Triplex with Separate
New
For Sale
$259,000
108 110 E Atherton Street, Taylor, PA 18517
MULTI_FAMILY - Taylor, PA
Property Size2,080 SF
Lot Size0.09 Acres
Price / SF$124.52
Days on Market2
Property Features for 108 110 E Atherton Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Zoning description
Multi-Family
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3, Basement
Parking features
On Street
Basement
Full, Unfinished
Elementary school district
Riverside
Middle school district
Riverside
High school district
Riverside
Directions
From Davis St, turn left onto Main Street, left onto E Atherton, house on right side.
Standard status
Active
APN
16618040009
Size
2,080 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
0.09A W-05 B-0070 L-0990 P-00000
Tax Annual Amount
3314
Legal Description
0.09A W-05 B-0070 L-0990 P-00000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
modern kitchens and baths
Building Details
Year built
1930
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
Ruddy Realty
(570) 282-4463
Listed By:
Lori Francis
(570) 282-4463
Added: Aug 9
Last Checked: Aug 10 at 4:06AM
MLS# SC263894
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.
Located at 108 110 E Atherton Street in Taylor, this triplex contains three residential units within a 2,080-square-foot property. The layout includes five bedrooms, three bathrooms, and a basement, with separate utilities serving the units. Kitchens and baths are present throughout the property, supporting its multifamily configuration.
Built in 1930, the property sits on 0.09 acres and is zoned R1. Natural gas provides heating, while public water and public sewer serve the building. Parking is available on street, and the roof is composition.
Built in 1930, the property sits on 0.09 acres and is zoned R1. Natural gas provides heating, while public water and public sewer serve the building. Parking is available on street, and the roof is composition.
Key Highlights
- Three‑unit triplex with separate utilities
- 2,080 square feet on 0.09 acres
- Five bedrooms, three bathrooms, and a basement
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
$17,153
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
6.62%
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%
$343,060
$343.1K
Cap Rate 7%
$245,043
$245.0K
Cap Rate 9%
$190,589
$190.6K
Market Conditions
NOI Build-Up for 2,080 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
$26.2K $12.60/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$24.5K $11.78/SF
− OpEx
−$7.4K −$3.53/SF
NOI
$17.2K $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 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%
$343,060
Cap Rate 7%
$245,043
Cap Rate 9%
$190,589
Alternative Uses
Best Use
Multifamily LT 5
$245.0K
$214.4K – $285.9K
NOI $17,153 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$229.1K
$200.4K – $267.3K
NOI $16,035 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$527.9K
$462.0K – $615.9K
NOI $36,956 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 18517, PA
5,253
Population
2,117
Households
2.5
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
4.2 sq mi
ZIP Area
1,251
Density / Sq Mi
$70,996
Median Household Income
$41,141
Median Earnings
$1,163
Median Rent
$176,000
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?
Triplex - Three residential units feature individual utility service, kitchens, and baths.
Where is this triplex located?
The property is located at 108 110 E Atherton Street Taylor, PA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Three‑unit triplex with separate utilities; 2,080 square feet on 0.09 acres; Five bedrooms, three bathrooms, and a basement
