Updated 3-Unit
For Sale
$285,000
122 Willow Street, Dunmore, PA 18512
Corner-lot property includes parking, shared outdoor space, and private decks for each apartment.
Property Size3,330 SF
Days on Market17
Property Features for 122 Willow Street
General Information
Standard status
Active
Size
3,330 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,624
Amenities
large shared yard
private wood deck
Building Details
Building Size
3,330 SF
Year Built
1930
Year Renovated
2025
Tenancy
Multi
Listing Agency:
LUXE Homes Real Estate LLC
Listed By:
Que V Tran · License #RB069624
Source:
Luxehomesnepa
Added: Jul 20
Changed: Aug 3
Last Checked: Aug 4 at 8:05AM
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.
Built in 1930, this triplex contains three apartments, with two currently occupied by long-term tenants and one available for an owner-occupant. Each unit has its own private wood deck, while the property also provides a shared yard and on-site parking. A new roof and water heater were installed in 2025.
The property is located at 122 Willow Street in Dunmore, Pennsylvania, on a corner lot. The landlord covers gas heat, water, and sewer; residents are responsible for electric service. The combination of an available apartment, existing tenancy, and separately defined utility responsibilities supports both owner-occupancy and rental use.
The property is located at 122 Willow Street in Dunmore, Pennsylvania, on a corner lot. The landlord covers gas heat, water, and sewer; residents are responsible for electric service. The combination of an available apartment, existing tenancy, and separately defined utility responsibilities supports both owner-occupancy and rental use.
Key Highlights
- Three‑unit property with two long‑term tenant‑occupied apartments and one vacant unit
- New roof and water heater installed in 2025
- Corner lot at 122 Willow Street, Dunmore, PA 18512
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 | $49.6k | $14.88 |
| − Vacancy | −$2.9k | −$0.86 |
| EGI | $46.7k | $14.02 |
| − OpEx | −$21.0k | −$6.31 |
| NOI | $25.7k | $7.71 |
3,330 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$392.3K
$343.3K – $457.7K
NOI $27,462 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$366.7K
$320.9K – $427.9K
NOI $25,672 @ 7.0% cap · market cap 9.01%
Theoretical Best
Office A
$845.2K
$739.6K – $986.1K
NOI $59,165 @ 7.0% cap · market cap 20.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Explore this area
Business Placement
Demographics for 18512, PA
12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
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 - Corner-lot property includes parking, shared outdoor space, and private decks for each apartment.
Where is this triplex located?
The property is located at 122 Willow Street Dunmore, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Three‑unit property with two long‑term tenant‑occupied apartments and one vacant unit; New roof and water heater installed in 2025; Corner lot at 122 Willow Street, Dunmore, PA 18512
