925 Prospect Avenue
Scranton, PA, 18505 $ 3,650,000
Bedrooms-- Baths-- Sq 42,050 Monthly Estimate*
$ 22,474
for $3,650,000. This 42,050 square foot building was built in 1897 on a lot size of 0.97.
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.
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FeaturesGeneralLiving Area 42050
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Asphalt Rolled/Hot Mop
Zoning C06
Construction Materials Brick Stone
Year Built 1897
Tenant Pays See Remarks
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Current Use See Remarks
Business Type Professional/Office Recreation Residential
Building Name Good Will
Accessibility Accessible Entrance
Additional Parcels Description 15620010013
Business Name Good Will Residences and Community Center
County Lackawanna
Property Type Commercial Sale
Possible Use Residential
Building Features Finished Office See Remarks
Status Active
Directions From Moosic Ave to right on Prospect Ave follow to the corner of Prospect and Beech
City Scranton
High School District Scranton
Zoning Description Other
Number Of Units Total 37
Year Built Details 1897 Built and Remodeled and Renovated in 1997
Land Lease Y/N N
Tax Annual Amount 27693.43
Current Financing Commercial Conventional
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Rent Control Y/N N
Availability Date 2026-02-06
Standard Status Active
Tax Assessed Value 86450
Legal Description 290X145 Pawnee Coal Co L 1Inc7 B 32 W-19
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InteriorBasement Full
Flooring Carpet Tile
Basement (Y/N) Y
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ExteriorFencing None
Parking Features See Remarks
Lot Features City Lot
Water Source Public
Total Parking 17
Number of Buildings 2
Building Area Total 42050
Lot Dimensions 290x145
Lot Size Acres 0.97
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded FeaturesList ByEra One Source RealtyBroker
Leah.Gianacopoulos@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $22,474
- Monthly Property Taxes
- $2,308
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Scranton, PA
Average List Price $588,121
Percent of Sale Price 84%
About Scranton, PA 74,523 Population
-2% Since 2002
$ 39,001 Median Income
38.39 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2391763 Elementary School
2391680 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/5/2026 | $3,650,000 | | Listed Price |