1121 Albright Avenue, Scranton, PA 18508
- Added:
- Nov 28, 2025
- Days on Market:
- 214
- Last Refresh:
- Jun 30 at 12:06 am
Property Features for 1121 Albright Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- On Street
- Window features
- Aluminum Frames
- Patio and Porch features
- Porch
- Exterior features
- Private Yard
- Fencing
- Chain Link
- Basement
- Unfinished, Walk-Out Access
- Appliances
- Electric Range, Refrigerator
- Standard status
- Pending
- APN
- 14508030034
- Size
- 1,116 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- B-0430 L-015A
- Tax Annual Amount
- 1917
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies
- Building materials
- Aluminum Siding
- Roof type
- Composition, Wood
- Architectural style
- Other
Listing agent Joanne L. Rezzino License #RS368675 (570) 212-0688
Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA (570) 344-6724
Listing date Nov 28, 2025
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
- Fully rented 2‑unit property with strong rental history and same tenants for a long length of time
- Tenants cover water/sewer; owner covers gas, electric, taxes, and insurance
- Utilities and systems include forced air heating and natural gas, plus window unit cooling
- Exterior includes private yard, porch, aluminum siding, chain link fencing, and composition/wood roof
- Public utilities: public water and public sewer; parking available on‑street
- Year built: 1943; sold as‑is with substantial repairs and updates needed (cash offers preferred)
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 | $14.1k | $12.60 |
| − Vacancy | −$914 | −$0.82 |
| EGI | $13.1k | $11.78 |
| − OpEx | −$3.9k | −$3.53 |
| NOI | $9.2k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.661192
- Latitude
- 41.425863
