For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Five-Unit Multifamily Property Title is generated by Realmo AI

    162-164 Oliver Street, Swoyersville, PA 18704

    View on Map
    Claim this Listing
    For Sale
    $415,000

    MULTI_FAMILY - Swoyersville, PA

    Property size:
    4,350 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $95/SF
    Added:
    Jun 30, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 9 at 3:06 pm

    Property Features for 162-164 Oliver Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bedrooms
    10
    Bathrooms
    6
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 7, Bathroom 6, Bedroom 10, Bathroom 3, Bedroom 5, Basement, Bedroom 8, Bedroom 9, Bathroom 2
    Exterior features
    Aluminum, Vinyl
    Basement
    Full, Concrete
    Standard status
    Active
    APN
    F9SE4003020-59
    Size
    4,350 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Tenant personal property
    Tax Annual Amount
    4142

    Utilities

    Heating system
    Hot Water(Heating), Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Roof type
    Shingle

    We can help!

    Contact an agent
    Dawn R Wiringer

    Listing agent Dawn R Wiringer License #RS332734

    Listing office Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn 28 Carverton Road, Forty Fort, PA

    Listing date Jun 30, 2026

    MLS# 26-3141 Listing URL

    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.

    HighLights

    • 5 multi‑unit property with 1 efficiency unit plus one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom unit
    • 2 units currently vacant, ready for a new owner to lease
    • Newer furnaces and hot water heaters reported
    • Public water supply
    • Aluminum and vinyl exterior with a shingle roof

    Overview

    This well-maintained five-unit multifamily property is arranged as a mix of unit types, including one 3-bedroom unit, two 2-bedroom units, one 1-bedroom unit, and one efficiency apartment. Two units are currently vacant and ready for new occupancy. The property also benefits from newer furnaces and newer hot water heaters.

    The building is located at 162-164 Oliver Street in Swoyersville, Pennsylvania. With a lot size of 0.2066 acres, the property includes a spacious backyard that offers the opportunity to expand off-street parking. Additional space and flexibility may be useful for prospective owners evaluating how to improve the property’s day-to-day functionality.

    For buyers seeking a straightforward small multifamily acquisition, this asset offers a diversified unit mix across one-, two-, and three-bedroom layouts plus an efficiency. The presence of two vacant units can reduce turnover constraints for a new owner, while the documented mechanical upgrades may help support baseline building operations. The property’s rental history and overall condition make it a practical option for investors and owner-operators looking for manageable scale within a multi-family zoning framework.

    Local Financial Insights For Apartment 5plus

    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 $64.2k $14.76
    − Vacancy −$5.0k −$1.15
    EGI $59.2k $13.61
    − OpEx −$26.6k −$6.12
    NOI $32.6k $7.48
    4,350 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $465.1K
    $407.0K – $542.7K (±1% cap)
    NOI $32,559 @ 7.0% cap · market cap 7.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,466 @ 7.0% cap · market cap 23.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Swoyersville
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.891502
    Latitude
    41.287399

    FAQs

    What type of property is this?
    Apartment building - Well-maintained five-unit building with a mix of unit sizes and recent mechanical upgrades.
    Where is this apartment building located?
    The property is located at 162-164 Oliver Street Swoyersville, PA.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: 5 multi‑unit property with 1 efficiency unit plus one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom unit; 2 units currently vacant, ready for a new owner to lease; Newer furnaces and hot water heaters reported
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message