Duplex with Oversized
For Sale
$210,000
46 E Hazard Street, Summit Hill, PA 18250
MULTI_FAMILY - Summit Hill Boro, PA
Property Size1,344 SF
Lot Size0.09 Acres
Price / SF$156.25
Days on Market11
Property Features for 46 E Hazard Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
Parking
3
Parking features
Garage, On Street
Subdivision
Not in Development
Elementary school district
Panther Valley
Middle school district
Panther Valley
High school district
Panther Valley
Directions
From PA-443 W, turn right onto Mill Road and continue approximately 5 miles into Summit Hill. Turn right onto Pine Street, then left onto E. Hazard Street. Continue to 46 E. Hazard Street, which will be on your left.
Standard status
Active
APN
123B-53-B13
Size
1,344 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
3749
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
VinylSiding
Listing Agency:
Harvey Z Raad Real Estate
(610) 433-5551
Listed By:
Montana A. Youssef
(484) 788-9527
Added: Jul 27
Changed: Aug 1
Last Checked: Aug 6 at 1:06PM
MLS# 781519
Copyright © 2026 Greater Lehigh Valley REALTORS. 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.
Duplex in R3 zoning with a two-story front residence and an additional apartment above a large rear garage. The front home features a spacious layout with 3 bedrooms and 2 full bathrooms. The rear includes an oversized 40' x 23' garage with 14-foot ceilings, suited for storage, a workshop, contractor use, or hobby space. Above the garage is a 2-bedroom apartment that can provide additional living space or rental income.
The property sits on a 0.085-acre lot with 1,344 square feet of building area. Construction includes vinyl siding and electric heating. Parking is available with a garage and on-street spaces.
The front and rear components create a versatile live-and-rent configuration in Summit Hill Boro, Carbon County, PA. Public water and public sewer services are provided.
The property sits on a 0.085-acre lot with 1,344 square feet of building area. Construction includes vinyl siding and electric heating. Parking is available with a garage and on-street spaces.
The front and rear components create a versatile live-and-rent configuration in Summit Hill Boro, Carbon County, PA. Public water and public sewer services are provided.
Key Highlights
- Oversized rear garage measures 40' x 23' with 14‑foot ceilings
- Duplex in R3 zoning with a front two‑story residence and apartment above
- Front home includes 3 bedrooms and 2 full bathrooms
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
$14,098
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
6.71%
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%
$281,960
$282.0K
Cap Rate 7%
$201,400
$201.4K
Cap Rate 9%
$156,644
$156.6K
Market Conditions
NOI Build-Up for 1,344 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
$21.8K $16.20/SF
− Vacancy
−$1.6K −$1.22/SF
EGI
$20.1K $14.99/SF
− OpEx
−$6.0K −$4.50/SF
NOI
$14.1K $10.49/SF
Area
Carbon County, PA
Vacancy
7.50%
Lease Rate
$16.20 /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%
$281,960
Cap Rate 7%
$201,400
Cap Rate 9%
$156,644
Alternative Uses
Best Use
Multifamily LT 5
$201.4K
$176.2K – $235.0K
NOI $14,098 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$177.2K
$155.0K – $206.7K
NOI $12,401 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$264.0K
$231.0K – $308.1K
NOI $18,483 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 18250, PA
3,046
Population
1,312
Households
2.3
Avg Household Size
43
Median Age
8%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
290
Density / Sq Mi
$66,685
Median Household Income
$38,981
Median Earnings
$1,172
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in R3 zoning with public water and sewer, plus a large rear garage and apartment above.
Where is this duplex located?
The property is located at 46 E Hazard Street Summit Hill, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Oversized rear garage measures 40' x 23' with 14‑foot ceilings; Duplex in R3 zoning with a front two‑story residence and apartment above; Front home includes 3 bedrooms and 2 full bathrooms
