Four-Unit Ground-Level
For Sale
$550,000
219 Lamplight Drive, Brodheadsville, PA 18322
Ground-level units feature private patios, privacy panels, and dedicated parking.
Property Size2,460 SF
Days on Market50
Property Features for 219 Lamplight Drive
General Information
Standard status
Active
Size
2,460 SF
Property subtype
Quadruplex
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Multifamily Units
4
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$8,001
Amenities
patio
Building Details
Building Size
2,460 SF
Year Built
1975
Buildings
1
Tenancy
Multi
Listing Agency:
WEICHERT Realtors Acclaim - Tannersville
Listed By:
Patricia Klenke
(570) 269-9962
Source:
Dpcomgroup
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 4:38AM
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 WEICHERT Realtors Acclaim - Tannersville
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Investment Insights
Based on property information with market context.
Built in 1975, this four-unit quadplex offers ground-level residences with individual patios enclosed by privacy panels. Each unit includes two parking spaces, while residents pay their own utilities. The property is fully rented, with the landlord responsible for trash service, snow removal, and lawn maintenance.
The property is situated near Routes 209, 33, and 80 in Brodheadsville, with local shopping, restaurants, diners, and pharmacies nearby. A twin property next door is also available for separate purchase, providing an additional option for buyers evaluating the two properties together.
The property is situated near Routes 209, 33, and 80 in Brodheadsville, with local shopping, restaurants, diners, and pharmacies nearby. A twin property next door is also available for separate purchase, providing an additional option for buyers evaluating the two properties together.
Key Highlights
- Four‑unit quadplex built in 1975
- All units are ground level and fully rented
- Each unit has its own patio with privacy panels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,924
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,480
$478.5K
Cap Rate 7%
$341,771
$341.8K
Cap Rate 9%
$265,822
$265.8K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$35.4K $14.40/SF
− Vacancy
−$1.2K −$0.51/SF
EGI
$34.2K $13.89/SF
− OpEx
−$10.3K −$4.17/SF
NOI
$23.9K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,480
Cap Rate 7%
$341,771
Cap Rate 9%
$265,822
Alternative Uses
Best Use
Multifamily LT 5
$341.8K
$299.1K – $398.7K
NOI $23,924 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$314.9K
$275.6K – $367.4K
NOI $22,046 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$736.3K
$644.3K – $859.0K
NOI $51,542 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 18322, PA
2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Ground-level units feature private patios, privacy panels, and dedicated parking.
Where is this quadplex located?
The property is located at 219 Lamplight Drive Brodheadsville, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1975; All units are ground level and fully rented; Each unit has its own patio with privacy panels
