Quadplex with Off-Street
New
For Sale
$349,900
127 Brook Street, Peckville, PA 18452
Residential Income, Peckville, PA
Property Size2,650 SF
Lot Size0.09 Acres
Price / SF$132.04
Days on Market4
Property Features for 127 Brook Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R3
Zoning description
Multi-Family
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Parking features
Off Street, On Street
Patio and Porch features
Porch
Appliances
Free-Standing Electric Range, Free-Standing Refrigerator
Elementary school district
Valley View
Middle school district
Valley View
High school district
Valley View
Directions
Main St in Peckville to right on Brook St, property on right
Standard status
Active
APN
1032001004001
Size
2,650 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
75X50 Mott Haven Ptl 1 B 11 W-03 B-007 L-081
Tax Annual Amount
1608
Legal Description
75X50 Mott Haven Ptl 1 B 11 W-03 B-007 L-081
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1940
Floors in Building
3
Number of units
4
Flooring type
Vinyl, Marble, Carpet
Roof type
Composition
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Gale Lewis · License #RS226503L
(570) 241-1828
Added: Sep 12
Changed: Sep 14
Last Checked: Sep 15 at 12:06AM
MLS# SC264569
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 2,650-square-foot quadplex contains four rental units, with three currently occupied and one available for lease. Built in 1940, the property has a low-maintenance 0.09-acre lot, a porch, and a mix of vinyl, marble, and carpet flooring. Natural gas heating serves the building, while free-standing electric ranges and refrigerators are included. Each tenant pays heat and electric; ownership covers water and sewer.
Parking is available both on site and along the street. The property is connected to public water and public sewer and is located in Peckville, PA, within the Valley View School District. R3 zoning supports the recorded residential-income configuration.
Parking is available both on site and along the street. The property is connected to public water and public sewer and is located in Peckville, PA, within the Valley View School District. R3 zoning supports the recorded residential-income configuration.
Key Highlights
- Four rental units; three are currently occupied
- 2,650 square feet on a 0.09‑acre lot
- Built in 1940 with natural gas heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,854
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,080
$437.1K
Cap Rate 7%
$312,200
$312.2K
Cap Rate 9%
$242,822
$242.8K
Market Conditions
NOI Build-Up for 2,650 SF
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.
Gross rent
$33.4K $12.60/SF
− Vacancy
−$2.2K −$0.82/SF
EGI
$31.2K $11.78/SF
− OpEx
−$9.4K −$3.53/SF
NOI
$21.9K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,080
Cap Rate 7%
$312,200
Cap Rate 9%
$242,822
Alternative Uses
Best Use
Multifamily LT 5
$312.2K
$273.2K – $364.2K
NOI $21,854 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$291.9K
$255.4K – $340.5K
NOI $20,430 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$672.6K
$588.5K – $784.7K
NOI $47,083 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 18452, PA
4,950
Population
2,502
Households
2
Avg Household Size
47
Median Age
25%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
2,605
Density / Sq Mi
$58,526
Median Household Income
$32,234
Median Earnings
$960
Median Rent
$189,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four rental units include occupied and available space, public utilities, and both off-street and on-street parking.
Where is this quadplex located?
The property is located at 127 Brook Street Peckville, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four rental units; three are currently occupied; 2,650 square feet on a 0.09‑acre lot; Built in 1940 with natural gas heating
