5-Unit Apartment Building with
For Sale
Contact for pricing
1200-1202 MAIN ST, Dickson City, PA 18519
Large 5-unit multifamily property with off-street parking and a spacious fenced-in shared backyard.
Property Size5,637 SF
Price / SF$88.52
Days on Market154
Property Features for 1200-1202 MAIN ST
General Information
Standard status
Active
Size
5,637 SF
Class
B
Property subtype
Multifamily
Zoning
Commercial Sale
Additional Details
Fenced Yard
Yes
Multifamily Units
5
Amenities
off-street parking
fenced-in shared backyard
Building Details
Year Built
1935
Stories
2
Units
8
Tenancy
Multi
Listing Agency:
Luxe Homes Real Estate LLC
Listed By:
Que Tran · License #PA RB069624
(717) 856-7324
Source:
Crexi
Added: May 26
Changed: Oct 11
Last Checked: Oct 24 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxe Homes Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1200–1202 Main St in Dickson City, PA, this 5-unit apartment building presents an operating multifamily asset with existing income and practical on-site amenities. The property includes off-street parking and a large fenced-in shared backyard, providing outdoor space that can be utilized by residents.
The offering consists of five separate rental units within a cohesive building layout. The remarks also note that there are vacant units, along with the opportunity to review rent and expense details directly with the seller.
For investors or buyers seeking a multifamily building defined by its current scale and day-to-day functionality, this asset is built around five units, on-site parking convenience, and established shared exterior space.
The offering consists of five separate rental units within a cohesive building layout. The remarks also note that there are vacant units, along with the opportunity to review rent and expense details directly with the seller.
For investors or buyers seeking a multifamily building defined by its current scale and day-to-day functionality, this asset is built around five units, on-site parking convenience, and established shared exterior space.
Key Highlights
- Large 5‑unit apartment building in Dickson City, built in 1935
- Off‑street parking for residents
- Spacious fenced‑in shared backyard for the 5 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,457
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,140
$869.1K
Cap Rate 7%
$620,814
$620.8K
Cap Rate 9%
$482,856
$482.9K
Market Conditions
NOI Build-Up for 5,637 SF
Gross rent
$83.9K $14.88/SF
− Vacancy
−$4.9K −$0.86/SF
EGI
$79.0K $14.02/SF
− OpEx
−$35.6K −$6.31/SF
NOI
$43.5K $7.71/SF
Area
Lackawanna County, PA
Vacancy
5.80%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,140
Cap Rate 7%
$620,814
Cap Rate 9%
$482,856
Alternative Uses
Best Use
Apartment 5plus
$620.8K
$543.2K – $724.3K
NOI $43,457 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,154 @ 7.0% cap · market cap 20.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
607
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Large 5-unit multifamily property with off-street parking and a spacious fenced-in shared backyard.
Where is this apartment building located?
The property is located at 1200-1202 MAIN ST Dickson City, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Large 5‑unit apartment building in Dickson City, built in 1935; Off‑street parking for residents; Spacious fenced‑in shared backyard for the 5 units
