Four-Unit Multifamily with Metal Roof

810-812 Center Street Throop, PA 18512

Claim this Listing
New
For Sale
$349,000

MULTI_FAMILY - Throop, PA

Property size:
2,806 SF
Lot size:
0.12 Acres
Price / SF:
$124/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 12 at 6:06 pm

Property Features for 810-812 Center Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
r1
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Basement, Bathroom 2
Basement
Full
Standard status
Active
APN
12517040062
Size
2,806 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
43305

Building Details

Year built
1970
Floors in Building
2
Number of units
4

Listing agent John Michael Crotti

Listing office RE/MAX Home Team 948 Lakeland Dr., Scott Twp, PA

Listing date Jul 10, 2026

MLS# SC263318 Listing URL

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.


Investment Insights

Based on property information with market context.

This well-maintained four-unit multifamily property at 810-812 Center Street features a durable metal roof and separate utilities servicing the units. The offering is described as fully rented, supporting income-producing operations from the start.

Located in Throop, Pennsylvania, the property falls under an R1 zoning designation. The site totals approximately 0.12 acres, and the building size is approximately 2,806 square feet.

Key Highlights

  • Fully rented 4‑unit property in Throop
  • Well‑maintained building with a durable metal roof
  • Separate utilities

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 $35.4k $12.60
− Vacancy −$2.3k −$0.82
EGI $33.1k $11.78
− OpEx −$9.9k −$3.53
NOI $23.1k $8.25
2,806 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$330.6K
$289.3K – $385.7K (±1% cap)
NOI $23,140 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$309.0K
$270.4K – $360.5K (±1% cap)
NOI $21,632 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$712.2K
$623.2K – $830.9K (±1% cap)
NOI $49,855 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Fully rented four-unit property with a durable metal roof and separate utilities.
Where is this quadplex located?
The property is located at 810-812 Center Street Throop, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Fully rented 4‑unit property in Throop; Well‑maintained building with a durable metal roof; Separate utilities
Contact an agent
More about this property
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