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    Two-Unit Residential Income Property Title is generated by Realmo AI

    112 Regal Street, Hanover Township, PA 18706

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    Claim this Listing
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    For Sale
    $185,000

    MultiFamily - Hanover Township, PA

    Property size:
    1,800 SF
    Price / SF:
    $102/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 9:06 am

    Property Features for 112 Regal Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    1
    Parking features
    Off Street
    Interior features
    Drywall, Plaster
    Standard status
    Active
    APN
    25-I8S1-002-004
    Size
    1,800 SF

    Taxes and HOA fees

    Tax Annual Amount
    2459.46

    Utilities

    Heating system
    Baseboard, Electric (Heating), Hot Water (Heating), Natural Gas, Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Team Stash

    Listing agent Team Stash License #QA001653

    Listing office Christian Saunders Real Estate 771 E Drinker Street, Dunmore, PA

    Listing date Jun 10, 2026

    MLS# 26-2727 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.

    HighLights

    • 2‑unit property in Hanover Twp., with each unit offering 2 bedrooms
    • Both units are occupied by long‑term tenants
    • Each unit has separate heat and electric service
    • Includes off‑street parking and a one‑car garage
    • Shingle roof and a mix of drywall and plaster interior surfaces
    • Heating includes natural gas, electric, hot water, and baseboard; no central cooling

    Overview

    This well-maintained two-unit residential income property includes two separate homes, each with two bedrooms. The units are occupied by long-term tenants and each has its own heat and electric service, providing independent utility setups. Additional features include a one-car garage and off-street parking, along with a nice back yard.

    The property is located at 112 Regal Street in Hanover Township, in Luzerne County, Pennsylvania (18706). The listing is presented as a duplex-style multifamily asset under residential zoning.

    For buyers seeking a small, manageable residential income property, this configuration offers two distinct rental units with separate heat and electric. The presence of off-street parking and an on-site garage can be practical for tenant convenience, while the backyard adds usable outdoor space for both units.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $22.7k $12.60
    − Vacancy −$1.9k −$1.07
    EGI $20.8k $11.53
    − OpEx −$6.2k −$3.46
    NOI $14.5k $8.07
    1,800 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $207.5K
    $181.6K – $242.1K (±1% cap)
    NOI $14,527 @ 7.0% cap · market cap 7.85%
    Second Best
    Apartment 5plus
    $192.5K
    $168.4K – $224.6K (±1% cap)
    NOI $13,473 @ 7.0% cap · market cap 7.28%
    Theoretical Best
    Office A
    $570.2K
    $499.0K – $665.3K (±1% cap)
    NOI $39,917 @ 7.0% cap · market cap 21.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Pharmacy Big Box & Wholesale Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover Township
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.945715
    Latitude
    41.218299

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property with separate utilities, a backyard, and off-street parking.
    Where is this duplex located?
    The property is located at 112 Regal Street Hanover Township, PA.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 2‑unit property in Hanover Twp., with each unit offering 2 bedrooms; Both units are occupied by long‑term tenants; Each unit has separate heat and electric service
    More about this property
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