$649,000
PENDING $50K PRICE DROP

Estimated payment $3,929/month

Total Views 24,713
-- Bed
-- Bath
9,400 Sq Ft
$69 Price per Sq Ft

Highlights

  • Paneling
  • Community Deck or Porch
  • 3-minute walk to Newport Wanamie Recreation
  • Hot Water Heating System
  • Hot Water Baseboard Heater

About This Home

Fully Occupied! Grossing over $76k per year with multiple revenue streams (residential apartments, storage, commercial lease, styling studio)- this building has it all! Featuring 3 residential apartments, 3 garage bays (4 total storage spaces), styling studio, and another large open commercial space- all which are fully occupied and bringing in stable income. This diversified income generating asset would make a great addition to any seasoned investors portfolio! The sale also includes a 10-space parking lot parcel that adds even more versatility and capabilities. Property has 4 separate electric meters. as well as electric baseboard heat in each apartment. -Each apartment is estimated 1100 sq ft each. Two are 3 bedroom units, the 3rd is an oversized 1 BR and easily can be converted to two bedrooms. Two parcels (Lot 008 & 011) offered for sale together:
-0.184 acres (50' x 160') with existing structure
-0.149 acres (50' x 130') vacant parking lot Check docs for est cap rates. Expenses can be furnished upon request.

Listing Agent

John Clawson

Dream Homes Real Estate LLC License #RS336506 Listed on: 10/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,957

Parking

  • Off-Street Parking

Home Design

  • Fire Rated Drywall
  • Composition Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 9,400 Sq Ft Home
  • Paneling

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • $190,000 per year additional tax assessments

Community Details

Building Details

  • Water Sewer Expense $4,200
  • Real Estate Tax Expense $4,957
  • Gross Income $76,800
  • Net Operating Income $55,821

Additional Features

  • 5 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,957

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Directions: From Main St. in Nanticoke, turn on Fairchild St. Building is on the corner of W. Union and Fairchild.
  • Expenses Annual Water Exp: 4200.0
  • Prop. Type: Residential Income
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Property Sub Type: Multi Family
  • Lot Size: .33 Acres
  • Co List Office Mls Id: 9045
  • Co List Office Phone: 570-852-5546
  • Inclusions: 3 Stoves/Ranges
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Has Basement: Concrete

Exterior Features

  • Roof: Composition
  • Exclusions: Business Equipment, Tenant Personal Property.
  • Construction Type: Stucco, Vinyl Siding
  • Exterior: Stucco, Vinyl
  • Roof: Comp Shingle

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Sewer: Public

Schools

  • Junior High Dist: Nanticoke

Lot Info

  • Zoning: Other - See Remarks

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 76800.0
  • Property Net Operating Income: 55821.0

Tax Info

  • Tax Annual Amount: 4956.76
  • Tax Book Number: 3003;3005
  • Tax Other Annual Assessment Amount: 190000.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,889 $150,000 $40,300 $109,700
2025 $3,913 $150,000 $40,300 $109,700
2024 $3,913 $150,000 $40,300 $109,700
2023 $3,859 $150,000 $40,300 $109,700
2022 $3,681 $150,000 $40,300 $109,700
2021 $3,601 $150,000 $40,300 $109,700
2020 $3,601 $150,000 $40,300 $109,700
2019 $3,572 $150,000 $40,300 $109,700
2018 $3,510 $150,000 $40,300 $109,700
2017 $3,447 $150,000 $40,300 $109,700
2016 $1,661 $150,000 $40,300 $109,700
2015 $4,413 $150,000 $40,300 $109,700
2014 $4,413 $150,000 $40,300 $109,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Pending -- -- --
01/13/2026 01/13/26 Price Changed $649,000 -7.2% $69 / Sq Ft
10/27/2025 10/27/25 For Sale $699,000 -- $74 / Sq Ft
Source: Luzerne County Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Special Warranty Deed $92,842 None Available
Source: Public Records

Source: Luzerne County Association of REALTORS®

MLS Number: 25-5413

APN: 42-J7SW3-003-011

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