Duplex with Covered Front
New
For Sale
$239,900
10 Orchard Pl, Lackawanna, NY 14218
Each unit includes two bedrooms, a full bath, living room, and eat-in kitchen.
Days on Market4
Property Features for 10 Orchard Pl
General Information
Standard status
Active
Property subtype
Multi Family
Amenities
covered front porch
fully fenced back yard
basement storage
garage storage
double laundry hookups
walk-out doors
Building Details
Building Size
1,680 SF
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
(716) 208-1103
Listed By:
Barbara A Roy
(716) 208-1103
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 6:48AM
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 Barbara A Roy
Investment Insights
Based on property information with market context.
Built in 1950, this duplex contains two apartments, each with 2 bedrooms, a full bath, bright living room, and eat-in kitchen. Both units open to a covered front porch, while the fully fenced backyard provides additional outdoor space. Separate gas and electric utilities serve each unit.
The basement adds storage, double laundry hookups, and walk-out doors. A garage provides additional storage, and the overhead garage door, opener, and keypad have been updated. Property updates include two furnaces approximately 1.5 and 8 years old, an 8-year-old roof, and a lower HWT that is 5 years old. Located at 10 Orchard Pl in Lackawanna, the property has a Walk Score of 65, a Bike Score of 56, and a Transit Score of 31.
The basement adds storage, double laundry hookups, and walk-out doors. A garage provides additional storage, and the overhead garage door, opener, and keypad have been updated. Property updates include two furnaces approximately 1.5 and 8 years old, an 8-year-old roof, and a lower HWT that is 5 years old. Located at 10 Orchard Pl in Lackawanna, the property has a Walk Score of 65, a Bike Score of 56, and a Transit Score of 31.
Key Highlights
- Two‑unit duplex built in 1950
- Each unit has 2 bedrooms, a full bath, living room, and eat‑in kitchen
- Covered front porch and fully fenced backyard
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 | $25.2k | $15.00 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $23.8k | $14.17 |
| − OpEx | −$7.1k | −$4.25 |
| NOI | $16.7k | $9.92 |
1,680 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$238.1K
$208.4K – $277.8K
NOI $16,670 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$219.3K
$191.9K – $255.9K
NOI $15,354 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$404.0K
$353.5K – $471.3K
NOI $28,280 @ 7.0% cap · market cap 11.79%
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
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
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?
Duplex - Each unit includes two bedrooms, a full bath, living room, and eat-in kitchen.
Where is this duplex located?
The property is located at 10 Orchard Pl Lackawanna, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1950; Each unit has 2 bedrooms, a full bath, living room, and eat‑in kitchen; Covered front porch and fully fenced backyard
