1017 Prescott Avenue Scranton, PA 18510
MULTI_FAMILY - Other - Scranton, PA
- Added:
- Aug 27, 2024
- Days on Market:
- 685
- Last Refresh:
- Jul 12 at 9:06 pm
Property Features for 1017 Prescott Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
- Parking features
- On Street, Off Street
- Exterior features
- Private Yard, Rain Gutters
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 14618060027
- Size
- 7,050 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1945
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Stucco
- Roof type
- Composition
- Architectural style
- Other
Listing agent Leah Gianacopoulos License #RS325414 (570) 947-9250
Listing office ERA One Source Realty 230 Northern Blvd., Clarks Summit, PA (570) 587-9999
Listing date Aug 27, 2024
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Year built 1945 home with stucco exterior and composition roof
- Front house includes two apartments with multiple bedrooms and 2 bathrooms
- Includes a basement and rooms listed for Bedroom 1 through Bedroom 4
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.3k | $8.83 |
| − Vacancy | −$3.5k | −$0.49 |
| EGI | $58.8k | $8.34 |
| − OpEx | −$17.6k | −$2.50 |
| NOI | $41.1k | $5.83 |
