Lackawanna

Area 42050

Zoning C06

Direction From Moosic Ave to right on Prospect Ave follow to the corner of Prospect and Beech

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace No

Heat Source Natural Gas

Exterior

Parking Features See Remarks

View Y/N Yes

Roof Type Asphalt,Rolled/Hot Mop

Present Use See Remarks

Street Surface Asphalt

Accessibility Accessible Entrance

Total Parking Spaces 17

Building

Lot Description City Lot

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick,Stone

Schools

School District Scranton

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Adriana Jez

Agent | License ID: RS358942

+1(347) 255-0907

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925 Prospect AVE