Updated Duplex in
170 Terrace Street Carbondale, PA 18407
170 Terrace Street, Carbondale, PA, 18407
$209,000
For Sale
$209,000
MULTI_FAMILY - Other - Carbondale, PA
Property Size2,200 SF
Lot Size0.05 Acres
Price / SF$95
Days on Market339
Property Features for 170 Terrace Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bedroom 3
- Parking features
- On Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony
- Basement
- Full, Unfinished
- Appliances
- Microwave, Refrigerator, Oven
- Standard status
- Active
- APN
- 05509070044
- Size
- 2,200 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2838
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood
- Architectural style
- Other
Listing Agency
SIX PM LLC
(570) 352-5162
801 Court Street, Peckville, PA
Listed by
Jeremy J Watson · License #RM425357
(570) 352-5162
Added: Aug 16, 2025 Checked: Jul 20 at 12:06 am
MLS# PW-252686
Listing URL
Copyright © 2026 Pike/Wayne Association of Realtors MLS. 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.
This well-maintained duplex in Carbondale features two updated units, each with its own charm. The first-floor apartment includes a front porch, two bedrooms, and a living area. The second unit features a newer kitchen complete with granite countertops, updated flooring, three bedrooms, and a private balcony. Both units are occupied by long-term tenants. The property is zoned residential and has a lot size of 0.05 acres. The building size is 2200 square feet.
Key Highlights
- Up‑and‑down duplex with two updated units and long‑term tenants in place
- First‑floor unit includes a front porch and 2 bedrooms with a living area
- Second‑floor unit features a newer kitchen with granite countertops and 3 bedrooms
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 | $27.7k | $12.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $25.9k | $11.78 |
| − OpEx | −$7.8k | −$3.53 |
| NOI | $18.1k | $8.25 |
2,200 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,961 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$558.4K
$488.6K – $651.5K
NOI $39,088 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with updated units and long-term tenants.
Where is this duplex located?
The property is located at 170 Terrace Street Carbondale, PA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Up‑and‑down duplex with two updated units and long‑term tenants in place; First‑floor unit includes a front porch and 2 bedrooms with a living area; Second‑floor unit features a newer kitchen with granite countertops and 3 bedrooms
