Three-Unit Multifamily
For Sale
$259,000
108 110 E Atherton Street, Taylor, PA 18517
Residential Income, Taylor, PA
Property Size2,080 SF
Lot Size0.09 Acres
Price / SF$124.52
Days on Market35
Property Features for 108 110 E Atherton Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Zoning description
Multi-Family
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Parking features
On Street
Basement
Unfinished, Full
Elementary school district
Riverside
Middle school district
Riverside
High school district
Riverside
Directions
From Davis St, turn left onto Main Street, left onto E Atherton, house on right side.
Standard status
Active
APN
16618040009
Size
2,080 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
0.09A W-05 B-0070 L-0990 P-00000
Tax Annual Amount
3314
Legal Description
0.09A W-05 B-0070 L-0990 P-00000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
Ruddy Realty
(570) 282-4463
Listed By:
Lori Francis
(570) 885-3491
Added: Aug 9
Changed: Sep 12
Last Checked: Sep 12 at 6:06PM
MLS# SC263894
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 three-unit multifamily property contains 2,080 square feet on a 0.09-acre lot and was built in 1930. The building includes separate utilities, modern kitchens and bathrooms, five bedrooms, three bathrooms, and a basement. Natural gas provides heating, while the composition roof and public water and sewer support the existing improvements.
The property is located at 108 110 E Atherton Street in Taylor, Pennsylvania, with on-street parking available. R1 zoning applies to the site.
The property is located at 108 110 E Atherton Street in Taylor, Pennsylvania, with on-street parking available. R1 zoning applies to the site.
Key Highlights
- Three‑unit multifamily property with 2,080 square feet of building area
- 0.09‑acre lot with R1 zoning
- Separate utilities for the three units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,153
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$343,060
$343.1K
Cap Rate 7%
$245,043
$245.0K
Cap Rate 9%
$190,589
$190.6K
Market Conditions
NOI Build-Up for 2,080 SF
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.
Gross rent
$26.2K $12.60/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$24.5K $11.78/SF
− OpEx
−$7.4K −$3.53/SF
NOI
$17.2K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$343,060
Cap Rate 7%
$245,043
Cap Rate 9%
$190,589
Alternative Uses
Best Use
Multifamily LT 5
$245.0K
$214.4K – $285.9K
NOI $17,153 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$229.1K
$200.4K – $267.3K
NOI $16,035 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$527.9K
$462.0K – $615.9K
NOI $36,956 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 18517, PA
5,253
Population
2,117
Households
2.5
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
4.2 sq mi
ZIP Area
1,251
Density / Sq Mi
$70,996
Median Household Income
$41,141
Median Earnings
$1,163
Median Rent
$176,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Multifamily building with separate utilities, updated kitchens and bathrooms, and on-street parking.
Where is this triplex located?
The property is located at 108 110 E Atherton Street Taylor, PA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,080 square feet of building area; 0.09‑acre lot with R1 zoning; Separate utilities for the three units
