Two-Unit Residential Income
New
For Sale
$210,000
46 E Hazard Street, Summit Hill, PA 18250
MULTI_FAMILY - Summit Hill Boro, PA
Property Size1,344 SF
Lot Size0.09 Acres
Price / SF$156.25
Days on Market6
Property Features for 46 E Hazard Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3
Parking
3
Parking features
On Street, Garage
Subdivision
Not in Development
Elementary school district
Panther Valley
Middle school district
Panther Valley
High school district
Panther Valley
Directions
From PA-443 W, turn right onto Mill Road and continue approximately 5 miles into Summit Hill. Turn right onto Pine Street, then left onto E. Hazard Street. Continue to 46 E. Hazard Street, which will be on your left.
Standard status
Active
APN
123B-53-B13
Size
1,344 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
3749
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
VinylSiding
Listing Agency:
Harvey Z Raad Real Estate
(610) 433-5551
Listed By:
Montana A. Youssef
(484) 788-9527
Added: Jul 27
Changed: Jul 28
Last Checked: Aug 1 at 3:06AM
MLS# 781519
Copyright © 2026 Greater Lehigh Valley REALTORS. 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 two-unit residential income property combines separate living space with substantial enclosed garage utility. The front home is a spacious two-story layout featuring 3 bedrooms and 2 full bathrooms. At the rear, an oversized 40' x 23' garage offers 14-foot ceilings for storage, workshop, contractor, or hobby use. Above the garage is an additional 2-bedroom apartment, providing further living space or rental income.
The property is located in Summit Hill Boro, Pennsylvania, at 46 E Hazard Street in Carbon County. Zoning is listed as R3.
Overall, the configuration supports both residential occupancy and income potential, with the large garage volume serving as a practical differentiator for day-to-day storage and workspace needs.
The property is located in Summit Hill Boro, Pennsylvania, at 46 E Hazard Street in Carbon County. Zoning is listed as R3.
Overall, the configuration supports both residential occupancy and income potential, with the large garage volume serving as a practical differentiator for day-to-day storage and workspace needs.
Key Highlights
- Unique two‑unit property with a front 2‑story home (3 bedrooms, 2 full bathrooms) and a rear 2‑bedroom apartment above the garage
- Oversized 40' x 23' garage with 14‑foot ceilings, plus options for storage, a workshop, contractor use, or hobby space
- Public utilities: public water and public sewer
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 | $21.8k | $16.20 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $20.1k | $14.99 |
| − OpEx | −$6.0k | −$4.50 |
| NOI | $14.1k | $10.49 |
1,344 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.4K
$176.2K – $235.0K
NOI $14,098 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$177.2K
$155.0K – $206.7K
NOI $12,401 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$264.0K
$231.0K – $308.1K
NOI $18,483 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
2
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 18250, PA
3,046
Population
1,312
Households
2.3
Avg Household Size
43
Median Age
8%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
290
Density / Sq Mi
$66,685
Median Household Income
$38,981
Median Earnings
$1,172
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a spacious two-story front home and a large rear garage with a separate apartment above.
Where is this duplex located?
The property is located at 46 E Hazard Street Summit Hill, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Unique two‑unit property with a front 2‑story home (3 bedrooms, 2 full bathrooms) and a rear 2‑bedroom apartment above the garage; Oversized 40' x 23' garage with 14‑foot ceilings, plus options for storage, a workshop, contractor use, or hobby space; Public utilities: public water and public sewer