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29850681
29850682

925 Prospect Ave, Scranton, PA 18505

SA
PA RM061605A
ERA One Source Realty
Listed by ERA One Source Realty
$3,650,000
128 days on market
Updated 38 days ago
Opportunity zone

Goodwill Residences

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Executive Office (+1)
Square Footage 42,050
Units 36
Price per SqFt $87
Year Built 1897
Buildings 2
Stories 3
Zoning C06

Mixed Use | 42,050 SqFt

Marketing 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.

Investment highlights

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.

Listing Contacts

SA
PA RM061605A
ERA One Source Realty
Listed by ERA One Source Realty

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Zoning

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R-9 ResidentialSingle FamilyTown Mixed Residential
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View all 38 uses
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Sunita Arora
License
RM061605A
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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