614 Boulevard Avenue, Scranton, PA 18519
MULTI_FAMILY - Scranton, PA
- Added:
- Jun 29, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 614 Boulevard Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 1, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- On Street
- Patio and Porch features
- Porch
- Interior features
- Eat-in Kitchen
- Basement
- Walk-Out Access, Interior Entry, Concrete, Unfinished
- Standard status
- Active
- APN
- 12408040051
- Size
- 1,866 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 40X212x41x208 W-01 B-0110 L-0020 P-00000
- Tax Annual Amount
- 1875
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
- Water front features
- River Access
- Water front
- 1
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Wood
Listing agent Robert J Vanston License #RM046573A (570) 840-0152
Listing office Berkshire Hathaway Home Services Preferred Properties 721 S. State St., Clarks Summit, PA (570) 585-1500
Listing date Jun 29, 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
- Two distinct units in a double‑block home: right unit has 6 rooms with 3 bedrooms and 1 bathroom; left unit has 5 rooms with 2 bedrooms and 1 bathroom
- Utilities are separate for each unit, with 2 gas furnaces and separate heat and electric
- Waterfront features include river access, and the lot extends back over 200 feet
- Public water and public sewer; natural gas heating
- Interior includes an eat‑in kitchen; flooring includes vinyl, carpet, and wood
- Property offers a porch and on‑street parking; built in 1930
Overview
The home sits on a generous lot of 0.38 acres that extends back over 200 feet. The property fronts the Lackawanna River, and the neighboring properties are described as well-maintained. A public park is within walking distance.
With its two-unit layout and separate heating and electric service, this property can be a practical fit for owner-occupants or investors seeking a straightforward duplex configuration. The entire property is zoned R2, which may support a variety of residential uses consistent with local regulations. For more details on the units, utility setup, and viewing, contact the listing broker to schedule a tour.
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 | $23.5k | $12.60 |
| − Vacancy | −$1.5k | −$0.82 |
| EGI | $22.0k | $11.78 |
| − OpEx | −$6.6k | −$3.53 |
| NOI | $15.4k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.62274
- Latitude
- 41.455027
