5-Unit Apartment Building with
1200-1202 MAIN ST Dickson City, PA 18519
For Sale
Contact for pricing
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 Market60
Property Features for 1200-1202 MAIN ST
General Information
- Standard status
- Active
- Size
- 5,637 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1935
Listing Agency:
Luxe Homes Real Estate LLC
(570) 818-5040
Listed By:
Que Tran · License #PA RB069624
Source:
Crexi
Added: May 26
Changed: Jul 23
Last Checked: Jul 24 at 10:37AM
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
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 For Apartment 5plus
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 | $83.9k | $14.88 |
| − Vacancy | −$4.9k | −$0.86 |
| EGI | $79.0k | $14.02 |
| − OpEx | −$35.6k | −$6.31 |
| NOI | $43.5k | $7.71 |
5,637 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
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
