1418 Pittston Avenue Scranton, PA 18505
MULTI_FAMILY - Scranton, PA
- Added:
- Apr 17, 2026
- Days on Market:
- 87
- Last Refresh:
- Jul 12 at 8:06 pm
Property Features for 1418 Pittston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Standard status
- Active
- APN
- 16707010032
- Size
- 6,200 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6631
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Number of units
- 7
Listing agent Sunita Arora License #RM061605A (570) 510-5840
Listing office ERA One Source Realty 230 Northern Blvd., Clarks Summit, PA (570) 587-9999
Listing date Apr 17, 2026
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.
The property is located at 1418 Pittston Avenue in Scranton, Pennsylvania, within an R2 zoning designation.
With a total building size of 6,200 square feet on a 0.13-acre lot, the layout supports a mix of unit sizes across the seven units.
Key Highlights
- Seven residential units provide substantial rental income potential.
- Three garage spaces offer additional income streams.
- Located in South Scranton.
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 |
