480 N Main Street, Archbald, PA 18403
MULTI_FAMILY - Archbald, PA
- Added:
- Jun 22, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 25 at 9:06 pm
Property Features for 480 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bathroom 6, Bathroom 3, Basement, Bedroom 8, Bathroom 5, Bathroom 7, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1
- Parking
- 2
- Spa
- 1
- Standard status
- Active
- APN
- 09513010024
- Size
- 4,845 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 0.085A E & S Barrett Sub L 2 W-01 B-419 L-480
- Tax Annual Amount
- 5610
Utilities
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 6
Listing agent Alexsis McGhee License #RS366599 (888) 397-7352
Listing office exp Realty, LLC - Philadelphia 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA (888) 397-7352
Listing date Jun 22, 2026
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6‑unit mixed‑use building (commercial salon level plus five residential apartments)
- Fully occupied property producing $76,800 in annual gross income
- Residential unit mix includes one-, two-, and three‑bedroom apartments
- Some tenants pay their own electric to help offset operating costs
- Capital improvements: new roof in 2021 and all units renovated in 2021
- New furnace installed in 2025; building built in 1930
Overview
The property is located at 480 N Main Street in Archbald, Pennsylvania, in Lackawanna County.
From an ownership standpoint, the building’s current configuration provides immediate income with consistent occupancy. Tenants also benefit from a cost structure where several apartments pay their own electric, which may help moderate operating expenses. For buyers seeking a straightforward multifamily asset with an existing commercial tenant and documented capital improvements, this property offers a clear path to asset management based on its current in-place operations and upgrade history.
Local Financial Insights For Retail
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 | $72.7k | $15.00 |
| − Vacancy | −$7.6k | −$1.58 |
| EGI | $65.0k | $13.43 |
| − OpEx | −$19.5k | −$4.03 |
| NOI | $45.5k | $9.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Archbald
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.540934
- Latitude
- 41.49721
