627 S Blakely Street, Scranton, PA 18510
MULTI_FAMILY - Scranton, PA
- Added:
- May 8, 2025
- Days on Market:
- 403
- Last Refresh:
- Jun 14 at 1:06 pm
Property Features for 627 S Blakely Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Basement, Bedroom 2
- Basement
- Partial, Unfinished
- Standard status
- Active
- APN
- 14614030047
- Size
- 2,218 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1837
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Vinyl, Wood
- Roof type
- Shingle
Listing agent Jim Nasser License #AB065869 (570) 309-8799
Listing office NASSER REAL ESTATE, INC. 304 N. Main Ave., Scranton, PA (570) 342-4115
Listing date May 8, 2025
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
- Investment property with 3 apartments in Dunmore
- One unit currently rented; 2 units are vacant
- Gas heat; hardwood floors (plus vinyl flooring)
- Public water and public sewer
- Shingle roof
- Built in 1940
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 | $27.9k | $12.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $26.1k | $11.78 |
| − OpEx | −$7.8k | −$3.53 |
| NOI | $18.3k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.638674
- Latitude
- 41.416418
