Residential Income
1213 Hazel Street Harveys Lake, PA 18618
New
For Sale
$320,000
MULTI_FAMILY - Harveys Lake, PA
Property Size1,900 SF
Lot Size0.16 Acres
Price / SF$168.42
Days on Market3
Property Features for 1213 Hazel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
- Exterior features
- Vinyl
- Basement
- Concrete, Full
- Standard status
- Active
- APN
- 74-D6S3-002-009
- Size
- 1,900 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1801
Utilities
- Heating system
- Electric (Heating), Baseboard
- Water source
- Well
Building Details
- Roof type
- Shingle
Listing Agency:
Keller Williams Real Estate, Kingston
(570) 585-5800
Listed By:
Michael Nastasiak · License #RS362481
(570) 406-0572
Added: Jul 24
Last Checked: Jul 26 at 10:06AM
MLS# 26-3651
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex is currently generating rental income. The property’s rear unit is rented, providing an income-producing setup within a single residential income structure.
Located in Harveys Lake, Pennsylvania, the home sits on a small lot. The listing describes the area as suitable for year-round recreation and nearby activities such as boating and fishing.
With two residential units under one roof and current occupancy in the rear unit, the property offers straightforward residential income utility for an owner seeking ongoing cash flow.
Located in Harveys Lake, Pennsylvania, the home sits on a small lot. The listing describes the area as suitable for year-round recreation and nearby activities such as boating and fishing.
With two residential units under one roof and current occupancy in the rear unit, the property offers straightforward residential income utility for an owner seeking ongoing cash flow.
Key Highlights
- Well‑maintained home currently generating strong rental income
- Rear unit is rented out
- 5 bedrooms and 2 bathrooms
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 | $23.9k | $12.60 |
| − Vacancy | −$2.0k | −$1.07 |
| EGI | $21.9k | $11.53 |
| − OpEx | −$6.6k | −$3.46 |
| NOI | $15.3k | $8.07 |
1,900 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.1K
$191.7K – $255.6K
NOI $15,334 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$203.2K
$177.8K – $237.0K
NOI $14,221 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$601.9K
$526.7K – $702.2K
NOI $42,134 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with a rear unit currently rented and generating rental income.
Where is this duplex located?
The property is located at 1213 Hazel Street Harveys Lake, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Well‑maintained home currently generating strong rental income; Rear unit is rented out; 5 bedrooms and 2 bathrooms
