Two-Unit Residential Income
206 Johnson St Pittston, PA 18640
206 Johnson St, Pittston, PA, 18640
$195,000
For Sale
$195,000
Two-unit duplex on contiguous parcels with outside parking and a yard, including multi-level living areas in both units.
Property Size2,375 SF
Price / SF$82.11
Days on Market3039
Property Features for 206 Johnson St
General Information
- Standard status
- Active
- Size
- 2,375 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1800
Listing agency
DLP Realty
(610) 756-2090
Listed by
Donald Wenner
(866) 450-0442
Source
Xome
Added: Mar 28, 2018 Updated: Jul 21 at 3:31PM Checked: Jul 22 at 3:38AM
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 DLP Realty
Investment Insights
Based on property information with market context.
This two-unit duplex is set on several contiguous parcels on a dead-end street, offering an outside lot with plenty of parking and space to enjoy the yard. Unit A features a large open living and dining area with an eat-in kitchen, plus a full bath and first-floor laundry. The second floor includes two large bedrooms, and there is a sunroom with access to the back yard.
Unit B offers an open first floor with a full bath, spacious living room, dining room, kitchen, and a first-floor bedroom. The second floor includes the main bedroom with a walk-in closet and main bedroom bath, along with a third large bedroom with a walk-in closet.
The property is described as being close to highways as well as shopping and entertainment, and is presented as ready to tour.
Unit B offers an open first floor with a full bath, spacious living room, dining room, kitchen, and a first-floor bedroom. The second floor includes the main bedroom with a walk-in closet and main bedroom bath, along with a third large bedroom with a walk-in closet.
The property is described as being close to highways as well as shopping and entertainment, and is presented as ready to tour.
Key Highlights
- 2‑unit duplex on several contiguous parcels on a dead‑end street.
- Outside lot includes a fenced yard and plenty of parking, plus a sunroom with access to the back yard.
- Unit A features a large open living room, dining room, eat‑in kitchen, full bath, and first‑floor laundry.
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 | $35.1k | $14.76 |
| − Vacancy | −$2.7k | −$1.15 |
| EGI | $32.3k | $13.61 |
| − OpEx | −$14.5k | −$6.12 |
| NOI | $17.8k | $7.48 |
2,375 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.8K
$239.6K – $319.5K
NOI $19,167 @ 7.0% cap · market cap 9.83%
Second Best
Apartment 5plus
$253.9K
$222.2K – $296.3K
NOI $17,776 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$752.4K
$658.4K – $877.8K
NOI $52,668 @ 7.0% cap · market cap 27.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex on contiguous parcels with outside parking and a yard, including multi-level living areas in both units.
Where is this duplex located?
The property is located at 206 Johnson St Pittston, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2‑unit duplex on several contiguous parcels on a dead‑end street.; Outside lot includes a fenced yard and plenty of parking, plus a sunroom with access to the back yard.; Unit A features a large open living room, dining room, eat‑in kitchen, full bath, and first‑floor laundry.
