Building Details

Year built 1900

Number of units 2

Building materials Vinyl Siding

Architectural style Other

Buildings 1

Listing Agency: Lime House c***@gmail.com Show Phone

Listed By: Aaron Glick · License #RS374368 Show Phone

Added: Sep 21 Changed: Oct 29 Last Checked: Nov 6 at 8:06AM

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MLS# PANU2003676

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex contains two separate residences with private laundry and porch access. The property offers approximately 1,984 square feet on a 0.125-acre lot and received a full update in 2025. Three electric meters serve the property; public water and sewer are connected. Ramp access and two off-street parking spaces are also included, along with two storage containers.

At 140 Water Street in Dalmatia, the property is within walking distance of the Susquehanna River and less than a quarter mile from the Dalmatia Boat Launch. The building dates to 1900.

Key Highlights

• Two separate residences with private laundry and porches
• Approximately 1,984 square feet on a 0.125‑acre lot
• Updated in 2025; original construction dates to 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,855

Cap Rate

6.32%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$297,100 $297.1K

Cap Rate 7%

$212,214 $212.2K

Cap Rate 9%

$165,056 $165.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,984 SF

Gross rent

$22.6K $11.40/SF

− Vacancy

−$1.4K −$0.70/SF

EGI

$21.2K $10.70/SF

− OpEx

−$6.4K −$3.21/SF

NOI

$14.9K $7.49/SF

Area

Northumberland County, PA

Vacancy

6.17%

Lease Rate

$11.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$297,100

Cap Rate 7%

$212,214

Cap Rate 9%

$165,056

Alternative Uses

Best Use

Multifamily LT 5

$212.2K

$185.7K – $247.6K (±1% cap)

NOI $14,855 @ 7.0% cap · market cap 6.32%

Second Best

Apartment 5plus

$195.9K

$171.4K – $228.5K (±1% cap)

NOI $13,712 @ 7.0% cap · market cap 5.83%

Theoretical Best

Warehouse

$2.41M

$2.11M – $2.82M (±1% cap)

NOI $168,988 @ 7.0% cap · market cap 71.91%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 17017, PA

1,723

Population

777

Households

2.2

Avg Household Size

48

Median Age

21%

College-Educated

88%

High-School Grad

25.3 sq mi

ZIP Area

68

Density / Sq Mi

$70,625

Median Household Income

$47,883

Median Earnings

$709

Median Rent

$200,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Each residence has its own laundry area, porch, and electric meter.

Where is this duplex located?

The property is located at 140 WATER Street Dalmatia, PA.

What is the asking price?

The asking price for this property is $235,000.

What are key features of this property?

This property features: Two separate residences with private laundry and porches; Approximately 1,984 square feet on a 0.125‑acre lot; Updated in 2025; original construction dates to 1900