514 Brook Street, Scranton, PA 18505
MULTI_FAMILY - Scranton, PA
- Added:
- Mar 13, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 13 at 10:06 am
Property Features for 514 Brook Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
- Parking features
- On Street, Garage
- Patio and Porch features
- Deck, Porch
- Interior features
- Eat-in Kitchen
- Basement
- Storage Space, Unfinished
- Standard status
- Active
- APN
- 16707030038
- Size
- 2,200 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 70X50 W-20 B-051 L-025A P-002
- Tax Annual Amount
- 3519
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Wood
Listing agent Nicole Clark License #RS325727 (570) 881-6443
Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA (570) 344-6724
Listing date Mar 13, 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.
HighLights
- Over 2,100 sq ft multi‑family with multiple bedrooms and bathrooms
- Built in 1940
- Public utilities: public water and public sewer
- Eat‑in kitchen plus tile and wood flooring
- Heating includes electric and natural gas
- Parking includes a 1‑car garage and on‑street parking; deck and porch
Overview
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 | $27.7k | $12.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $25.9k | $11.78 |
| − OpEx | −$7.8k | −$3.53 |
| NOI | $18.1k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.671367
- Latitude
- 41.392965
