401 Putnam Street, Scranton, PA 18508
MULTI_FAMILY - Scranton, PA
- Added:
- Mar 27, 2026
- Days on Market:
- 105
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 401 Putnam Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 2
- Basement
- Full, Interior Entry, Unfinished
- Standard status
- Active
- APN
- 13411040017
- Size
- 1,554 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 29X73 Bldg & Land W-02 B-0770 L-0150 P-
- Tax Annual Amount
- 2742
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Steam
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 2
Listing agent Alexsis McGhee License #RS366599 (570) 520-8867
Listing office EXP Realty LLC 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA (888) 397-7352
Listing date Mar 27, 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.
HighLights
- Solid 2‑unit property with upstairs unit already renovated and rented
- Downstairs unit is vacant and available for showings; described as needing light cosmetic refresh
- Year built 1935
- Heating: natural gas steam
- Public water and public sewer
Overview
Local 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 | $19.6k | $12.60 |
| − Vacancy | −$1.3k | −$0.82 |
| EGI | $18.3k | $11.78 |
| − OpEx | −$5.5k | −$3.53 |
| NOI | $12.8k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.665874
- Latitude
- 41.43838
