Three-Unit Multifamily
For Sale
$350,000
Pending
1055 Carmalt Street, Dickson City, PA 18519
Residential Income, Dickson City, PA
Property Size2,756 SF
Lot Size0.11 Acres
Days on Market152
Property Features for 1055 Carmalt Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Basement
Parking features
On Street
Window features
Insulated Windows
Patio and Porch features
Deck, Porch
Basement
Block
Appliances
Dryer, Washer
Lot features
Not In Development
Elementary school district
Mid Valley
Middle school district
Mid Valley
High school district
Mid Valley
Directions
US Bus 6. slight right onto Hulls Creek Rd turn left onto Scott Rd continue onto Dundaff turn right onto Scott Rd, right onto Carmalt
Standard status
Pending
APN
11316060003
Size
2,756 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
30X165x20x83x10x82 W-03 B-021 L-002
Tax Annual Amount
2147
Legal Description
30X165x20x83x10x82 W-03 B-021 L-002
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1940
Floors in Building
3
Number of units
3
Flooring type
Varies
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Shelby Hess · License #RS355195
(570) 470-6825
Added: May 19
Changed: Sep 12
Last Checked: Oct 17 at 1:06AM
MLS# SC262311
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.
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Investment Insights
Based on property information with market context.
This fully occupied three-unit multifamily property offers 2,756 square feet on a 0.11-acre lot. Built in 1940, the property features vinyl siding, a metal roof, natural gas heating, window and wall/window cooling units, and a mix of flooring. Separate utilities support distinct unit management, while washers and dryers are included. Outdoor features include a deck and porch.
The property is located in Dickson City, near hospitals, shopping, restaurants, and everyday services. Public water and public sewer serve the building, and parking is available on the street. The property is zoned R1 and includes bedrooms, three bathrooms, and a basement.
The property is located in Dickson City, near hospitals, shopping, restaurants, and everyday services. Public water and public sewer serve the building, and parking is available on the street. The property is zoned R1 and includes bedrooms, three bathrooms, and a basement.
Key Highlights
- Fully occupied three‑unit multifamily property
- 2,756 square feet on a 0.11‑acre lot
- Separate utilities for the individual units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,728
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,560
$454.6K
Cap Rate 7%
$324,686
$324.7K
Cap Rate 9%
$252,533
$252.5K
Market Conditions
NOI Build-Up for 2,756 SF
Gross rent
$34.7K $12.60/SF
− Vacancy
−$2.3K −$0.82/SF
EGI
$32.5K $11.78/SF
− OpEx
−$9.7K −$3.53/SF
NOI
$22.7K $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 Rate 5%
$454,560
Cap Rate 7%
$324,686
Cap Rate 9%
$252,533
Alternative Uses
Best Use
Multifamily LT 5
$324.7K
$284.1K – $378.8K
NOI $22,728 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K
NOI $21,247 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$699.5K
$612.1K – $816.1K
NOI $48,967 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 18519, PA
5,000
Population
2,672
Households
1.9
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
2,083
Density / Sq Mi
$58,061
Median Household Income
$44,533
Median Earnings
$924
Median Rent
$165,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied multifamily property with separated utilities, public services, and on-street parking.
Where is this triplex located?
The property is located at 1055 Carmalt Street Dickson City, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully occupied three‑unit multifamily property; 2,756 square feet on a 0.11‑acre lot; Separate utilities for the individual units
