Two-Unit Duplex with
New
For Sale
$235,000
55 Coal Street, Nanticoke, PA 18634
Multi-Family, Nanticoke, PA
Property Size1,872 SF
Lot Size0.16 Acres
Price / SF$125.53
Days on Market1
Property Features for 55 Coal Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Basement, Bedroom 1, Bedroom 4, Bedroom 6
Parking features
Off Street
Exterior features
Aluminum
Basement
Full, Concrete
Elementary school district
Nanticoke
Middle school district
Nanticoke
High school district
Nanticoke
Directions
mains st to slope st make right on coal st home on right- use GPS
Subdivision
Ashley-Nanticoke-Hanover Twp
Standard status
Active
APN
42-J7NW3 -007-005/006/007
Size
1,872 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
personal items
Tax Annual Amount
1163
Legal Description
personal items
Utilities
Heating system
Steam
Water source
Public
Building Details
Year built
1930
Roof type
Shingle
Listing Agency:
Classic Properties Kingston
(570) 718-4959
Listed By:
Georgette M Pavlick-Vivian · License #RS317504
(570) 817-6536
Added: Sep 17
Last Checked: Sep 17 at 7:06PM
MLS# 26-4790
Copyright © 2026 Luzerne County 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.
Investment Insights
Based on property information with market context.
This 1,872-square-foot duplex was built in 1930 and contains two residential units, each arranged with 2–3 bedrooms and one bathroom. Separate entrances provide distinct access to the units, while the property also includes a basement, aluminum exterior, shingle roof, steam heating, and public water service. Off-street parking is available on the 0.16-acre parcel.
The property is located at 55 Coal Street in Nanticoke, Pennsylvania, within a residential zoning designation. Both units are vacant, allowing the next owner to determine the occupancy plan for the building. The six listed bedrooms and two bathrooms reflect the combined configuration across the duplex.
The property is located at 55 Coal Street in Nanticoke, Pennsylvania, within a residential zoning designation. Both units are vacant, allowing the next owner to determine the occupancy plan for the building. The six listed bedrooms and two bathrooms reflect the combined configuration across the duplex.
Key Highlights
- Two‑unit duplex with 1,872 square feet of property size
- Each unit includes 2–3 bedrooms and 1 bathroom
- Separate entrances provide independent access to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,108
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,160
$302.2K
Cap Rate 7%
$215,829
$215.8K
Cap Rate 9%
$167,867
$167.9K
Market Conditions
NOI Build-Up for 1,872 SF
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.
Gross rent
$23.6K $12.60/SF
− Vacancy
−$2.0K −$1.07/SF
EGI
$21.6K $11.53/SF
− OpEx
−$6.5K −$3.46/SF
NOI
$15.1K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,160
Cap Rate 7%
$215,829
Cap Rate 9%
$167,867
Alternative Uses
Best Use
Multifamily LT 5
$215.8K
$188.9K – $251.8K
NOI $15,108 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$200.2K
$175.2K – $233.5K
NOI $14,012 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 17.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 18634, PA
13,702
Population
6,497
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
14.3 sq mi
ZIP Area
958
Density / Sq Mi
$60,482
Median Household Income
$38,280
Median Earnings
$798
Median Rent
$108,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant residential property with separate entrances, steam heat, and off-street parking.
Where is this duplex located?
The property is located at 55 Coal Street Nanticoke, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,872 square feet of property size; Each unit includes 2–3 bedrooms and 1 bathroom; Separate entrances provide independent access to each unit
