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Duplex with Upper 2-Bed Apartment

327 Chestnut Street Dunmore, PA 18512

Claim this Listing
New
For Sale
$209,000

COMMERCIAL - Dunmore, PA

Property size:
1,350 SF
Lot size:
0.19 Acres
Price / SF:
$154/SF
Added:
Jul 10, 2026
Days on Market:
4
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 327 Chestnut Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CNMU
Parking
6
Exterior features
Balcony
Standard status
Active
APN
14616010018
Size
1,350 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
53X183x50x136 Bldg & Land W-02 B-0050 L-016A P-02600
Tax Annual Amount
2624

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1940
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Linoleum, Tile, Carpet
Building materials
Stone, Vinyl Siding
Roof type
Composition

Listing agent Samuel R Scelta

Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA

Listing date Jul 10, 2026

MLS# SC263333

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 duplex includes an upstairs 2-bedroom apartment that is ready to rent. The downstairs area can be used to create an additional apartment or potentially support a small business, subject to local requirements and approvals.

The property is located in Dunmore Borough, Lackawanna County, Pennsylvania, and is zoned CNMU. Dunmore Borough representatives indicate that many light-traffic commercial usages may be permitted to operate; however, because no liquor license is included in the sale, bar/restaurant uses or other businesses that require a lot of parking would require special exception approval. All buyers and buyers’ agents should verify planned usage with Dunmore Borough.

Buyer must call or text the listing agent for an appointment, and 24-hour notice is required. All measurements are approximate and not warranted.

Key Highlights

  • Upstairs 2‑bedroom apartment ready to rent out
  • Downstairs space can be converted into another apartment or small business
  • Year built 1940 with stone and vinyl siding exterior

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 $17.0k $12.60
− Vacancy −$1.1k −$0.82
EGI $15.9k $11.78
− OpEx −$4.8k −$3.53
NOI $11.1k $8.25
1,350 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$159.0K
$139.2K – $185.6K (±1% cap)
NOI $11,133 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$148.7K
$130.1K – $173.5K (±1% cap)
NOI $10,408 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$342.7K
$299.8K – $399.8K (±1% cap)
NOI $23,986 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Daycare Center Bakery Storage Facility Catering Service HVAC Service (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offers an upstairs 2-bedroom apartment and downstairs space that can be configured as an apartment or small business.
Where is this duplex located?
The property is located at 327 Chestnut Street Dunmore, PA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Upstairs 2‑bedroom apartment ready to rent out; Downstairs space can be converted into another apartment or small business; Year built 1940 with stone and vinyl siding exterior
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More about this property
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