Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    59-61 Johnson Street Pittston, PA 18640

    View on Map
    For Sale
    $238,900

    MultiFamily - Pittston, PA

    Property size:
    2,300 SF
    Added:
    Mar 19, 2026
    Days on Market:
    13
    Last Refresh:
    Mar 31 at 6:06 pm

    Property Features for 59-61 Johnson Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    1
    Parking features
    On Street
    Interior features
    Drywall, Plaster
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    E11SE1025002-72
    Size
    2,300 SF

    Taxes and HOA fees

    TaxAnnualAmount
    2629.49

    Utilities

    Heating system
    Natural Gas, Steam
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Trisha Ann Renna

    Listing agent Trisha Ann Renna License #RS371491

    Listing office Jonathan J. Nelson Real Estate 9 N. Main Street, Pittston, PA

    Listing date Mar 19, 2026

    MLS# 26-145 Listing URL

    Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Unit Property on Corner Lot

    This two-unit property is located on a corner lot and includes a one-car detached garage. The main unit has been renovated and features a three-bedroom, one-bath layout with modern updates. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittston
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.797664
    Latitude
    41.319529

    Nearby Similar for Sale

    • $599,000
      6,000 SF

      Turnkey Auto Mechanic Shop

      Thriving 6,000 SF auto shop with equipment and parking.
      25 Lambert Street, Pittston, PA 18640
      View Details
    • $1,325,000
      10,000 SF

      Mixed-Use Building in Exeter, PA

      Mixed-use property with retail, storage, and parking.
      1000 Wyoming Avenue, Exeter, PA 18643
      View Details
    • $170,000
      3,276 SF

      Pittston Multifamily Investment Opportunity

      Multifamily property in Pittston, PA. Great investment or starter home.
      120 Union Street, Pittston, PA 18640
      View Details
    • $209,900
      2,132 SF

      Pittston Duplex Investment Opportunity

      Duplex in Pittston, PA, offering stability and investment potential.
      30 Lagrange Street, Pittston, PA 18640
      View Details
    • $225,000
      1,796 SF

      Pittston Duplex with Income Potential

      Versatile duplex in Pittston with income potential, convenient location.
      17 Sand Street, Pittston, PA 18640
      View Details
    • Contact for pricing

      Retail Space in Anchored Center

      Former Kmart space available in Planet Fitness anchored shopping center.
      1874 North Township Boulevard, Pittston, PA 18640
      View Details
    • Contact for pricing

      Retail Space in Grocery Center

      Retail space available in grocery-anchored shopping center.
      2000 North Township Boulevard, Pittston, PA 18640
      View Details
    • Contact for pricing
      178,700 SF

      West Pittston Warehouse for Rent

      178,700 SF warehouse in West Pittston, Pennsylvania.
      4 th & Pacific Ave W, Pittston, PA
      View Details
    • $19
      79,488 SF

      Retail Space in Pittston Center

      Retail spaces available in shopping center anchored by Redners.
      2000 N Twp Blvd, Pittston, PA 18640
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property with renovated main unit and detached garage.
    Where is this duplex located?
    The property is located at 59-61 Johnson Street Pittston, PA.
    What is the asking price?
    The asking price for this property is $238,900.
    What are key features of this property?
    This property features: Renovated main unit featuring three bedrooms and one bath.; Two‑unit property offering versatility.; Situated on a corner lot.
    (570) 702-6253
    We can help!
    Listing Contact
    Trisha Ann Renna
    Real Estate License ID: RS371491
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!