1418 Pittston Ave, Scranton, PA 18505
Seven-unit residential property with on-site garage spaces providing additional income potential.
- Added:
- Apr 17, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 11 at 3:09 am
Property Features for 1418 Pittston Ave
General Information
- Standard status
- Active
- Size
- 6,200 SF
Listing agent Sunita Arora License #RM061605A (570) 510-5840
Listing office ERA One Source Realty (570) 510-5840
Listing date Apr 17, 2026
Source Exprealty
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HighLights
- Seven residential units in South Scranton
- Unit mix: four 3‑BR apartments, one 2‑BR apartment, and two 1‑BR apartments
- Includes 3 on‑site garage spaces for additional income
Overview
Located in South Scranton at 1418 Pittston Ave, the building is offered for sale. The listing notes the unit mix as the primary component of the property’s structure and leasing profile, along with the attached garage space count.
For investors or owner-operators, the balanced unit mix of 3-bedroom, 2-bedroom, and 1-bedroom apartments can support diversified tenant demand within the same asset. The inclusion of three garage spaces can be a practical add-on for day-to-day resident needs. This offering is presented as an investment opportunity with income-generating residential units and garage space included on the property.
Local Financial Insights For Apartment 5plus
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 | $92.3k | $14.88 |
| − Vacancy | −$5.4k | −$0.86 |
| EGI | $86.9k | $14.02 |
| − OpEx | −$39.1k | −$6.31 |
| NOI | $47.8k | $7.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.6732987
- Latitude
- 41.3921954
