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    Historic Multi-Unit Property on Main Title is generated by Realmo AI

    531 Main Street, Gouldsboro, PA 18424

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    Claim this Listing
    For Sale
    $459,000

    MULTI_FAMILY - Other - Gouldsboro, PA

    Property size:
    3,628 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $126/SF
    Added:
    May 5, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 20 at 12:06 am

    Property Features for 531 Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 3, Bathroom 4, Bathroom 3, Basement, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 6
    Exterior features
    Private Yard, Storage
    Basement
    Unfinished, Storage Space
    Standard status
    Active
    APN
    14-0-0019-0036
    Size
    3,628 SF
    Lot size
    0.87 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Improvement Type: 3 Family Converted
    Tax Annual Amount
    5935

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    3
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Heather L Kishel
    Heather L Kishel

    Listing agent Heather L Kishel License #RS279133

    Listing office Coldwell Banker Town & Country Properties Moscow 109 Church St, Clarks Summit, PA

    Listing date May 5, 2026

    MLS# SC262000 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.

    HighLights

    • Historic multi‑unit property on Main Street, built in 1880
    • Three separate units for owner‑occupant or multi‑generational living flexibility
    • Multiple bedrooms and bathrooms including Bedroom 1–6 and 4 bathrooms
    • Basement included
    • Exterior features include a private yard and storage

    Overview

    This historic multi-unit property, dating back to the 1800s, is located on Main Street in Gouldsboro. The property offers three separate units, providing flexibility for owner-occupants, investors, or multi-generational living. The property offers potential for restoration, investment, or personal enjoyment. Throughout the home, original features reflect the craftsmanship and character of its era. The property is conveniently located in the center of town with access to local amenities and major routes. The lot size is 0.87 acres and the property size is 3628 square feet. The zoning is R1.

    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 $61.0k $16.80
    − Vacancy −$4.6k −$1.26
    EGI $56.4k $15.54
    − OpEx −$16.9k −$4.66
    NOI $39.5k $10.88
    3,628 SF · lease $16.80/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $563.8K
    $493.3K – $657.8K (±1% cap)
    NOI $39,465 @ 7.0% cap · market cap 8.60%
    Second Best
    Apartment 5plus
    $488.3K
    $427.3K – $569.7K (±1% cap)
    NOI $34,182 @ 7.0% cap · market cap 7.45%
    Theoretical Best
    Office A
    $884.7K
    $774.1K – $1.03M (±1% cap)
    NOI $61,926 @ 7.0% cap · market cap 13.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Gouldsboro
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.454804
    Latitude
    41.24523

    FAQs

    What type of property is this?
    Triplex - Historic multi-unit property in Gouldsboro with income potential.
    Where is this triplex located?
    The property is located at 531 Main Street Gouldsboro, PA.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Historic multi‑unit property on Main Street, built in 1880; Three separate units for owner‑occupant or multi‑generational living flexibility; Multiple bedrooms and bathrooms including Bedroom 1–6 and 4 bathrooms
    More about this property
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