Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dickson City Investment Property Title is generated by Realmo AI

    1055 Carmalt Street, Dickson City, PA 18519

    View on Map
    Claim this Listing
    New
    For Sale
    $350,000

    MULTI_FAMILY - Dickson City, PA

    Property size:
    2,756 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $126/SF
    Added:
    May 19, 2026
    Days on Market:
    5
    Last Refresh:
    May 23 at 5:06 pm

    Property Features for 1055 Carmalt Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Basement, Bedroom 3, Bathroom 3
    Parking features
    On Street
    Window features
    Insulated Windows
    Patio and Porch features
    Deck, Porch
    Basement
    Block
    Appliances
    Dryer, Washer
    Standard status
    Active
    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
    1792

    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

    We can help!

    Listing Contact
    Shelby Hess

    Listing agent Shelby Hess License #AB069514

    Listing office EXP Realty LLC 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA

    Listing date May 19, 2026

    MLS# SC262311 Listing URL

    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.

    HighLights

    • Fully occupied 3‑unit investment property producing steady rental income.
    • Prime location in Dickson City, minutes from hospitals, shopping, and restaurants.
    • Separated utilities for streamlined management and efficiency.
    • Strong tenant demand and long‑term rental potential.
    • Option to purchase alongside a sister property for greater income potential.
    • Includes essential appliances: Washer and Dryer.

    Overview

    Located in Dickson City, Pennsylvania, 1055 Carmalt Street is a fully occupied three-unit investment property. The property is currently producing rental income. The units have separated utilities. The property is situated near hospitals, shopping, restaurants, and other everyday essentials. The location is attractive to tenants and offers long-term rental potential. The property size is 2756 square feet and the lot size is 0.11 acres. The zoning is R1. The property can be purchased alongside a sister property.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $252.5K
    NOI $22,728 @ 9.00% cap · cautious / downside scenario
    Moderate
    $324.7K
    NOI $22,728 @ 7.00% cap · market / base-case scenario
    Aggressive
    $454.6K
    NOI $22,728 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $34.7k $12.60
    − Vacancy −$2.3k −$0.82
    EGI $32.5k $11.78
    − OpEx −$9.7k −$3.53
    NOI $22.7k $8.25
    2,756 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $324.7K
    $284.1K – $378.8K (±1% cap)
    NOI $22,728 @ 7.0% cap · market cap 6.49%
    Second Best
    Apartment 5plus
    $303.5K
    $265.6K – $354.1K (±1% cap)
    NOI $21,247 @ 7.0% cap · market cap 6.07%
    Theoretical Best
    Office A
    $699.5K
    $612.1K – $816.1K (±1% cap)
    NOI $48,967 @ 7.0% cap · market cap 13.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dickson City
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6203347
    Latitude
    41.4667661

    Nearby Similar for Sale

    • $825,000
      12,700 SF

      Dickson City Corner Commercial Property

      Corner property with warehouse and multiple buildings in high-traffic area.
      2250 Scranton Carbondale Highway, Dickson City, PA 18519
      View Details
    • $295,000
      2,365 SF

      Turn-Key Dickson City Investment Property

      Well-maintained, fully occupied 3-unit property in desirable Dickson City neighborhood.
      645-647 Laurel Street, Dickson City, PA 18519
      View Details
    • $349,900
      2,280 SF

      Renovated Triplex Investment Opportunity

      Turnkey Dickson City triplex with strong rental potential.
      1166 Breaker Street, Dickson City, PA 18519
      View Details
    • $1,250,000
      3,600 SF

      Renovated Commercial Space Near Hospital

      3600 sq ft commercial/office space near Lehigh Valley Hospital.
      316 Main Street, Dickson City, PA 18519
      View Details
    • Contact for pricing

      Dickson City Pad Site Available

      Pad site available for ground lease in Dickson City, PA.
      3907 Commerce Blvd, Dickson City, PA 18519
      View Details
    • $649,000
      2,000 SF

      Mixed-Use Property on Main Street

      Prime corner lot for commercial or residential development.
      961 Main St, Dickson City, PA 18519
      View Details

    FAQs

    What type of property is this?
    Triplex - Fully occupied three-unit property in Dickson City, Pennsylvania.
    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 3‑unit investment property producing steady rental income.; Prime location in Dickson City, minutes from hospitals, shopping, and restaurants.; Separated utilities for streamlined management and efficiency.
    (570) 470-6825
    We can help!
    Listing Contact
    Shelby Hess
    Real Estate License ID: AB069514
    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

    Thank You for Inquiry
    1055 Carmalt Street, Dickson City, PA 18519
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!