Two-Unit
New
For Sale
$169,900
546 N Bromley Avenue, Scranton, PA 18504
Separate utilities and off-street parking serve both units on a corner lot.
Property Size2,000 SF
Days on Market4
Property Features for 546 N Bromley Avenue
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
cosmetic TLC
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,417
Building Details
Building Size
2,000 SF
Year Built
1930
Buildings
1
Listing Agency:
SaraVista Real Estate LLC
Listed By:
Sara Weiss · License #RM425973
(570) 845-7292
Source:
Luxehomesnepa
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 13 at 2:31AM
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 SaraVista Real Estate LLC
Investment Insights
Based on property information with market context.
This two-unit duplex, built in 1930, has separate utilities for each unit. The property also includes off-street parking and a low-maintenance yard on a corner lot.
The two-unit configuration supports rental use or owner occupancy with a separate unit available to rent.
The two-unit configuration supports rental use or owner occupancy with a separate unit available to rent.
Key Highlights
- Two residential units
- Separate utilities for each unit
- Corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,419
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,380
$308.4K
Cap Rate 7%
$220,271
$220.3K
Cap Rate 9%
$171,322
$171.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$29.8K $14.88/SF
− Vacancy
−$1.7K −$0.86/SF
EGI
$28.0K $14.02/SF
− OpEx
−$12.6K −$6.31/SF
NOI
$15.4K $7.71/SF
Area
Lackawanna County, PA
Vacancy
5.80%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,380
Cap Rate 7%
$220,271
Cap Rate 9%
$171,322
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,493 @ 7.0% cap · market cap 9.71%
Second Best
Apartment 5plus
$220.3K
$192.7K – $257.0K
NOI $15,419 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$507.6K
$444.2K – $592.3K
NOI $35,535 @ 7.0% cap · market cap 20.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,101
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and off-street parking serve both units on a corner lot.
Where is this duplex located?
The property is located at 546 N Bromley Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two residential units; Separate utilities for each unit; Corner lot
