Two-Unit Duplex With
For Sale
$299,000
26-28 Glinko Street, Scranton, PA 18504
Fully occupied duplex with two 3-bedroom units, each with separate heat and electric, plus on-street and off-street parking.
Property Size2,500 SF
Days on Market112
Property Features for 26-28 Glinko Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi Family
Occupancy
100%
Building Details
Building Size
2,500 SF
Year Built
1930
Tenancy
Multi
Listing Agency:
EXP Realty LLC
(570) 862-1318
Listed By:
Elizabeth Williams
Source:
Luxehomesnepa
Added: Apr 16
Changed: Jul 31
Last Checked: Aug 2 at 12:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
This fully occupied two-unit duplex offers two spacious 3-bedroom units, with each side served by separate heat and electric for tenant control. The property includes both on-street parking and off-street parking to support everyday convenience.
Built in 1930, the duplex is positioned as an income-producing rental property for an owner seeking a residential investment with established occupancy.
The layout is designed for independent living on each side, supported by separate utilities, and the combination of parking options helps accommodate tenants and guests.
Built in 1930, the duplex is positioned as an income-producing rental property for an owner seeking a residential investment with established occupancy.
The layout is designed for independent living on each side, supported by separate utilities, and the combination of parking options helps accommodate tenants and guests.
Key Highlights
- Fully occupied two‑unit duplex
- Two 3‑bedroom units, one on each side
- Separate heat and electric for each unit
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 | $31.5k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $29.5k | $11.78 |
| − OpEx | −$8.8k | −$3.53 |
| NOI | $20.6k | $8.25 |
2,500 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$294.5K
$257.7K – $343.6K
NOI $20,617 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$275.3K
$240.9K – $321.2K
NOI $19,273 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K
NOI $44,418 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 18504, PA
21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two 3-bedroom units, each with separate heat and electric, plus on-street and off-street parking.
Where is this duplex located?
The property is located at 26-28 Glinko Street Scranton, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Fully occupied two‑unit duplex; Two 3‑bedroom units, one on each side; Separate heat and electric for each unit
