Side-by-Side
New
For Sale
$275,000
61-63 S Atherton Avenue, Kingston, PA 18704
Separate utilities serve two three-bedroom residences, each with its own front and rear porch.
Property Size2,404 SF
Days on Market6
Property Features for 61-63 S Atherton Avenue
General Information
Standard status
Active
Size
2,404 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,722
Building Details
Building Size
2,404 SF
Buildings
1
Listing Agency:
RPA Real Estate
Listed By:
Robert Altmayer · License #RM424576
(570) 793-7999
Source:
Luxehomesnepa
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RPA Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two adjacent residences, each arranged with three bedrooms and one bathroom. Both units include a kitchen, dining room, and living room, along with private porches at the front and rear. Separate utilities serve each residence.
The property is located at 61-63 S Atherton Avenue in Kingston, Pennsylvania.
The property is located at 61-63 S Atherton Avenue in Kingston, Pennsylvania.
Key Highlights
- Two adjacent units, each with 3 bedrooms and 1 bathroom
- Separate utilities for each residence
- Each unit includes a kitchen, dining room, and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,401
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,020
$388.0K
Cap Rate 7%
$277,157
$277.2K
Cap Rate 9%
$215,567
$215.6K
Market Conditions
NOI Build-Up for 2,404 SF
Gross rent
$30.3K $12.60/SF
− Vacancy
−$2.6K −$1.07/SF
EGI
$27.7K $11.53/SF
− OpEx
−$8.3K −$3.46/SF
NOI
$19.4K $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 Rate 5%
$388,020
Cap Rate 7%
$277,157
Cap Rate 9%
$215,567
Alternative Uses
Best Use
Multifamily LT 5
$277.2K
$242.5K – $323.4K
NOI $19,401 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$257.0K
$224.9K – $299.9K
NOI $17,993 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$761.6K
$666.4K – $888.5K
NOI $53,311 @ 7.0% cap · market cap 19.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,585
Businesses Nearby
Explore this area
Business Placement
Demographics for 18704, PA
31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve two three-bedroom residences, each with its own front and rear porch.
Where is this duplex located?
The property is located at 61-63 S Atherton Avenue Kingston, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two adjacent units, each with 3 bedrooms and 1 bathroom; Separate utilities for each residence; Each unit includes a kitchen, dining room, and living room
