643 Deacon Street, Scranton, PA 18509
MULTI_FAMILY - Scranton, PA
Property Features for 643 Deacon Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.15-acre lot and was built in 1935. Water is provided by public sources and sewer services are public sewer. Parking is available with paved or surfaced spaces, including a driveway with off-street parking plus on-street parking. The property is zoned R1.
With its duplex configuration and established utility services, the home can support flexible living or rental arrangements based on the unit-by-unit occupancy you choose.
Key Highlights
- Duplex on a 0.15‑acre lot built in 1935
- Zoned R1
- Natural gas steam heat
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 | $29.2k | $12.60 |
| − Vacancy | −$1.9k | −$0.82 |
| EGI | $27.3k | $11.78 |
| − OpEx | −$8.2k | −$3.53 |
| NOI | $19.1k | $8.25 |
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Demographics for 18509, PA
Market
Vacancy Rate% for Multifamily in Northeast region