3017 Main Street Green Lane, PA 18054
Renovated duplex in Green Lane with separate utilities for tenants.
Property Features for 3017 Main Street
General Information
- Standard status
- Active
- Size
- 1,932 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1940
Listing office Palmer Mack Real Estate Services (267) 994-6039
Listing date May 3, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Separate utilities for each apartment paid by tenants.
- Two apartments: 2‑bedroom + den (potential 3rd bedroom) unit and a 1‑bedroom unit.
- Recent renovations since 2023 including new A/C units, appliances, water heater, and insulation.
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 | $42.9k | $22.20 |
| − Vacancy | −$2.8k | −$1.44 |
| EGI | $40.1k | $20.76 |
| − OpEx | −$12.0k | −$6.23 |
| NOI | $28.1k | $14.53 |