Duplex with Two 3-Bed
428-430 North Street Lykens, PA 17048
428-430 North Street, Lykens, PA, 17048
$150,000
Pending
For Sale
$150,000
Pending
Well-maintained duplex with 3-bedroom units at 428 and 430 North Street, including off-street and street parking.
Property Size1,125 SF
Days on Market730
Property Features for 428-430 North Street
General Information
- Standard status
- Pending
- Size
- 1,125 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Iron Valley Real Estate of Central PA
(717) 805-8835
Listed by
Cari Potter · License #RS350418
(717) 805-8835
Source
Compass
Added: Jul 22, 2024 Updated: Jul 20 at 8:48PM Checked: Jul 21 at 6:04AM
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 Iron Valley Real Estate of Central PA
Investment Insights
Based on property information with market context.
This duplex includes two separate units at 428 and 430 North Street, each featuring three bedrooms. The 428 side is currently vacant and includes 1.5 bathrooms, and recent updates include new paint and lighting. The 430 side is tenant-occupied on a month-to-month lease and includes 1 bathroom, with first-floor laundry.
The property offers both off-street parking and easy street parking. It is located in Lykens within Dauphin County, in the Upper Dauphin Area School District.
The building configuration supports either owner-occupancy with rental income or continued rental use, with one unit available and the other currently occupied.
The property offers both off-street parking and easy street parking. It is located in Lykens within Dauphin County, in the Upper Dauphin Area School District.
The building configuration supports either owner-occupancy with rental income or continued rental use, with one unit available and the other currently occupied.
Key Highlights
- Duplex with two units at 428 and 430 North Street, each offering 3 bedrooms
- 428 North Street: 3BR, 1.5BA duplex unit with main entrance lock; currently vacant
- 430 North Street: 3BR, 1BA unit with first‑floor laundry and month‑to‑month tenant
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 | $15.5k | $13.80 |
| − Vacancy | −$1.2k | −$1.05 |
| EGI | $14.3k | $12.75 |
| − OpEx | −$4.3k | −$3.83 |
| NOI | $10.0k | $8.93 |
1,125 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$143.5K
$125.5K – $167.4K
NOI $10,042 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$127.8K
$111.9K – $149.2K
NOI $8,949 @ 7.0% cap · market cap 5.97%
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M
NOI $145,041 @ 7.0% cap · market cap 96.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with 3-bedroom units at 428 and 430 North Street, including off-street and street parking.
Where is this duplex located?
The property is located at 428-430 North Street Lykens, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with two units at 428 and 430 North Street, each offering 3 bedrooms; 428 North Street: 3BR, 1.5BA duplex unit with main entrance lock; currently vacant; 430 North Street: 3BR, 1BA unit with first‑floor laundry and month‑to‑month tenant
