Scranton Multifamily Investment
1250 S 1252 6th Scranton, PA 18504
1250 S 1252 6th, Scranton, PA, 18504
$249,000
Pending
For Sale
$249,000
Pending
MULTI_FAMILY - Scranton, PA
Property Size2,950 SF
Lot Size0.20 Acres
Days on Market382
Property Features for 1250 S 1252 6th
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 15617080024
- Size
- 2,950 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
Listing agency
Berkshire Hathaway Home Services Preferred Properties
(570) 585-1500
Listed by
Colleen A Weissman · License #RS285514
(570) 604-2335
Added: Jul 5, 2025 Updated: Jun 9 at 1:32PM Checked: Jul 21 at 1:06PM
MLS# SC253347
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.
This multifamily property, located in Scranton, PA, presents an investment opportunity. The property, zoned R3, includes duplexes and residential income properties. The lot size is 0.2 acres, and the building size is 2950 square feet. The property is subject to a short sale.
Key Highlights
- Year built: 1950
- Includes 6 bedrooms
- Multiple bathrooms (Bathrooms 1–4)
Local Financial Insights For Apartment 5plus
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 | $43.9k | $14.88 |
| − Vacancy | −$2.5k | −$0.86 |
| EGI | $41.4k | $14.02 |
| − OpEx | −$18.6k | −$6.31 |
| NOI | $22.7k | $7.71 |
2,950 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.5K
NOI $24,328 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.1K
NOI $22,743 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$748.8K
$655.2K – $873.6K
NOI $52,414 @ 7.0% cap · market cap 21.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multifamily property in Scranton, PA, ideal for investment.
Where is this duplex located?
The property is located at 1250 S 1252 6th Scranton, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Year built: 1950; Includes 6 bedrooms; Multiple bathrooms (Bathrooms 1–4)
