514 Brook Street, Scranton, PA 18505
MULTI_FAMILY - Scranton, PA
- Added:
- Mar 13, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 9 at 3:06 am
Property Features for 514 Brook Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1, Basement, Bathroom 2, Bedroom 5
- Parking features
- Garage, On Street
- Patio and Porch features
- Deck, Porch
- Interior features
- Eat-in Kitchen
- Basement
- Storage Space, Unfinished
- Standard status
- Active
- APN
- 16707030038
- Size
- 2,200 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 70X50 W-20 B-051 L-025A P-002
- Tax Annual Amount
- 3519
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Tile
Listing agent Nicole Clark License #RS325727 (570) 881-6443
Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA (570) 344-6724
Listing date Mar 13, 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
- Spacious multi‑family home with over 2,100 sq ft of living space
- Includes 6 bedrooms and 2 bathrooms
- Eat‑in kitchen plus wood and tile flooring
- Heating includes natural gas and electric (heating)
- 1‑car garage with on‑street parking; deck and porch included
- Public water and public sewer
Overview
The property sits on a small lot of approximately 0.08 acres at 514 Brook Street in Scranton, Pennsylvania. The listing notes a convenient setting close to city amenities, shopping, and major routes.
For investors or owner-occupants, the layout is designed to accommodate multiple households within one asset, with bedrooms and baths that can align with a range of tenant needs. The presence of a garage and the duplex configuration make the property a practical option for those seeking rental income or a mixed-use approach where part of the residence can be occupied while the remainder is rented. All information and measurements are approximate and not warranted or guaranteed.
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 | $27.7k | $12.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $25.9k | $11.78 |
| − OpEx | −$7.8k | −$3.53 |
| NOI | $18.1k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.671367
- Latitude
- 41.392965