Quadplex with Off-Street
For Sale
$349,900
Pending
127 Brook Street, Peckville, PA 18452
Residential Income, Peckville, PA
Property Size2,650 SF
Lot Size0.09 Acres
Days on Market49
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
Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6
Parking features
On Street, Off 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
Pending
APN
1032001004001
Size
2,650 SF
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
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
Carpet, Marble, Vinyl
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: Oct 24
Last Checked: Oct 30 at 2:06AM
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.
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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 / Yr
$21,854
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
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
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 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.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
