15 Murray Street Larksville, PA 18704
MULTI_FAMILY - Larksville, PA
Property Features for 15 Murray Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Apartment Residential
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 3, Bathroom 5, Basement, Bedroom 5
- Parking features
- On Street
- Exterior features
- Vinyl
- Basement
- Dirt Floor
- Standard status
- Active
- APN
- 38-G9S1-002-030
- Size
- 3,060 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Tenants personal property
- Tax Annual Amount
- 1358
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1920
- Roof type
- Shingle
Listing agent Patricia Leighton License #AB069689 (570) 262-4569
Listing office C. A. Leighton Company Inc 15 Public Square, Wilkes-Barre, PA (570) 823-7144
Listing date Jul 14, 2026
Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Per the listing, tenants are responsible for gas and electric, while the owner pays water and sewer. The property is located at 15 Murray Street in Larksville, Pennsylvania (Luzerne County).
With three separate apartment layouts, the building provides a straightforward multi-family configuration for day-to-day occupancy and utility management as outlined in the offering details.
Key Highlights
- 3‑unit apartment building, fully tenant occupied
- Each unit includes living room, modern kitchen, 2 bedrooms, and 1.5 baths
- Shared back deck
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 | $38.6k | $12.60 |
| − Vacancy | −$3.3k | −$1.07 |
| EGI | $35.3k | $11.53 |
| − OpEx | −$10.6k | −$3.46 |
| NOI | $24.7k | $8.07 |
