Two-Unit Duplex with Separate
For Sale
$180,000
Pending
14A E Oak Street, Pittston, PA 18640
Fully occupied duplex with separate utilities, newer gas furnaces, and hot water heaters serving each unit.
Property Size1,872 SF
Days on Market52
Property Features for 14A E Oak Street
General Information
Standard status
Pending
Size
1,872 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,991
Building Details
Building Size
1,872 SF
Listing Agency:
Century 21 Signature Properties
Listed By:
Ron Wilson/JenineFinarelli Team
(570) 371-7016
Source:
Luxehomesnepa
Added: Aug 29
Changed: Oct 6
Last Checked: Oct 16 at 2:31PM
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 Century 21 Signature Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 14A and 14B East Oak Street in Pittston Township, this duplex includes two separate residential units. Each side has its own gas furnace and hot water heater, while utility services are separately metered or allocated between the units. Both residences are occupied by month-to-month tenants. The property is offered in as-is condition and may suit buyers seeking a small multifamily asset with distinct unit systems and existing occupancy.
Key Highlights
- Two‑unit duplex at 14A and 14B East Oak Street
- Separate utilities for each side
- Newer gas furnaces serving both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,108
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,160
$302.2K
Cap Rate 7%
$215,829
$215.8K
Cap Rate 9%
$167,867
$167.9K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$23.6K $12.60/SF
− Vacancy
−$2.0K −$1.07/SF
EGI
$21.6K $11.53/SF
− OpEx
−$6.5K −$3.46/SF
NOI
$15.1K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,160
Cap Rate 7%
$215,829
Cap Rate 9%
$167,867
Alternative Uses
Best Use
Multifamily LT 5
$215.8K
$188.9K – $251.8K
NOI $15,108 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$200.2K
$175.2K – $233.5K
NOI $14,012 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 23.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 18640, PA
16,351
Population
8,036
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
586
Density / Sq Mi
$57,358
Median Household Income
$39,733
Median Earnings
$890
Median Rent
$135,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with separate utilities, newer gas furnaces, and hot water heaters serving each unit.
Where is this duplex located?
The property is located at 14A E Oak Street Pittston, PA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Two‑unit duplex at 14A and 14B East Oak Street; Separate utilities for each side; Newer gas furnaces serving both units
