Back to Search
Updated Triplex in Taylor, PA

323 Union Street Taylor, PA 18517

Claim this Listing
Pending
$375,000

MULTI_FAMILY - Taylor, PA

Property size:
3,508 SF
Lot size:
0.13 Acres
Added:
May 18, 2026
Days on Market:
56
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 323 Union Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 8, Basement, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 1, Bedroom 6, Bedroom 5
Parking features
On Street
Window features
Blinds
Patio and Porch features
Porch
Basement
Walk-Out Access
Appliances
Electric Oven, Free-Standing Refrigerator
Standard status
Pending
APN
16614070001
Size
3,508 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
65X86 W-04 B-004 L-045A P-000
Tax Annual Amount
3895

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public

Building Details

Year built
1920
Floors in Building
3
Number of units
3
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Asphalt

Listing agent Diane Stracham License #RS318034

Listing office ERA One Source Realty 230 Northern Blvd., Clarks Summit, PA

Listing date May 18, 2026

MLS# SC262347 Listing URL

Copyright © 2026 Greater Scranton Board 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 multifamily property in Taylor, PA, presents an investment opportunity with three updated units, each having signed leases. Unit 1 and Unit 3 feature three bedrooms, while Unit 2 offers two bedrooms. The property includes a basement with potential for further development. Each of the three units, as well as the basement, has separate utilities. The tenants are responsible for electric, heat, and water. The property is situated on a 0.13-acre lot and has a total area of 3508 square feet. The zoning is R. The property offers immediate cash flow.

Key Highlights

  • 3‑unit property with all 3 units having signed leases
  • Unit layout: units 1 and 3 have 3 bedrooms; unit 2 has 2 bedrooms
  • Each unit has separate utilities; basement also has separate utilities

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 $44.2k $12.60
− Vacancy −$2.9k −$0.82
EGI $41.3k $11.78
− OpEx −$12.4k −$3.53
NOI $28.9k $8.25
3,508 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$413.3K
$361.6K – $482.2K (±1% cap)
NOI $28,929 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$386.3K
$338.1K – $450.7K (±1% cap)
NOI $27,044 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$890.4K
$779.1K – $1.04M (±1% cap)
NOI $62,328 @ 7.0% cap · market cap 16.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Big Box & Wholesale Store Building Supply Law Firm Hair Salon Spa & Massage Center Pharmacy Electrical Service Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Investment opportunity: updated triplex with leases in place.
Where is this triplex located?
The property is located at 323 Union Street Taylor, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3‑unit property with all 3 units having signed leases; Unit layout: units 1 and 3 have 3 bedrooms; unit 2 has 2 bedrooms; Each unit has separate utilities; basement also has separate utilities
Contact an agent
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