88 7th Avenue, Carbondale, PA 18407
- Added:
- May 12, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 27 at 10:06 pm
Property Features for 88 7th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- r1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 2
- Parking features
- On Street
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Appliances
- Built-In Electric Range
- Standard status
- Pending
- APN
- 05505050044
- Size
- 1,675 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 60X38 W-03 B-0140 L-0030 P-00000
- Tax Annual Amount
- 1954
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Mary Ruddy (570) 280-0001
Listing office Ruddy Realty 25 N Main St, CARBONDALE, PA (570) 282-4463
Listing date May 12, 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
- Move‑in ready 2‑unit multifamily home (2 bedrooms per unit) built in 1930
- Each unit includes laundry hookups for added in‑home convenience
- Built‑in electric range included; natural gas heat and baseboard heating
- Laminate flooring with vinyl siding exterior and a composition roof
- Public sewer with on‑street parking, plus a porch and deck
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 | $21.1k | $12.60 |
| − Vacancy | −$1.4k | −$0.82 |
| EGI | $19.7k | $11.78 |
| − OpEx | −$5.9k | −$3.53 |
| NOI | $13.8k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carbondale
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.49959
- Latitude
- 41.570409
