1522-1524 1508 Elizabeth Street Scranton, PA 18504
MULTI_FAMILY - Ranch - Scranton, PA
- Added:
- May 7, 2026
- Days on Market:
- 67
- Last Refresh:
- Jul 12 at 9:06 pm
Property Features for 1522-1524 1508 Elizabeth Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Res MF
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Basement, Bedroom 3, Bedroom 6, Bedroom 7, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 9
- Parking features
- Garage, Off Street, Driveway, On Street
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Eat-in Kitchen
- Exterior features
- Private Yard
- Basement
- Unfinished
- Appliances
- Oven, Range
- Standard status
- Pending
- APN
- 13419010076
- Size
- 3,820 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- There are 2 properties on this property
- Tax Annual Amount
- 5722
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Asbestos, Stone, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
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 May 7, 2026
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
- Property package includes a fully rented side‑by‑side duplex with month‑to‑month tenants and separate utilities
- Also includes a single‑family home with 3 bedrooms and 1 bathroom, plus kitchen and living space
- Corner lot setting with porch and private yard
Local Financial Insights For Multifamily LT 5
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 | $48.1k | $12.60 |
| − Vacancy | −$3.1k | −$0.82 |
| EGI | $45.0k | $11.78 |
| − OpEx | −$13.5k | −$3.53 |
| NOI | $31.5k | $8.25 |
